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3VR Deployed by Several Credit Unions Across the State of Washington

Top Quote O Bee Credit Union, Our Community Credit Union and Washington State Employees Credit Union To Use Video Intelligence Platform to Reduce Fraud and Solve Crimes. End Quote
  • (1888PressRelease) June 22, 2011 - San Francisco - 3VR, Inc., the video intelligence company, today announced that three credit unions across the state of Washington have installed 3VR's video intelligence platform to reduce fraud and solve crimes. 3VR integrator Cook Security Group led the deployments at O Bee Credit Union, Our Community Credit Union and the Washington State Employees Credit Union (WSECU).

    All three institutions are using 3VR products to reduce investigation times by searching through hours of video, collected by cameras at branches at ATMs, in just minutes. Recently, Our Community Credit Union had a hold-up at one of its branches. Security was able to search the video and send to police within five minutes. The robber was caught and the video was used in court to gain a conviction.

    "3VR enables our investigators to be more efficient by reducing investigation time and enabling them to respond quickly to requests for surveillance film," said Melissa Wolff of WSECU. "Previously, when an event occurred, we'd have to wait for the download of images to complete before we could conduct our searches. Now, we can conduct real time search using specific criteria to find the relevant information recorded by our video surveillance system in just minutes."

    All 3VR solutions feature advanced video analytics, such as facial surveillance and object detection, as well as data integration and search capabilities, and state-of-the-art central management options. 3VR's Video Intelligence PlatformTM includes several appliances including the P-Series, the most flexible, powerful, and supportable hybrid DVR/NVR available today, the 3VR Server-Class, a Windows-server solution offering maximum integration and management capabilities and the recently released S-Series, designed for confined spaces such as ATMs vestibules.

    "Today, financial institutions have all the data that they need to solve crimes and reduce fraud. They just need to make mine that data to find the information that will lead to arrests and fraud prevention," said Al Ship, CEO of 3VR. "We are focused on helping financial institutions of all sizes to maximize the return on their video surveillance investments by providing tools that allow them to better protect their customers, employees and assets."

    About 3VR
    3VR, Inc., the video intelligence company, enables organizations to search, mine and leverage video to bolster security, identify and mitigate fraud and better serve customers. 3VR's Video Intelligence Platform allows video surveillance systems to reach their true potential and deliver a measurable and sustainable return on investment. 3VR is the video surveillance standard for hundreds of global customers, including leading banks, retailers, governments and law enforcement agencies and owns CrimeDex, an online community of more than 2,500 fraud, loss prevention and law enforcement professionals dedicated to stopping crime. Based in San Francisco, CA, the company is privately held with funding from DAG Ventures, Focus Ventures, In-Q-Tel, Kleiner Perkins Caulfield & Buyers, Menlo Ventures and VantagePoint Ventures. 3VR's SmartRecorder is the three-time winner of the SIA Best New Video Product Award and was named Security Product of the Year from Frost & Sullivan in 2006 and 2007, among other awards.

    For more information, please visit http://www.3vr.com.

    About Cook Security Group
    With over 500 years of combined experience, CSG provides electrical & physical security, service and installation including alarms, monitoring, cameras, DVR, surveillance equipment, access control, lock repair, ATM maintenance, safes, and much more. We take pride in our 2 hour response time and cost effective solutions. Learn more at http://www.cooksecuritygroup.com.

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