Mount Vernon Money Center's Egan accused of stealing $12 million in ATM scheme

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Company president Bob Egan has been accused by the FBI of using ATM funds to cover losses in other parts of Mount Vernon Money Center's business.

Triton tech accused of stealing $1,000 from ATM

February 3, 2010

Memphis' WREG-TV, Channel 3 reports that an ATM technician employed with Long Beach, Miss.-based Triton Systems of Delaware Inc. has been accused of using his…

Continental Prison Systems in Utah go 'cashless' with financial self-service kiosks

January 14, 2010

Continental Prison Systems Inc., dba EZ Card & Kiosk,is scheduled to install its EZ Technology lineup in the Davis County (Utah) Jail next month.

Fed gives thought, support to mobile check images for payments

January 12, 2010

Digital Transactions reports analysts at the Federal Reserve Bank of Chicago and the head of the rules-setting organization for image exchange are proposing a…

Heartland, Visa reach $60 million settlement

January 10, 2010

Bank Info Security reports that Heartland Payment Systems has agreed to pay Visa-branded credit and debit card issuers up to $60 million, the largest known…

Association says financial reform unfairly affects retailers, does not improve interchange

December 29, 2009

Sweeping financial regulatory reform legislation under consideration in the U.S. House of Representatives would unfairly affect industries with no role in the…

Citigroup denies reports that it fell victim to summer cyber breach

December 28, 2009

The Wall Street Journal reports that Russian hackers may have stolen tens of millions of dollars from Citigroup, despite Citbank's denial of the charges.

Brits say goodbye to checks by 2018

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December 16, 2009

Reuters reports that the U.K. Payments Council has placed a resting date on the kingdom's use of checks, calling an end to a payment method that has been…

ATM ISOs in New Zealand take aim at banks for limited ATM access

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December 3, 2009

Stuff.co.nz reports that independent ATM operators in New Zealand are taking the country's large banks to task for preventing independent ATM deployments.

More hackers busted in $9 million ATM fraud ring

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December 1, 2009

CreditFYI.com reports that federal authorities in Atlanta have added names to the list of indictments affiliated with the ATM-hacking ring that in November…

Romanian fraudster gets 2 years for ATM skimming attacks in NYC

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November 30, 2009

Infosecurity.com reports that one Romanian fraudster, Tibenu Szebeni, has been sentenced to 27 months in prison after being convicted of ATM skimming. He also…

SoundBite offers opt-in solution to FIs for overdraft services

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November 19, 2009

SoundBite Communications Inc. has announced the introduction of SoundBite's Debit Card Overdraft Opt-In solution, part of its Proactive Marketing Solutions…

Fed ban on automatic ATM, debit overdraft fees on the way

November 16, 2009

Bloomberg reports that the Federal Reserve will prohibit banks from charging overdraft fees on ATMs and debit cards, unless the bank customer or credit union…

ATM supplier Global Cash will settle with Arizona regulators

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November 11, 2009

The Las Vegas Sun reports that Las Vegas-based Global Cash Access Holdings Inc., which places ATMs at casinos, has agreed to settle a complaint filed by…

Hackers indicted in $9.4 million ATM heist

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November 10, 2009

The Christian Science Monitor reports that three men have been named as being the masterminds behind the hacking of RBS WorldPay, a subsidiary of the Royal…

ATM 'skimming' case may be part of a ring

by Tracy Kitten — Editor, AMC

October 15, 2009

The (Southern California) Daily Breeze reports that a Citibank ATM breach in the Manhattan Beach area may be connected to a crime ring out of Romania. The…

Lawsuit claims Heartland knew its data security was sub-par

by Tracy Kitten — Editor, AMC

October 7, 2009

CU Info Security reports that a new master companion filed in a class-action lawsuit against Heartland Payment Systems claims Heartland CEO Robert Carr told…

FDIC taps Huntington Bank to take over small Michigan FI

by Tracy Kitten — Editor, AMC

October 4, 2009

Business First of Columbus reports that Michigan-based Warren Bank, $400 million in assets, has been taken over by Huntington Bancshares Inc., $51 billion in…

Wells, Chase, B of A cut back on debit overdraft fees

by Tracy Kitten — Editor, AMC

September 24, 2009

The Philadelphia Inquirer reports that pressure from lawmakers pushed three top U.S. banks to cut back on the overdraft fees they collect when their customers…

Pair faces federal charges for $80-million ATM Ponzi scheme

by Tracy Kitten — Editor, AMC

September 22, 2009

Two men have been arrested for defrauding investors of $80 million in a Ponzi scheme that purported investments in ATMs. According to an article posted on…