Befuddled and confused about EMV

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Those needing to update their infrastructure to support EMV might be befuddled and confused by chip and signature, but wrongdoers have it all figured out.

FEATURES


Biometrics: The key to secure, convenient ATM transactions

There are no longer valid technical reasons why we should continue to expose ourselves to crime through the use of dated security systems and practices.

Preview: 2015 ATM & Mobile Innovation Summit

Technology offers new ways for consumers to hold, control and spend their money. This summit promises to help execs get their arms around the former and meet the expectations of the latter.

The PIN is passé; biometric is BIG

It's not just about mobile payments — ATM transactions and POS payments rely on the PIN, but could easily adapt to biometric authentication.

Money mules a stubborn problem for ATM operators

Money mules are the "last mile" to launder funds gained from illegal activity — and ATMs are often their first stop.

Blink and you'll get it!

Picture this: MasterCard is piloting a security scheme that will approve bankcard purchases with a selfie — and a blink.

Summer reading list: The top 5 ATM features for June

Grab your e-reader and an ice-cold beverage, then head to the hammock and catch up on ATM Marketplace features you might've missed last month.

ATM surveillance: Preserving the ATM, protecting the customer

It is inevitable that FIs must balance investments and cost containment, but they also must take into account the safety of the customers who use their services.

Lawmakers take an interest in electronic payments

Both branches of Congress have formed bipartisan caucuses focused on payment technologies and data security in the US.

After the chip card: A chargeback tsunami?

What can we learn from Canada's experience weathering the fraud fallout that followed EMV migration?

The FI’s opportunity in a mobile payments world

As mobile banking and payments converge, financial institutions have the benefit of one critical advantage over non-FI competitors: customer trust.

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NEWS


Report: Biometric device shipments for financial industry to total 212M units by 2024

Tractica anticipates that finance biometrics hardware and software revenue will increase from $126 million in 2015 to $2.2 billion in 2024.

First Tech, MasterCard pilot puts selfies to the test

'Selfie Pay' will test the use of facial recognition and fingerprint ID for online credit and debit card purchases transacted via smartphone.

No sunglasses, no hats — and definitely, no balaclavas

As South Korea prepares to roll out facial recognition software on ATMs, users of the machines are being advised to be recognizable.

Third fraudster pleads guilty in cross-country ATM caper

Three co-conspirators skimmed data in Europe and then took a US road trip, stopping at ATMs every few miles to withdraw cash using counterfeit cards.

Partnership ups the effectiveness of check fraud detection

IMM and Advanced Fraud Solutions say they are now able to provide almost real-time notification of potentially fraudulent check transactions.

Facial recognition market to see CAGR of 9.5 pct through 2022

According to a new report, the value of the facial recognition market will more than double within the next several years.

Kaspersky Q2 IT report highlights mobile security threat

The report finds a nearly threefold increase in mobile malware in the quarter, in addition to cyberespionage attacks targeting SMBs.

Enhanced batch check service adds counterfeit notification

Early Warning's enhanced batch deposit check service alerts an institution to the likelihood that an item might be counterfeit.

Taiwanese bank takes a look at facial recognition for ATMs

In a pilot test, CTBC Bank is assessing the technology as a potential replacement for ATM cards and PINs.

Study: US generates 21 pct. of card volume, 48 pct. of card fraud

The Nilson report attributes lopsided US statistics to the fact that the nation has not yet moved to EMV, and predicts that loss totals will only go higher.

GRG certifies TSS ATM key management system

Certification paves the way for GRG ATM owners to use remote key loading to establish the initial encrypting key for their ATMs.

Fiserv, Fujitsu to offer PalmSecure customer ID in branches

Banks that integrate the secure palm vein biometrics solution into their DNA IT platform will be better able to protect their customers from fraud, the companies say.

MasterCard invites customer input at digital security lab

The broadened mandate of the lab will encourage joint problem-solving for fraud and risk in payments, MasterCard says.

More than 5,500 organizations line up for .bank domain

Only verified and approved organizations may use the the top-level domain, whose features include strong encryption and authentication requirements.

Philly police investigating second ATM explosive attack

ATM explosions are rare in America, but two attacks this month in Philadelphia raise the question whether the US is at the leading edge of an unwelcome trend.

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