News

ABA launches website to track bank robberies, ATM assaults

September 22, 2011

According to the Las Vegas Review-Journal, the American Bankers Association has launched a website that allows participating banks to enter data from incidents of robbery, ATM robbery and assaults to more deeply analyze crime trends and be alerted to crimes occurring at other banks in their vicinity.

ABABankCapture.com will and then make the data available to other banks participating in the site.

"ABA Bank Capture provides an invaluable tool for banks and law enforcement to detect and deter bank crimes," said Larry Brown, chairman of the ABA Bank Security Committee.

Brown said the new program was designed to get real-time robbery and ATM crime alerts; benchmark against their peers; track incidents regardless of location; enhance communication with law enforcement; and reduce bank losses.

Doug Johnson, ABA's vice president of risk management, said 40 percent of bank branches nationwide had signed up to participate in the service before Thursday's launch. He said the cost was between $500 and $3,000 annually depending on the size of the branch.

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