Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company , today announced that is has experienced high demand and adoption of its solutions within the global banking market over the past year, with more than 100 leading banks transitioning to its technologies. Investment in Verint's branch surveillance and investigative solutions was driven by organizational requirements for innovative platforms to reduce fraud, and strengthen the security of valuable data and assets.

The banking industry is constantly evolving, and security professionals are faced with challenges that include protecting people and assets from threats, crime and fraud across the enterprise, as well as the responsibility of meeting financial objectives. Risks abound from cyber and physical orientation points, and can be isolated or in association with organized crime. Robberies, ATM skimming, check and credit card fraud, and identity theft have become commonplace with new schemes invented by sophisticated criminals. As a leading provider of solutions to the financial industry, Verint delivers the technologies, expertise and strategies to help its customers anticipate, analyze and effectively take action to counter these challenges.

What Banks Have to Say About Partnering with Verint to Advance Security, Mitigate Fraud and Enhance Customer Engagement

According to one financial institution, "With more than 100 branches to manage and secure, it's critical for us to leverage proactive, intelligent security tools to analyze and achieve the video coverage necessary to reduce fraud and enhance the customer experience. By working with Verint, we have found a strong partner that helps us achieve our operational goals through comprehensive service, support and innovation."

Another bank shares that, "Verint is a true collaborator in every sense. It provides the breadth of solutions that have allowed us to standardize our video surveillance infrastructure across 250 branches. Verint also has the banking expertise to help us maximize ROI as our security and business needs evolve. We have great confidence in its technology innovations and services."

"We chose Verint based on its extensive knowledge in the banking market and its impressive technology portfolio that enables us to bridge the worlds of security and customer engagement. Verint's reliable and intuitive solutions are a key component of our fraud-reduction efforts, providing us the intelligence necessary to reduce risk across our branch network," notes this Verint financial customer.

As a leading global provider of security, fraud and compliance solutions, Verint is dedicated to working closely with its customers and partners. During the Verint Engage Global Customer Conference, May 14-17 in Dallas, customers will gain insight into advanced security management solutions, a host of customer engagement technologies, and best practices while networking with industry peers.

To learn more about Verint's robust portfolio for the financial services sector, visit Booth 28057 at ISC West in Las Vegas, April 11-13, 2018—and to register to attend the Verint Engage Global Customer Conference next month, click here.

About Verint Systems Inc.

Verint ® (Nasdaq: VRNT) is a global leader in Actionable Intelligence ® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we're creating A Smarter World with Actionable Intelligence ® at www.verint.com.

This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2018 and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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