CardConnect secures tokenization patents

Tokenization reduces or entirely removes systems from the scope of PCI compliance because it eliminates all real touch points with actual card numbers.

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'This year's conference was also terrific'

A video journal of highlights and attendee comments from the second annual ATM & Mobile Innovation Summit in Washington, D.C.

Lift the flap ... what's behind it?

In the payments business, an entire industry focused on security is taking shape behind the scenes. The question is who else might be lurking back there, as well.

ATM enclosure access: Three problems, one solution

FIs, CIT providers and IADs all face issues of key management, custodian authorization and security integration. One company says it has a solution for all.

Reslam brings its solution for keyless ATM enclosure access to US

The South African company says its completely keyless system can flex to meet the needs of FIs, CIT companies and IADs of almost any size.

Obama executive order calls for 'BuySecure' initiative

An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward nationwide adoption of EMV.

Jackpotting makes its way to Western Europe's ATMs

Though malware attacks constitute a minority of ATM crimes in Europe, the stealth, speed, criminal finesse — and cash — involved make them particularly worrisome to deployers.

Can the ATM industry stop Tyupkin in its tracks?

ATM Marketplace checked in with security experts around the industry to learn how operators can protect themselves from the latest 'jackpotting' scheme, Tyupkin malware.

Call centers a popular target for fraudsters

One expert says that if contact phone channels were monitored, this could predict criminal behavior two weeks prior to actual attacks.

Targeted cyberattacks: Lessons learned from a former FBI guy

"You don’t have a malware problem; you have an enemy problem," says Crowdstrike president and former FBI executive assistant director Shawn Henry. He explains further in a video interview.

How to cut the cost of inefficient cash handling

If you deal with cash on a regular basis, how can you protect it against poor cash-handling practices? Are there ways to make sure everything adds up?

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NEWS


It's November — peak season for card fraud

Criminals Christmas-shop, too. Data analysts at Feedzai say last November was big for fraud, but this November will be bigger yet.

Card data theft the No. 1 worry among Americans, Gallup poll says

Gallup found that 69 percent of Americans worry about having card information stolen in a retail data breach — and suggested that this fear could increase reliance on cash.

Organizations not prepared adequately for targeted cyberattacks

A Kaspersky Lab study finds that although businesses know the threat is real, they aren't doing enough to protect themselves against targeted attacks.

FIS, CSCU team up to extend fraud protection solution to CUs

Compromise Manager promises timely card blocking, reduced administration costs, and automated cardholder alerts for small and midsize credit unions.

Alliance advocates concurrent use of smart chip, encryption, tokenization

A new paper from the Smart Card Alliance says payments providers can help protect themselves against fraud by using layered technologies.

US banks hit with EMV fraud (yes, EMV fraud)

Fraudsters are devoting their energies to exploiting holes in the smart chip transaction process. And it seems that they have found a few.

FIME urges financial industry to add NFC along with EMV

The company says the financial industry should expect growing consumer demand for contactless following the rollout of Apple Pay.

Encap platform incorporates Apple Touch ID for mobile banking apps

Fingerprint security joins PIN entry, device location and user behavior as options for user authentication in mobile banking applications.

Prospective members lining up to join new ATM Security Association

After the organization's launch two weeks ago at ATMIA Security 2014, founding members Wincor and Diebold fielded 70 inquiries and applications for membership.

Staples investigating possible data breach

Has POS malware become an 'easy button' for payment card data theft and counterfeiting?

EAST announces venue for FCS 2015

The European ATM Security Team has selected a new venue in The Hague for its next Financial Crime and Security Forum.

Half of US POS terminals will be chip-enabled by end of 2015

Massive data breaches in the past year seem to have prodded retailers to take action to curb their potential exposure to losses from fraud.

MasterCard, Zwipe team up to roll out first-ever biometric contactless payment card

Biometric authentication replaces PIN entry, enabling cardholders to make contactless payments in any amount, unlike current NFC-enabled payment solutions.

Nearly 40 percent of US mobile banking users worry about identity theft

Not surprisingly, older users of mobile banking apps are more fearful than younger users about having their mobile banking data hacked.

US gov't to introduce EMV for EBT cards

Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of electronic benefits payments data.

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Theft, skimming and other types of ATM fraud and scams are a constant concern for ATM operators. This Research Center focuses on best practices in ATM security and fraud prevention.