Case Study: Danske Bank detects fraud and money laundering with March Networks video software

Danske Bank Invests in Video Software for Fraud Detection and Anti-Money Laundering

Danske Bank, a Copenhagen-based financial institution, faced a significant shift in risk from physical robberies to soaring ATM fraud and a growing need to combat money laundering. To address this challenge, the bank turned to its vendor, March Networks, and expanded its use of the March Networks Searchlight for Banking software to better protect its assets.

The implemented March Networks solution integrated surveillance video with ATM transaction data to generate alerts and reports on suspicious activity, such as withdrawals just below daily limits. This enabled fraud investigators to quickly link transactions to video evidence, drastically improving investigation efficiency. The results include faster fraud detection and streamlined evidence sharing with law enforcement, with plans to further expand the system's capabilities to detect money laundering.

Danske Bank

Thomas Johansen

Director of Physical Security and Risk Group