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News

New resource helps FIs assess, address cyberthreat readiness

July 1, 2015

The FFIEC says that financial institutions of all sizes can use the Cybersecurity Assessment Tool to inform their risk management planning.

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Sources: NCR sale looking less certain

July 1, 2015

The company has reportedly extended its deadline for binding bids from July 8 to July 26, but interest among potential buyers seems to be waning.

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UK FI turns to Authentic solution for improved payment operations

July 1, 2015

The Alaric platform supports triple-DES connectivity, an upgrade to the Link Information Security Standard, and improved device functionality, parent company…

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Government-decreed bank closure results in run on Greek ATMs

June 30, 2015

After their government ordered the closure of troubled banks and limited ATM cash withdrawals to 60 euros, panicked Greek citizens mobbed the nation's ATMs.

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ATM security still deficient, Indian officials say

June 30, 2015

A year-and-a-half after a woman getting cash was nearly hacked to death by an assailant with a machete, FIs still aren't providing adequate security at ATMs…

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Study: Banks will buy into biometrics by 2020

June 30, 2015

The use of bio ID for ATM access will increase in regions where it is now deployed and will take root in places where the PIN is dominant today, a new report…

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UK to get its first branchless bank

June 30, 2015

Atom Bank will not have its own ATMs, but said it will provide access to cash through ATM networks in the U.K. and Europe.

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UL EMV personalization validation tool debuts new branding

June 30, 2015

The tool assists in testing EMV payment products according to mandatory card personalization regulations from the major payment associations.

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Aussie Senate to investigate 'infuriating' ATM fees

June 30, 2015

Members of Australia's Labor and Greens parties called for banks to justify the 'pure profit' they make by charging off-us fees.

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American Express qualifies ICC ExpressPay test suite

June 29, 2015

The test tool will allow acquirers to perform AmEx accreditation for acceptance of ExpressPay contactless EMV chip cards.

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NCR: Deal or no deal?

June 26, 2015

A new report in the ongoing NCR sale saga has the company's rumored bidders balking at its rumored asking price of $10 billion.

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ATM cash-outs drive up cross-border fraud on UK debit cards

June 26, 2015

Though the US ranks third in total cross-border transactions on UK cards, it ranks first in fraudulent cross-border transactions on those cards, FICO says.

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A new twist on ATM eavesdropping attacks in UAE

June 26, 2015

The new technique, which is specific to NCR Personas ATMs, leaves no visible trace of tampering on the exterior of the ATM.

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Half of Internet users feel safer banking at branch than online

June 26, 2015

If they're among the 20 percent of users who do nothing to protect their financial data online, they're probably right.

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FIS opens Center for Regulatory Intelligence in DC

June 26, 2015

​The center will provide insight on regulatory changes in order to help financial services clients stay compliant with new regulations, the company says.

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ATMIA accepting speaker proposals for 2016 conference

June 24, 2015

The ATM Industry Association has selected the theme, "Connecting consumers and their money to the ATM," for the Feb. 23–25 event in New Orleans.

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Study: Most smart card holders clueless about EMV

June 24, 2015

A new study by Javelin reveals that EMV card distribution does not necessarily equate to EMV cardholder awareness.

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Walmart, Green Dot good to go for 5 more years

June 23, 2015

Green Dot Corp. and Green Dot Bank will continue to serve as issuer and program manager for Walmart MoneyCard reloadable debit card products.

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Co-op ATM signage program gets a makeover

June 23, 2015

The revamped program now offers surrounds, as well as signage and toppers, to Co-op ATM network participants.

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FBI issues ransomware warning, offers tips for prevention

June 23, 2015

The FBI's Internet Crime Complaint Center says that ransomware continues to spread, posing a threat to individuals and businesses alike.

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