Fintech PR
March Networks Secures Groundbreaking Banking Deal with Garanti BBVA in Türkiye, Driving Digital Transformation
The deal will move Garanti BBVA from Analog to Digital and involves over 22,000 IP cameras and 5,000 NVRs across their entire branch and ATM network.
OTTAWA, ON, Dec. 18, 2023 /PRNewswire/ — March Networks®, a global leader in video surveillance and video-based business intelligence solutions, is thrilled to announce a historic partnership with Garanti BBVA, one of Türkiye’s leading banks. This agreement marks a significant shift for Garanti BBVA from analog to digital video surveillance and involves the deployment of over 22,000 IP cameras and 5,000 Network Video Recorders (NVRs) across their extensive network of 883 branches and over 4,000 ATMs.
Garanti BBVA, a trailblazer in the Turkish banking sector, has consistently led the way in technological innovations, such as being the first bank in Türkiye to introduce Internet and Mobile banking in 1997. Their commitment to technology-driven progress remains a cornerstone of their corporate values.
In a strategic move, Garanti BBVA is now poised to become the first bank in Türkiye to transition to an all-digital video surveillance platform. Their choice of March Networks over competitors was underpinned by three compelling factors:
- Proven Banking Expertise: March Networks boasts an extensive global portfolio, serving over 1,000 banks worldwide, including some of the industry’s largest and most prominent institutions.
- Centralized Management: March Networks offers a robust, reliable, and scalable solution based on IP cameras and NVRs that can be centrally managed, delivering substantial operational efficiencies, including reduced maintenance call outs, better uptime and a reduction in overall video storage costs.
- Video Surveillance +: The March Networks Searchlight for Banking solution elevates traditional video surveillance by integrating cutting-edge business intelligence capabilities. This enables banks to reduce theft and fraud by linking ATM transactions with video footage and enhance the in-branch customer experience through innovative features like queue waiting time tracking.
The Chief Security Officer (CSO) of Garanti BBVA Mr. M.Feridun Aktaş stated “As Garanti BBVA, we aim to always be ahead in following and implementing developments in technology. We aim to provide our young security teams with more effective, smart and functional skills by renewing our Award-winning Video surveillance system in tens of thousands of locations in Türkiye. I am sure that the project partnership we have established with March Networks will produce the first and only example of all of them.”
The comprehensive solution March Networks will deliver to Garanti BBVA includes over 22,000 IP cameras and 5,000 NVRs, all seamlessly managed through the March Networks Command Enterprise System (CES) Video Management Software (VMS). CES stands out as one of the few software platforms capable of effectively centralizing the management of such an extensive array of devices. Additionally, CES facilitates advanced system-wide health monitoring, ensuring that Garanti BBVA has real-time visibility into the status of all of their cameras and NVRs.
As part of the central management, March Networks will also deliver a massive, centralized storage solution for the offsite backup of the significant amount of video generated by that many IP cameras and NVRs. March Networks offers one of the most flexible storage implementations in the industry with the ability to combine on-premise storage with private cloud and the public cloud, enabling Garanti the ability to manage their video data today and into the future.
Garanti BBVA will also have the ability to remotely access live and recorded video through the March Networks Command Client at their head office and through a web browser at their branches which means that everyone in the organization who needs access to the video can access it.
March Networks Director of Middle East Sales Trevor Sinden stated, “We are very pleased that Garanti BBVA has chosen March Networks to be their trusted partner to deliver their new completely IP based Video Surveillance platform. With our strong background in the financial sector and our enterprise global scale with some of the largest banks in the world, together with our partner EEC Entegre Bina Kontrol Sistemleri in Türkiye, we have the expertise and the ability to deliver incredible value for Garanti BBVA now and in the future.”
For more information about March Networks’ solutions for Banking please visit our website at www.marchnetworks.com/solutions/banking. To speak to someone about our banking solutions, please contact us.
About March Networks
March Networks® helps organizations transform video into business intelligence through the integration of surveillance video, analytics, and data from business systems and IoT devices. Companies worldwide use our software solutions to improve efficiency and compliance, reduce losses and risk, enhance customer service and compete more successfully. With deep roots in video security and networking, March Networks is also recognized as the leader in scalable, enterprise-class video management and cloud-based services. We are proud to work with many of the world’s largest financial institutions, retail brands, cannabis operators and transit authorities, and to deliver our software and systems through an extensive distribution and partner network in more than 70 countries. Founded in 2000, March Networks is headquartered in Ottawa, Ontario, Canada. It is owned by Delta, a global leader in power and thermal management solutions. For more information, please visit marchnetworks.com. March Networks and the March Networks logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.
To keep up with March Networks news and updates, subscribe to our Intelligent IP Video Blog and stay connected by following March Networks on LinkedIn, Twitter (X), Facebook, Instagram and YouTube.
MEDIA INQUIRIES: Jacqueline Ondaye, March Networks, [email protected], +1 343 996 8623
View original content:https://www.prnewswire.co.uk/news-releases/march-networks-secures-groundbreaking-banking-deal-with-garanti-bbva-in-turkiye-driving-digital-transformation-302014219.html
PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice
LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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