News
International ATM skimming bust nets 13 alleged thieves in Chicago
March 26, 2014
The FBI on Tuesday arrested 13 individuals in Chicago on allegations that they participated in an international ATM skimming and money laundering operation…
read nowUS Bank e-payment kiosk lets businesses collect funds on the spot
March 26, 2014
A new e-payments kiosk service from U.S. Bank Global Treasury Management allows utilities, government entities, nonprofits and other businesses to collect…
read nowFlorida's No. 1 CU makes the move to ATM cash recycling
March 26, 2014
Expanding on a partnership that brought deposit automation to Suncoast Credit Union ATMs in 2005, the FI is now adding full cash recycling capacity with Opteva…
read nowIRS rules virtual currencies are property
March 26, 2014
The Internal Revenue Service Tuesday issued a notice that virtual currency is treated as property for U.S. federal tax purposes.
read nowEAST releases crime stats for European ATMs
March 25, 2014
The European ATM Security Team has published its first European Fraud Update for 2014. The update includes country crime data provided by representatives of 1…
read nowResearch: Strong growth continues in China's e-payments market
March 25, 2014
When the Chinese electronic payment market truly opens to international competition, international payment players are likely to find a relatively mature…
read nowNY legislator intros bill to mandate chip cards - but not readers
March 25, 2014
New York State Senator Martin J. Golden held a press conference last Friday to announce legislation he is sponsoring that would require card issuers to provide…
read nowECB says virtual currencies can't be ignored
March 25, 2014
Virtual currency schemes should not be ignored or dismissed as they continue to become more popular worldwide, a member of the European Central Bank's…
read nowVirtual currency exchange Vircurex suspends withdrawals
March 24, 2014
Beijing-based virtual currency exchange Vircurex suspended withdrawals Monday as it claimed it did not have the necessary reserves to fulfill customer…
read nowAppeals court upholds Federal Reserve's 21-cent debit card swipe fee cap
March 21, 2014
A federal appeals court has today handed down a ruling in a back-and-forth drama that grew out of the 2010 Dodd-Frank Consumer Protection and Wall Street…
read nowLiberty Teller launches second Boston Bitcoin kiosk
March 21, 2014
Following the launch in February 2014 of its first Bitcoin kiosk at Boston's South Station, Liberty Teller has added a second Bitcoin kiosk over the river in…
read nowWheeled rent-a-branch offers Indian FIs an option for fast expansion
March 21, 2014
In India, the rush is on to expand banking services to unbanked rural villages. And one company is looking to cash in by helping FIs to roll out services to…
read nowDiebold FCU pilots card-free, PIN-free ATM
March 21, 2014
The brand-spanking new ATM at the Diebold Federal Credit Union boasts neither an EMV card reader nor an EPP7 keyboard. Such security measures are both…
read now'Mitigate fraud, or else,' CBN says
March 21, 2014
The Central Bank of Nigeria has advised the nation's retail FIs that they must implement measures to mitigate a rising tide of ATM fraud or face sanctions.
read nowFIS expands security service portfolio through acquisitions
March 21, 2014
Banking and payments technology provider FIS has acquired ICS Risk Advisors and Memento Inc., two firms in the risk, fraud and compliance market. In a news…
read nowMt. Gox finds 200K missing bitcoins
March 21, 2014
Mt. Gox, the Tokyo-based Bitcoin exchange that filed for bankruptcy last month, has found some 200,000 bitcoins worth about $114 million in an old digital…
read nowAustralian consumers expect widespread mobile wallets by 2021
March 21, 2014
Australian consumers expect to ditch their physical wallet in favor of a mobile one by 2021 as the popularity of contactless card and smartphone payments…
read nowThieves tunnel to Tesco ATM, take $100K in cash
March 20, 2014
It's a dirty job for a crook, but some might consider it a good few months' work, given a haul of some 60,000 pounds ($99,031).
read nowSeven Bank nets fourfold increase in Tokyo subway ATM installations
March 20, 2014
Installations are underway in a planned deployment that will increase the number of Seven Bank ATMs in Tokyo subway stations from 18 to 72. All machines are to…
read now'Insiders Guide' delivers in-depth detail on PCI DSS 3.0 updates
March 20, 2014
The PCI Security Standards Council has announced a new online training resource, "An Insider's Guide to PCI DSS 3.0." The guide focuses on the intent…
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