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Regulation / Legislation News & Media

ATM cameras furnish leads, but don't stop crimes

March 12, 2008

The News & Observer:  A wide variety of technology is used in ATM surveillance, an industry executive said Monday. Traditionally, cameras are activated by…

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Security system matches card purchase to cell phone location

March 12, 2008

ePaynews: Secure Identity Systems (SIS) is planning to offer U.S card issuers cell phone location technology as an extra tool to combat ATM and POS fraud.

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Pay By Touch auctions off ATM Direct, BioPay Paycheck Secure

March 10, 2008

Digital Transactions: Bankrupt Solidus Networks Inc. has sold two of the three major subsidiaries, and next in line is Solidus' core biometrics-payment…

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Vegas poker spree leads to arrests in ATM scam

March 5, 2008

The (Glasgow, Scotland) Daily Record: Two poker aces who stole £150,000 (U.S. $301,000) from ATMs to fund a Las Vegas gambling spree have been busted and are…

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ATM fraudster busted in Arizona, 200 cards, $176,690 recovered

March 3, 2008

The Arizona Daily Star: The arrest of an Arizona man caught using an ATM in downtown Tuscon has led to the recovery of more than 200 cards and $176,690 in…

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Diebold announces delay in 2007 annual-report filing

March 3, 2008

NORTH CANTON, Ohio — Diebold Inc. announced on Tuesday that it will not be able to meet the Securities and Exchange Commission's deadline for filing its 200…

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Florida ATM ISO files for bankruptcy

March 2, 2008

The (Raleigh, N.C.) News & Observer: ATM Financial Services, a Garner company accused of fraud, has filed for bankruptcy. The announcement came last month…

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Tranax says former biz partner Nautilus Hyosung has filed appeal in patent dispute

February 27, 2008

NEWARK, Calif. — After announcing earlier this month that former business partner, Korea-based Nautilus Hyosung Inc., had received a final ruling from the…

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Indian banks set conditions for free inter-bank ATM usage

February 19, 2008

The Economic Times: Banks have made counter demands from the Reserve Bank of India (RBI) in respect to its proposal to offer free ATM access. These include…

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India rules banks can't be compelled to disclose ATM operational details

February 19, 2008

SiliconIndia: Commercial banks cannot be compelled under the Right to Information (RTI) Act to divulge the operational details of their ATMs, the Central…

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Reserve Bank of India says inter-bank ATM usage should be free

February 18, 2008

Rediff India Abroad: The Reserve Bank of India has issued a ruling that Indian banks cannot charge fees for non-customers who use their ATMs. The ruling, which…

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State senate kills bill that would have banned ATMs at video slot parlors

February 14, 2008

Charleston Daily Mail: A N.C. state Senate committee has killed a bill that would have banned neighborhood video slot parlors from having on-site ATM machines.

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Diebold announces dividend increase

February 12, 2008

NORTH CANTON, Ohio — Just a week after announcing plans to cut some 800 jobs from its global workforce, Diebold Inc. says it has declared a first-quarter cash…

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Wash. woman deposits meth at ATM

February 11, 2008

The Associated Press: A woman in Bremerton, Wash., accidentally deposited her methamphetamine stash when she visited a Kitsap Credit Union ATM to make a…

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ISO allegedly tried to take control of 1,200 ATMs

February 7, 2008

The News & Observer: An outraged business partner has accused a North Carolina businessman of an elaborate scam to gain control of more than 1,200 ATMs in…

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Study finds London is worst city in UK for card fraud

February 5, 2008

BBC News: London is the UK's hotspot for credit and debit card fraud, figures have shown. About 28 percent of people who live in the city have now suffered…

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Korean government invalidates two of Nautilus Hyosung's patents

February 4, 2008

NEWARK, Calif. — Tranax Technologies Inc., a developer of ATMs and self-service terminals, announced in a release that the Intellectual Property Tribunal of…

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TD AMERITRADE purchases Fiserv's Investment Support Services business

February 4, 2008

OMAHA, Neb. and BROOKFIELD, Wis. — TD AMERITRADE Holding Corp. and Fiserv Inc. announced today in a release that TD AMERITRADE has completed its purchase of…

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Guaranty Bank signs long-term deal with PULSE

February 4, 2008

Centre Daily Times: Guaranty Bank, a $2 billion financial institution based in Brown Deer, Wis., has extended its participation in the PULSE ATM/debit network…

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United Arab Emirates identity card to replace ATM cards

February 4, 2008

Khaleej Times Online: The identity card issued by the Emirates Identity Authority will eventually replace driving licenses, as well as labor, residency, health…

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