Features, News & Blogs
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 — practically. Most likely, it's the latter, since the …
Remembering John Shepherd-Barron in the age of the million-dollar ATM heistBy Robert Siciliano When Scottish inventor John Shepherd-Barron came up with the idea for a workable cash machine way back in the 1960s while taking a bath, he had no way of knowing then that his invention, the ancestor of today's ATM, would one-day …
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 maintaining EMVCo standards. EMVCo works to maintain …
ATM deployer vs. ATM fraudster: how to make sure you come out the winnerMany of the best minds in the financial services industry today are not in the business of providing financial services. Rather, they are in the business of inventing ever more ingenious ways to siphon money from financial service providers &mdash …
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 skimming has now invented a device to prevent skimming …
Cruising to EMV eventuality? In the summer of 2009 Margo and I enjoyed a Baltic cruise. For me, the most interesting port of call was St. Petersburg, Russia. Long considered the "other Venice," the city's network of canals creates a similar setting. Even as the calm waters of …
How do you stop a $45M ATM heist?By Kevin Christensen As more details of the $45 million international ATM heist begin to surface, ATM operators and their financial institution partners are learning more about the importance of third-party vendor management practices and fraud …
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 mobile banking. The 2013 Consumer Insights study …
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 Scotland, according to a report in Business …
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 worse. "The manfacturer of all the ATMs in Canberra is …
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