March surpasses 400 financial services customers

OBJ Staff
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Digital video surveillance firm March Networks said it’s reached a significant milestone by signing up its 400th customer in the financial sector.

(Stock image)

The latest deal, with Community Bancshares Inc., pushes March beyond the 400 mark, according to the Ottawa-based company. Terms were not disclosed.

"Banks worldwide are losing more than $1 billion annually from credit card fraud and electronic crime associated with ATMs," said Paul Novak, March Networks' general manager of global financial solutions, in a statement.

"Increasingly, they are turning to March Networks for powerful analytics and case management tools to better detect and prevent fraudulent activity, and drive profitability as a result.”

March says its banking customers include four of the top 10 U.S. banks, three of Mexico's five leading banks, a majority of the "Big Five" Canadian banks, as well as top financial institutions in Australia, New Zealand, the United Arab Emirates, Denmark and Italy.

Organizations: March Networks, Community Bancshares

Geographic location: Ottawa, U.S., Mexico Australia New Zealand United Arab Emirates Denmark Italy

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