In the recently reported $45 million bank theft, much attention has been focused on the fact that cash was obtained through ATM withdrawals. But the crime was made possible by cybersecurity breaches …
NCR Corp. is planning to downsize its research and development staff in Dundee, Scotland by 70 members. According to The Courier, NCR confirmed the staff reduction, saying that it was part of a …
Maybe it's a challenge that no self-respecting counterfeiter could pass up. Or maybe it's a case of public overconfidence in banknotes that are supposed to be impossible to counterfeit &mdash …
Bulgaria's Teximbank has embarked on a nationwide rollout of Diebold Opteva touchscreen ATMs, with installation by payment solutions and outsourced services provider Mellon Bulgaria EAD. The new ATMs …
A recently published case study from TEKchand, a provider of software solutions for the ATM channel, demonstrates the successful implementation by TruWest Credit Union of Co-op ATM Visual Control …
Virtual multi-channel banking solutions provider Auriga and online payment platform provider MyBank are combining their expertise to create an all-in-one mobile banking and payments app that will …
South Africa-based Spark ATM Systems has announced the formation of Spark ATM Systems Zimbabwe Pvt. Ltd., in partnership with CBZ Bank Ltd., Zimbabwe's largest retail bank. The move will result in …
A change to chip-embedded ATM cards is supposed to make ATM access easier in EMV markets. But for HSBC customers, this isn't quite the case. When the FI changed to chip cards it also put out a tender …
They say it takes a thief to catch a thief — or in this case, to stop one. A Romanian criminal serving a 5-year prison sentence for supplying an organized crime gang with devices used in …
Welch ATM has formally announced its agreement with Rite Aid Corp. to provide ATMs at more than 2,900 Rite Aid stores across the United States. Rite Aid ranks at 113 in the Fortune 500, with $26 …
EMVCo, the EMV standards body owned by American Express, JCB, MasterCard and Visa, has announced the addition of China UnionPay to its membership. The change gives UnionPay an equal interest in …
The Chinese ATM market is huge — and growing. The market added 76,000 ATMs in 2012 to reach 415,000, an increase of 250 percent since the end of 2008. According to the report, "ATMs in China …
Among consumers who own smartphones and tablets, an overwhelming majority — 83 percent — worry about identity theft, but ultimately choose convenience over security when it comes to …
In many African countries, ATM uptime is a troublesome issue, fraught with power grid failures, network breakdowns, long trips for maintenance and challenging weather conditions. So it's no wonder …
BancNet Inc., a Philippines-based interbank network, expects a 15–20 percent increase in transaction volume this year, in line with the electronic banking consortium's historical performance …
Japanese telecommunications manufacturer Oki Electric Industry Co. Ltd. has announced a strategic partnership to jointly operate an automation and services company in Brazil with Itautec, a Brazilian …
Thieves made off with cash from five ATMs in the Australian capital of Canberra on Monday night after stealing a set of electronic ATM keys. But while five was bad enough, it could have been far …
Online personal finance publisher Bankrate.com has released the results of its annual survey of prepaid card fees. The company examined 24 of the most prominent prepaids and found the usual menu of …
RBS chair Philip Hampton has announced that the Royal Bank of Scotland Group will invest an additional £450 million ($688.55 million) in modernizing its information technology infrastructure in …
GRGBanking has announced the May 3, 2013, certification by the European Central Bank of the Chinese manufacturer's cash recyclers, deposit machines, sorting machines and cash handling devices …