News & Media
ATM malware sellers branching out
August 9, 2018
At least one ATM malware purveyor on the dark web is broadening its portfolio to include bitcoin ATM malware.
read nowAuthorities throw the book at 3 members of Fin7 cybercrime gang
August 8, 2018
Three high-ranking members of a sophisticated international cybercrime group operating out of Eastern Europe have been arrested and are in custody facing…
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New threats demand renewed attention to ATM physical security
With the number of brute force attacks on on ATMs on the rise — and, if they are successful, the potential to lose tens of thousands of dollars in just a few…
read nowBitcoin ATM installed base quadrupled in 2017
August 7, 2018
The bitcoin ATM market grew at an amazing rate in 2017, more than quadrupling in number over the course of the year, according to data from Statista.
read nowMobile banking trojans a major threat in Q2
August 7, 2018
The number of mobile banking trojans peaked at a historic high of 61,045 in Q2 2018, a three-fold increase compared with Q1. In descending order, the top three…
read nowMobileOnMoney ATM installations reach 10K mark
August 6, 2018
MoneyOnMobile Inc., an India-focused mobile payments technology and processing company, has announced that the number of MOM ATM units deployed in India has…
read nowNew IBM X-Force Red Labs to incorporate ATM vulnerability testing
August 6, 2018
IBM Security has launched X-Force Red Labs, a network of four facilities — to include the company's ATM testing practice — in response to increased demand for…
read nowPCI SSC updates PIN security standard
August 6, 2018
The PCI Security Standards Council has published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI standard for the secure management…
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Diebold Nixdorf and the Terrible, Horrible, No Good, Very Bad Day
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
There's no other way to describe Aug. 1 in the annals of Diebold Nixdorf history. The company reported unpleasantly surprising Q2 earnings first thing in the…
read now3 longtime PAI execs resign en bloc
August 3, 2018
Three top executives at Payment Alliance International resigned en bloc yesterday: President and CEO John J. Leehy III; Executive Vice President and Chief…
read nowSenate bill would ban overdraft fees on ATM, debit card transactions
August 3, 2018
Legislation introduced in the U.S. Senate aims to curtail the ability of banks to impose overdraft fees on customers.
read now3 Fin7 members face 26 charges in cybertheft of data for 15M cards
August 3, 2018
Three high-ranking members of an international cybercrime group operating out of Eastern Europe have been arrested and are curren in custody facing charges…
read nowNew tools enable app development for Square hardware
August 3, 2018
Square has released a set of developer tools for building custom, in-person checkout experiences, according to a press release.
read nowNedbank mobile app provides all-in-one payments through MasterCard, Entersekt partnership
August 3, 2018
MasterCard and Entersekt are collaborating to enable Nedbank customers in South Africa to make QR payments to merchants and billers who accept Masterpass…
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Contactless card transactions: A technology whose time has come?
by Will Hernandez — Editor, NetWorld Media Group
A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers…
read nowBoomers nearly 5x more likely than millennials to favor credit cards over cash
August 2, 2018
People age 29 and younger are 93 percent more likely to have a negative opinion of credit cards than people age 59 and older, according to new research from…
read nowCU members score on Prime Day
August 2, 2018
Amazon Prime Day 2018 recorded more than 100 million customer orders, making it a banner day for the e-commerce site, but also for the nation's credit unions…
read nowConsumer fears about security overshadow future of biometric payments
August 2, 2018
Consumer security concerns could jeopordize the future of biometric payments, which are otherwise poised for growth, according to a new report from secure…
read nowApple Pay cracks billion-transaction milestone
August 2, 2018
Apple CEO Tim Cook talked up the company's mobile payment service in an earnings call Tuesday, touting1 billion Apple Pay transactions in the company's…
read nowChase catches up, announces nationwide rollout of cardless ATM access
August 2, 2018
Chase customers can now get cash through the mobile wallet on their smartphone at nearly all of the bank's 16,000 ATMs nationwide. The wallet can also be used…
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