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News & Media

China upholds five-year jail sentence for ATM fraudster

September 8, 2008

ChinaView.cn: China's Supreme People's Court upheld a five-year jail term meted out by a local court in southern Guangdong Province to a young man who…

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BREAKING: Tranax sold to Korea-based ATM, components manufacturer Eltna

September 7, 2008

NEWARK, Calif. — Tranax Technologies Inc. has announced its sale to Eltna, a Korean holding corporation.   According to a news release, Eltna holds companies…

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Wincor Nixdorf installing ATMs in Finland

September 7, 2008

PADERBORN, Germany — Wincor Nixdorf has been awarded a comprehensive order by Nordea to install and operate 500 transaction terminals in Finland, according to…

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GRG Banking unveils new ATM sales partnership program

September 7, 2008

GHANGZHOU, China — GRG Banking Co. Ltd. has announced a new business-partner program called Falcon.   According to a news release, the program launched Sept.

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Phoenix to drive largest POS network in Pakistan

September 7, 2008

KARACHI, Pakistan — Bank Alfalah, a bank in Pakistan owned by Abu Dhabi Group, has awarded TPS the contract for driving its countrywide point-of-sale network…

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ATMIA, ATM Marketplace announce new ATM industry award

September 4, 2008

SIOUX FALLS, S.D. — The ATM Industry Association has called for nominations and applications for its three industry awards for 2008. At the same time, the…

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Man loses $107,000 after card compromise

September 4, 2008

The (San Jose, Calif.) Mercury News: A Foster City resident came back from vacation this week to find someone had used his debit card 72 times at various…

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Canadian police bust four in $2 million card scam

September 4, 2008

The Canadian Press: Calgary police have charged four men with defrauding a local business of nearly CAN $2 million by breaking into its database. Police say…

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Computer snags cause ATM-card malfunctions

September 3, 2008

The Coloradoan: Computers slowed, phone lines jammed and some ATM/debit cards didn't work Tuesday when Public Service Credit Union switched its former Norlarco…

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U.S. Alliance Group signs ATM deal with Pendum

September 3, 2008

DENVER — Pendum LLC, the nation's largest independent provider of ATM maintenance and armored services, has announced a new business contract with…

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7-Eleven ATMs join Allpoint network

September 3, 2008

Finextra.com: Allpoint Network, America's largest surcharge-free ATM network, has expanded its surcharge-free ATM access by adding ATM locations at more than…

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Ugandan transaction processor signs with Postilion

September 3, 2008

JOHANNESBURG, South Africa — Postilion, a division of S1 Corp., has signed a swithing and processing deal with Uganda-based transaction processor Bankom. …

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Visa unveils mobile-payment services

September 3, 2008

SAN FRANCISCO — Visa has taken the next step toward making mobile commerce a global reality. The card company has launched  four new programs to deliver…

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Smart Processing Solutions unveils ATM-card software

September 2, 2008

TORONTO — Smart Processing Solutions Inc. has announced the launch of SmartIssuerPro, a card-issuing and management software designed to let financial…

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SURVEY: Global ATM market to hit 2.5 million by 2013

September 2, 2008

LONDON — Retail Banking Research Ltd. has published the latest edition of its biennial global ATM survey, "Global ATM Market and Forecasts," which this year…

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ATM fraudsters in U.S. target U.K. retailers

September 2, 2008

I.T. Vibe: After successfully cloning U.S. credit and debit cards (after stealing card details from compromised ATMs), criminals are trying to use them at…

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Court dismisses class-action suit against Diebold

September 2, 2008

NORTH CANTON, Ohio — The 2005 lawsuit filed against Diebold Inc. by five shareholders has been dismissed.   According to a news release, the cases, which also…

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VIDEO: RFID credit cards hacked with $8 reader

September 1, 2008

The Consumerist: With an $8 credit-card reader bought off eBay, BoingBoing TV demonstrates how easy it is to intercept an RFID transmission and steal a…

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VIDEO: Myth Busters says RFID vulnerable to attacks

September 1, 2008

The Consumerist: A Myth Busters episode about the security vulnerabilities of RFID technology was reportedly axed by The Discovery Channel after executives…

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ATM SCAM: Thieves stuff more than $214,000 down their pants

September 1, 2008

Finextra: Two former bank workers at an Abbey branch in London managed to steal more than £120,000 (U.S. $214,000) from bank ATMs by stuffing wads of notes…

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