Virtual Currency: The Next Disruptor in Payments

Virtual currency, such as Bitcoin, is the next disruptor in payments. Adoption is on the rise and consumers want places to spend their bitcoin.

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Kalpana: A 'magic bullet' for the ATM industry?

NCR aims to maximize ATM security and minimize ATM cost of ownership with a bold new Android-based thin client operating system.

The bitcoin-ISIS connection

An analyst says he has found proof that the terrorist organization is using virtual currency to fund its operations.

9 ways to lock out ATM hackers

Putting your ATM network beyond criminals' reach is a multilayered proposition. That's where the 'onion model' of security best practice comes in.

The 'onion model': Nine layers of security every ATM deployer needs

A Feb. 10 webinar will introduce a multilayered approach to ATM software security that ensures if one security measure fails, others will continue to shield the fleet.

From breach to outreach: Restoring cardholder confidence

The card is an extension of your institution, so it's your FI that cardholders look to for protection. Losing their trust is a big problem — and a big expense

Share the information: Every ATM owner is in the same game!

It's time to pause and celebrate 2014. In somewhat muted terms, perhaps, but we made it, and the ubiquitous corner ATM is still being well used.

In new ATM association, competition takes a back seat to crimefighting

The ATM Security Association for Enhanced Technology asks members to join a common cause against an underworld of uncommonly determined ATM fraudsters and cyberthieves.

ATM stories that caught readers' attention in November

Apple Pay, cybercrime and self-service innovation were top-of-mind in the ATM industry over the last month. But reader interest wandered over to low-tech topics, as well.

I need cash — beam me up!

Given the successful deployment and ready acceptance of biometrics elsewhere in the world, greater use of this technology in the US is inevitable.

Is tokenization becoming table stakes for mobile payments?

Tokenization is a good move forward as it builds on the gains of PCI and the global adoption of EMV standards.

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NEWS


CMS provider Tidel gains backing of private investment firm

With the backing of Graham Partners, Tidel plans to expand its product portfolio, increase share in its core customer base, and enter new markets.

ValidSoft, FICO anti-fraud partnership scores another win

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

G&D offers white label mobile cloud payment service for FIs

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

Biometrics-based ATM authentication — without a hardware upgrade

The solution requires no retrofitting of ATMs, and it establishes secure two-way SSL communication between the ATM and a biometric open protocol standard-compliant bank server.

Two UK banks add Apple Touch ID

RBS and NatWest have become the first financial institutions in the region to add fingerprint sensor functionality to their mobile banking apps.

SSL no longer acceptable for data protection, PCI SSC says

Weaknesses in the secure socket layers protocol will require revisions to the PCI DSS — and upgrades to providers' encryption methods.

White House info sharing plan wins favor with ABA

The group encouraged Congress to craft legislation that protects merchants against frivolous lawsuits when voluntarily sharing information. .

Kaspersky ties Carbanak cybergang to $1B bank heist

A combined effort by Kaspersky Lab and various legal authorities has uncovered as much as $1 billion in cybertheft from financial institutions worldwide.

HID Global provides instant issuance solution to Greek FI

The solution is now in use at 300 Piraeus Bank branches, replacing the more expensive and time-consuming system of sending EMV debit cards by mail.

MasterCard plans $20M spend to fight cyberthreats in 2015

Cybersecurity measures such as biometric protection for mobile apps and early warning alerts on potential threats lead spending priorities.

Visa to eliminate 16-digit account number for remote purchases

The move expands the company's Visa Token Service, which is intended to protect sensitive card information.

Diebold, Eagle Eye Networks team up to offer cloud-based video services

The solution will stream and store live and recorded video, and generate notifications and real-time analytics, the companies say.

Rising use shows biometrics breaking down consumer resistance

Consumer and enterprise segments will soon catch up with governmental spending on biometrics to become the dominant portion of the market.

Mac exploits looking increasingly lucrative to cyberthieves

Long deemed less prone to intrusion, Apple's OSX today faces a cyberthreat risk similar to Microsoft Windows, Kaspersky Lab says.

Jumio adds biometric tech to mobile consumer verification product

The company's Face Match feature compares the customer's live face against a photo ID to produce a 'likelihood-of-match' score.

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ACG provides all physical and electronic security equipment that is needed to prepare your institution for the worst case scenario. Including: Modular Vault Systems, Vault Doors, Safe Deposit Boxes, Cash Lockers, Teller Lockers, Night Depositories, 24 Hour Monitoring Systems, 16 Channel DVRs and High Resolution Camera Systems.