Regulation / Legislation News & Media
EU expected to rule MasterCard interchange illegal
December 17, 2007
CNN Money: The European Commission is set to rule this week that MasterCard Worldwide's interchange-fee network is illegal. The commission is expected to…
read nowTwo arrested in Ireland over widespread high-tech ATM fraud
December 17, 2007
(DUBLIN, Ireland) RTE News: Two people have been arrested in Ireland for their suspected involvement with widespread ATM fraud. The two were arrested for…
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SEPA: Will the promise be realized?
by Tracy Kitten — Editor, AMC
Euro-using countries not likely to hit single payments anytime soon.
read nowBrinks guard arrested for stealing $33K from B of A ATMs
October 28, 2007
Orlando Sentinel: Wednesdays became big pay days for a Brinks guard who started stealing ATM deposits last summer, according to the Orange County Sheriff's…
read nowN.Y. banks fall behind on ATM security
October 14, 2007
The Buffalo News: Increased attacks of users at ATMs 11 years ago prompted a state law in New York that mandates certain security measures at bank-owned ATMs.
read nowJersey cop caught in ATM-related scam
October 14, 2007
The Press of Atlantic City (N.J.): Mount Laurel, N.J., police officer Scott S. Kueny was found guilty of fraudulent use of a credit card and official…
read nowATM tech gets time behind bars in Conn.
October 7, 2007
(New York) Newsday: A 46-year-old Wethersfield, Conn., man has been sentenced to 18 months in federal prison for stealing nearly $144,000 from ATMs and trying…
read nowCongress considers move to require consumer alerts, updates at ATM
September 30, 2007
The Kansas City Star: Should banks warn consumers of potential overdrafts when they use an ATM or debit card? Congress is considering a bill that would…
read nowPolice in South Africa say ATM bombings are taking a hit
September 27, 2007
(South Africa) Independent Online: Despite reports of continued attacks on ATMs in South Africa, authorities say they are winning the war against ATM…
read nowMortgage defaults lead to NetBank shut down
September 27, 2007
CNNMoney.com: The government has shut down NetBank, the online bank with $2.5 billion in assets and the parent of the former ATM independent sales…
read nowAussie official says no to ATMs in gambling facilities
September 23, 2007
Gambling News Review: The Treasurer of the Commonwealth of Australia is urging the state to get rid of all ATMs near and in gambling facilities, adding that…
read nowATMs offer easy tool for cleaning dirty cash, officials say
September 23, 2007
The Wall Street Journal: On March 15, 2006, Luis Saavedra and Carlos Roca began going from bank to bank in Queens, N.Y., depositing cash into accounts held by…
read nowToo much info about ATM attacks on the Web?
August 29, 2007
Brisbane Times: Members of a gang planning to blow up ATMs with nitroglycerine bombs "googled" for tips, a court in Sydney, Australia, heard this week. The…
read nowUkrainian man suspected in data hack of 45 million TJX cards
August 28, 2007
MSNBC: A Ukrainian man recently arrested in Turkey is suspected of selling some of the credit- and debit-card numbers stolen in the TJX data hack of at least…
read nowNACHA approves international ACH amendment
August 23, 2007
HERNDON, Va. - Last week NACHA-The Electronic Payments Association approved an operating-rules amendment requiring all international automated clearing house…
read nowReg E change could boost self-service payments
August 9, 2007
Digital Transactions: Electronic transactions in self-service machines should get a boost from a Federal Reserve System rule change that was expected to take…
read nowCashbox, Hanco ATM hearing adjourned
July 31, 2007
Hemscott Group Ltd.: Thomson Financial reported this week that the court hearing regarding Hanco ATM Systems Ltd.'s application for an interim payment from…
read nowATM scam puts Mich. man behind bars for 21 years
July 25, 2007
The Grand Rapids (Mich.) Press: John Sims says bad business led to the downfall of his ATM leasing company, but Kent County Circuit Judge Mark Trusock…
read nowCashbox to appeal Hanco ATM decision
July 10, 2007
Finextra: Cashbox ATM Systems Ltd. has been granted permission to appeal part of a legal decision that found Cashbox had knowingly received and used…
read nowTRM hires new auditor
June 12, 2007
Portland Business Journal: TRM Corp. has hired a new accounting firm, McGladrey & Pullen LLP. The company's previous accountant, PricewaterhouseCoopers…
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