FOR IMMEDIATE RELEASE
September 22, 2011
ABA Media Contact: John Hall
(202) 663-5473
E-mail: jhall@aba.com
Follow us on Twitter: @ABABankingNews

WASHINGTON — The American Bankers Association has launched a secure Web portal where crime data for bank robberies, burglaries and ATM crimes – reported by subscribing banks – are collected and analyzed, then made available to participants. ABA Bank Capture will aggregate data in real-time, allowing banks to access information on incidents as they are reported.

“ABA Bank Capture provides an invaluable tool for banks and law enforcement to detect and deter bank crimes,” said Larry Brown, senior vice president of risk management, First Citizens Bank, Raleigh, N.C., and chairman of the ABA Bank Security Committee.  “Banks will now have the ability to more deeply analyze crime trends and be alerted to crimes occurring at other banks in their vicinity.”

ABA Bank Capture integrates with the FBI Bank Robbery Intelligence Center to communicate robbery details as they are received.  The FBI reports back on cases as they are closed.  Subscribers can customize incident alerts and system notification emails.
         
              The new program is designed to help banks:
          •   Get real-time robbery and ATM crime alerts;
          •   Benchmark against their peers;
          •   Track incidents regardless of location;
          •   Enhance communication with law enforcement; and
          •   Reduce losses.

“ABA Bank Capture is designed to enhance banker and law enforcement reaction to bank crimes,” said Kevin McMenimen, president and CEO of Enabl-u Technologies, a division of ISO Crime Analytics, the company responsible for building the data management system. “The fully automated alerting and analytical capabilities of the system are particularly valuable in this era of constrained resources.”

“CAP Index is proud to be the analytical arm of ABA Bank Capture,” said Jon D. Groussman, president and COO of CAP Index.  “We have a rich history at CAP of supporting corporations and associations with data-driven solutions. The participating members of the ABA system will reap the benefits of understanding, in a quantifiable manner, the trends and patterns of loss that will ultimately assist them in their quest to mitigate negative events and safeguard their assets.”

For more information or to subscribe, visit www.ababankcapture.com or call 1-800-BANKERS (226-5377).

About American Bankers Association
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $13 trillion banking industry and its two million employees. The majority of ABA’s members are banks with less than $165 million in assets. Learn more at aba.com.

About ISO Crime Analytics
ISO Crime Analytics, a unit of Verisk Analytics (Nasdaq:VRSK), encompasses divisions — including Enabl-u Technologies — that help retailers, manufacturers, logistics companies, equipment owners, and their insurers combat crime through data management, analytics, and theft-prevention services. ISO Crime Analytics follows a crime-fighting strategy that includes prediction, mitigation, response, and recovery. For more information on Verisk Analytics, visit www.verisk.com.

About CAP Index
Since 1988, CAP Index® has provided innovative solutions for companies and government agencies looking to minimize a broad range of losses, including crimes against persons and property, shrink, general liability, lawsuits and fraud.

CAP Index provides actionable crime forecasting data and research, as well as loss mitigation solutions to 81 of the top Fortune® 100 Companies, the top 20 U.S. banking institutions, and other leading retailers, insurance companies and restaurant chains in the U.S., U.K. and Canada. 800-227-7475. www.capindex.com.

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