Data breach legislation: As states step up, will the Fed follow?

by Robert Siciliano — speaker, IDTheftSecurity.com

A data breach notification bill, H.B. 224, was recently introduced in the New Mexico legislature. If enacted, it would make New Mexico the 47th state to adopt…

ATMs left behind as Windows XP support ends

As the the XP support deadline passes with most ATMs still not upgraded, the wait is on to see what the consequences will be.

Westpac, UnionPay enter ATM agreement

April 7, 2014

Australian bank Westpac and Chinese bankcard provider UnionPay have announced an agreement that will allow UnionPay cardholders access to Westpac ATMs.

A prepaid card for Bitcoin believers

April 4, 2014

This week a company called Prepaid Bitcoin announced the official launch of — a prepaid Bitcoin card.

EMF releases revised standardized terms for EMV chip technology

April 4, 2014

The EMV Migration Forum has released a new version of "Standardization of Terminology," a glossary designed to encourage consistency and accuracy in…

Gartner offers advice for offices on XP

April 4, 2014

The ATM industry has given plenty of thought to the risks of running ATMs on XP after April 8. But what about the back office running XP?

Brink's, Burroughs strike service agreement

April 4, 2014

Brink's U.S., a provider of secure transportation and cash management services, has entered into multi-year agreement with Burroughs, under which the latter…

Who's swimming naked?

If you're an IAD, here are four ways to ensure that you won't be exposed when the tide rolls out on EMV.

For Bitcoin ATM-maker Lamassu, all news is good news

April 3, 2014

Bitcoin ATM-maker Lamassu has received almost continuous coverage in the mainstream media this year, most of it announcing "First Bitcoin ATM goes live in…

First Data, MasterCard announce EMV common AID agreement

April 3, 2014

First Data and MasterCard have announced an agreement under which the First Data Star Network will employ MasterCard's common U.S. debit EMV solution.

ATMIA launches US Underbanked Forum

April 3, 2014

The ATM Industry Association has created a new U.S. Underbanked Forum whose goal is to foster the development and deployment of ATM solutions that respond to…

Survey: Bankers say nearly half of customer accounts have been compromised

April 3, 2014

A recent survey of bank executives by ACI Worldwide offers an indication of the scale of card fraud in the U.S. — and the steps that FIs are taking in response.

Albuquerque no longer 'Imbibe'-ing in Bitcoin ATM

April 3, 2014

With much media fanfare, the "first Bitcoin ATM in the U.S." went live Feb. 18, in Albuquerque, N.M., at the Imbibe cigar bar. Without a word, it went away…

Diebold to help Russian FI integrate acquired ATMs

April 3, 2014

Recently, Moscow-based Alfa-Bank acquired assets of Master Bank, a mid-sized Moscow bank, including its ATMs. Now the FI is in the process of incorporating…

Texas bank to go 24/7 with video teller service

April 3, 2014

Two of the markets served by FirstCapital Bank of Texas are heavily vested in the energy and health care industries — both reliant on round-the-clock shift…

Jordanian FI updates payment processing, reaps benefits

April 3, 2014

In 2012, Jordan Kuwait Bank decided to replace its legacy payments solution to advance its ambitious growth plans — including the eventual expansion of its ATM…

Philippines central bank pushes for ATM network merger

April 3, 2014

The Bangko Sentral ng Pilipinas, the Philippines apex bank, is strongly encouraging the country's three major ATM networks to consider becoming one. Greater…

EMV Migration Forum expects major increase in US chip adoption within a year

April 3, 2014

U.S. EMV chip adoption is poised for exponential growth in the next year resulting from an estimated 17–20 million EMV chip cards and millions of EMV-capable…

ATM Networks at risk of cyber attack, FFIEC warns

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Council warns of malware that eliminates ATM withdrawal limits systemwide, enabling massive cash-out fraud.

PCI compliance for acquiring financial institutions

by Kevin Christensen — Vice President, Audit, SHAZAM

In my last post, I took a look at the question, "Does our financial institution need to be PCI compliant?" While the short answer is yes, the long answer is…