Europol busts international cross border skimming operation

by Lachlan Gunn — Director, BenAlpin Ltd

Europol has led a successful operation that resulted in the arrest of a card skimming gang suspected of stealing more than EUR50 million from banks and…

Jack Henry offering EMV cards to credit union customers

July 13, 2011

The Payment Processing Solutions (PPS) division of Jack Henry & Associates has announced it will begin offering chip-and-signature debit and credit cards…

Europol busts cross-continental card skimming ring, warns of magnetic strip vulnerability

July 13, 2011

Finextra is reporting that European and U.S. law enforcement agencies have busted a cross-continental card skimming gang suspected of stealing more than EUR5…

Apriva partners with Open Solutions to offer EMV-compliant contactless vending acceptance

July 12, 2011

Apriva, a provider of end-to-end wireless transaction and secure information solutions, has announced a strategic initiative with Open Solutions, a provider…

Nigerian bank announces EMV platform integration

June 22, 2011

According to Vanguard, Oceanic Bank in Nigeria has announced that its ATMs now accept the EMV chip-and-PIN platform.

U.S. Bank will rollout EMV chip cards to 20,000 cardholders this month

June 21, 2011

U.S. Bank is rolling out EMV chip cards to 20,000 FlexPerks Travel Rewards Visa cardholders this month, and to other Travel Rewards cardholders later in the…

Designers see the future of ATM security

by Ian Kerr — CEO, Level Four

It’s interesting to see a fresh perspective on bank security trends. St Martin’s College of Art in London has created an ATM crime exhibition and it features…

Fraud migrates away from Europe, as ATM EMV rollout nears completion

by Lachlan Gunn — Director, BenAlpin Ltd

EAST has just released a chart showing the impact on ATM related skimming losses of the rollout of EMV (Chip and PIN) at European ATMs.

Chase Card Services expands EMV chip technology offering

June 19, 2011

Chase Card Services has announced that EMV chip technology is now available on a second credit card in the company’s portfolio, the J.P. Morgan Select Visa…

Is it all over for magstripe cards?

by Ian Kerr — CEO, Level Four

If a cardholder from the SEPA region travels to another part of the world and cannot pay because their Chip-only card doesn’t work in the magstripe-only ATM…

Optimizing transaction environments in the aftermath of the Durbin Amendment

by Marc Borbas — VP, Marketing, INETCO

Expanding transaction routing from two networks to multiple networks adds a whole new level of infrastructure and monitoring complexity for bank issuers…

Cryptera introduces outdoor payment terminal

April 27, 2011

Cryptera, a provider of secure payment solutions, has announced the launch of an outdoor payment terminal that is focused on providing a more cost-effective…

Canadian police put the handcuffs on ATM-skimming gang

Police seized ATM overlays, which are devices placed over the machines in order to capture legitimate cardholders' payment card data and personal…

Contactless ATMs may have sounded the death knell for skimming

La Caixa is eliminating fraud through deployment of contactless ATMs. Using technology developed by Fujitsu, cardholders wave their cards at the ATM’s card…

Stopping fraudsters in their tracks – Europe making headway against card skimming

by Ian Kerr — CEO, Level Four

Wells Fargo announced late last week that it would be the first US bank to conduct a pilot to issue chip cards to its frequent traveller customers.

Is the U.S. market tipping towards EMV?

by Lachlan Gunn — Director, BenAlpin Ltd

Two major US Banks, JP Morgan Chase and Wells Fargo, are to pilot EMV cards with a select group of cardholders

Half of a Canadian ISO's ATMs are EMV compliant

January 19, 2011

The president of Can-Do-Cash Ltd., a Canada-based ATM ISO, today said more than 50 percent of the company’s ATMs are EMV (Europay MasterCard Visa) compliant.…

Central Bank of Oman is live with a central ATM switch

January 5, 2011

The Central Bank of Oman announced that it has gone live with a common ATM and point-of-sale switch that operates on ACI Worldwide Inc.'s BASE 24-eps online…

Wincor Nixdorf and IBM to target Canada's retail banks

December 7, 2010

Wincor Nixdorf AG and IBM Corp. have announced that they will establish a joint competency center in Toronto to serve Canada's retail banks, which are the…

Is the USA any closer to adopting EMV?

by Dominic Hirsch — manager, Retail Banking Research

Reviewing the latest ATM crime statistics from the European ATM Security Team (EAST), one statistic stood out – international losses due to card skimming were…