Herman DeBoard

Branch Security Gets a High-Tech Upgrade

By John San Filippo

 

According to FDIC and NCUA records, while U.S. banks have shuttered some 8,500 branches since the start of the pandemic, U.S. credit unions have opened nearly 1,000 branches. For any number of reasons, branch banking seems to be making a resurgence in the credit union space. However, while cybersecurity is understandably top of mind in this burgeoning digital age, the technology behind branch security has not changed much – until now. A company called Huvr and its monitoring platform OpticSense are looking to change the way credit union branches (or any physical location) are secured.

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