VIDEO: Ram raids to card fraud, ATM experts talk about security initiatives

by Tracy Kitten — Editor, AMC

September 30, 2008

Industry executives, solution deployers and law enforcement met in Houston last month during the ATM Industry Association's Payments Fraud in the Americas…

Acal ATM Parts unveils anti-skimming device

September 29, 2008

SURREY, England — ATM Parts Co. Ltd., a division of Acal's Parts Services group, has launched a second-generation antiskimming device designed to curb ATM-card…

Smart Card Alliance contactless council expands to include mobile payments

September 29, 2008

PRINCETON JUNCTION, N.J. — Recognizing the growing excitement around using mobile phones to pay for goods and services, the Smart Card…

Bank lifts ATM-withdrawal limits in response to UAE fraud

September 24, 2008

The (United Arab Emirates) National: A bank has begun lifting emergency limits it placed on customer account withdrawals after a wave of ATM fraud in the UAE.

Data breaches and the ATM industry

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Fair Isaac's John Buzzard shares thoughts about ATM skimming.

Officials in Nigeria consider tighter laws to stop ATM fraud

September 22, 2008

The (Nigerian) Business Day: With the increase in fraud committed at ATMs, the Nigerian Senate is now considering a law to stop fraud and other…

NetSpend sues company it created

September 17, 2008

Austin (Texas) Business Journal: NetSpend Corp. last month filed a lawsuit against MPower Labs Inc., alleging the competitor took confidential information…

ATM restrictions at Aussie gambling halls cost banks big bucks

September 11, 2008

Australian Broadcasting Corp.: The Australian Bankers Association says plans to limit ATM withdrawals in gambling venues to AUS $100 a day will cost hundreds…

BREAKING: Diebold buyout proposal might be dead

September 11, 2008

BusinessWeek: The chairman and ex-chief executive of United Technologies Corp. said Thursday the industrial conglomerate's takeover of ATM manufacturer Diebold…

UAE banks telling cardholders to change PINs

September 10, 2008

Khaleej Times (Dubai, United Arab Emirates): Banks in the UAE, grappling with a recent wave of ATM frauds from outside the country, reiterated their calls for…

China upholds five-year jail sentence for ATM fraudster

September 8, 2008

ChinaView.cn: China's Supreme People's Court upheld a five-year jail term meted out by a local court in southern Guangdong Province to a young man who…

BREAKING: Tranax sold to Korea-based ATM, components manufacturer Eltna

September 7, 2008

NEWARK, Calif. — Tranax Technologies Inc. has announced its sale to Eltna, a Korean holding corporation.   According to a news release, Eltna holds companies…

Man loses $107,000 after card compromise

September 4, 2008

The (San Jose, Calif.) Mercury News: A Foster City resident came back from vacation this week to find someone had used his debit card 72 times at various…

Canadian police bust four in $2 million card scam

September 4, 2008

The Canadian Press: Calgary police have charged four men with defrauding a local business of nearly CAN $2 million by breaking into its database. Police say…

Court dismisses class-action suit against Diebold

September 2, 2008

NORTH CANTON, Ohio — The 2005 lawsuit filed against Diebold Inc. by five shareholders has been dismissed.   According to a news release, the cases, which also…

ATM SCAM: Thieves stuff more than $214,000 down their pants

September 1, 2008

Finextra: Two former bank workers at an Abbey branch in London managed to steal more than £120,000 (U.S. $214,000) from bank ATMs by stuffing wads of notes…

POLICE: Man who said he was robbed at ATM wasn't

August 28, 2008

Statesboro (Ga.) Herald: A man who reported being robbed at gunpoint Aug. 17 at a bank ATM lied, police say. Randall B. Walker Jr., 23, fabricated a story…

Execs unveil patented debit, credit, ATM security service

August 27, 2008

MIAMI — Ivan Ochoa and Daniel Davila, executive members of newly created Charge Notification Services Corp., are launching a proprietary and patented credit…

Metavante to add Actimize solutions to fraud prevention arsenal

August 27, 2008

MILWAUKEE — Metavante Corp. has announced that its enterprise-wide fraud monitoring and reporting efforts will now be supported by solutions from Actimize, a…

INDICTED: Man accused of 43 safe, ATM burglaries

August 27, 2008

(Louisville, Ky.) WLKY-TV, Channel 32: A Jefferson County, Ky., grand jury has indicted a man on dozens of counts of burglary for stealing ATMs and safes from…