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Central and Eastern Europe News & Media

EAST reports first 'jackpotting' incidents in latest ATM fraud update

July 8, 2014

Four countries reported ATM malware incidents related to cash-out or 'jackpotting' — an alarming fraud variant that's new to Western Europe.

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Euronet to add 700 new Diebold units

June 27, 2014

Diebold Inc. will provide Opteva cash-recycling units to the IAD's extensive European fleet, which currently totals more than 18,000 ATMs.

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'Luuuk' bank fraud nets $680K in one week via ATM cash-out

June 25, 2014

As EMV makes card skimming less profitable in Europe, criminals are finding new ways to access accounts. But they're still cashing out their stolen proceeds at…

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Visa digs in its heels against Russian demands

June 19, 2014

Will the largest network in Russia tell Putin's Duma what they can do with their new payments system rules, or will Putin back down in the face of losing…

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Company combats ATM gas attacks with GP-X security solution

June 13, 2014

Last week at European ATMs 2014, the U.K.'s Safe & Vault Co. unveiled its answer to the growing threat.

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Cash: Reassuringly popular!

by Ron Delnevo — Chairman, Cash and Card World

Cash is the "good news" payment method.

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How do Brits love their in-store ATMs? New study counts the ways

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Merchants love them, too: A good deal of the cash from their in-store ATM comes right back to them.

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EAST inaugurates expert group on ATM physical attacks

May 28, 2014

The European ATM Security Team has launched its new Expert Group on ATM Physical Attacks. The group will focus on regional and global trends, methodologies and…

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Is the US ATM industry making too big a fuss about EMV?

A UK commentator says it's time for the US to get with the program and get on with EMV migration.

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Visa, MasterCard mull costs of making nice with Russia

May 27, 2014

A six-week deadline looms for two payments giants. They have until July 1 to decide whether to: a) accede to a new Russian law that would cost them hundreds of…

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Turkish bank deploys cash-recycling ATMs to serve small business customers

May 26, 2014

Finansbank, the fifth largest private bank in Turkey, caters to small businesses at its 673 branches across the region. So when it came to refreshing its fleet…

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Europol operation crushes Bulgarian ATM skimming network

May 26, 2014

Bulgarian and French authorities this week brought down a “significant” Bulgarian organized crime network suspected of electronic payment and document fraud…

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Cash at their fingertips: Poland gets biometric ATM shared network

May 16, 2014

Poland can boast the first biometric ATM shared network in Europe — Planet Cash. ITCard S.A., a provider of banking services in Poland, currently has 50…

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MoneyGram initiates ‘Cash to ATM’ in Bulgaria

May 15, 2014

Money transfer service MoneyGram and Bulgaria's DSK Bank have teamed up to introduce a "Cash to ATM" service that lets the bank's debit cardholders receive…

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NCR to help Swedbank apply multi­channel strategy across Baltics

May 15, 2014

Stockholm-based Swedbank and NCR Corp. are extending their 20-­year relationship as the two team up to extend the FI’s multichannel banking strategy across…

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EMV drives down skimming in Europe, but drives up ATM physical attacks

April 10, 2014

If criminals can't get at ATM cash one way, they'll generally come up with another way. Which raises the question: following migration to chip cards, will the…

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Euronet doubles Romanian ATM fleet through acquisition

April 8, 2014

Romanian bank Banca Comerciala Carpatica has agreed to sell its fleet of 200 ATMs to Euronet Services SRL, a subsidiary of Euronet Worldwide Inc. BCC also has…

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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…

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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…

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EAST 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…

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