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Regulation / Legislation News & Media

Biometrics at ATMs shows promise in Asia

February 7, 2007

BusinessWeek.com: Japanese banks have turned to devices that read fingers and palms for sizable ATM cash withdrawals. But will U.S. banks follow their lead?

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Canadian politician calls for end to ATM fees

January 25, 2007

CTVglobalmedia: Charging consumers for using foreign ATMs should be outlawed in Canada, says New Democrat Leader Jack Layton. He said the $19 billion profits…

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Four sentenced in Sydney for ATM scam

January 18, 2007

ABC News: Four men in Sydney, Australia, have been sentenced for their roles in an ATM skimming scam that reportedly defrauded banks of thousands of dollars.

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ATM-scam case in Florida could take months to solve

January 18, 2007

Daytona Beach News-Journal: It could take months to track down the thieves who made more than a thousand illegal debit-card transactions that resulted in the…

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B of A, Wells Fargo put $80,000 up for ATM nabbers

January 9, 2007

Finextra: Bank of America and Wells Fargo are offering a combined $80,000 reward for information that leads to the arrest and conviction of thieves who stole…

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ATM bombings suspects go to court

January 9, 2007

SABC News: Four people - two men and two women - were arrested for their alleged connection in South Africa's spate of ATM bombings. The suspects were found…

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Money laundering impacts ATM industry

by Valerie Killifer — senior editor, NetWorld Alliance

Federal regulations target ISO-owned ATMs, independent deployers argue. 

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Illinois offers debit for unemployment benefits

December 27, 2006

The (Springfield, Ill.) State Journal-Register: Unemployment recipients in Indiana will be required to use a debit-card system for benefits by the end of…

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Three men sentenced for ATM scam in Singapore

December 26, 2006

Monsters and Critics: Three young Britons have each been sentenced in Singapore for using counterfeit debit/ATM cards to steal Singapore $4,212 (U.S. $2,717…

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Rio police accused of stealing ATMs

December 26, 2006

Reuters: Brazilian police arrested five of their fellow officers Dec. 22 for allegedly stealing ATMs across Rio de Janeiro. Three police captains, a sergeant…

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ATM scam targets Florida residents

December 19, 2006

CFnews13: An ATM/debit card scam is reportedly making its way across Volusia County, Fla. More than 40 people have reported money was stolen from their bank…

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ATM technician steals nearly $300,000

December 19, 2006

Altoona (Pa.) Mirror: Former ATM technician Randal Scott Replogle, 40, is charged with stealing more than $281,000 from ATMs between October 2005 and August…

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FTC complaint filed against Fidelity ATM for alleged business scam

by Tracy Kitten — Editor, AMC

December 19, 2006

WASHINGTON - Delray Beach, Fla.-based Fidelity ATM Inc., also d.b.a. Fidelity Bank Card, has been implicated in a Federal Trade Commission investigation. The…

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California court denies motion to dismiss ATM interchange case

December 17, 2006

The Antitrust Monitor: A judge in the U.S. District Court for the Northern District of California has issued an interesting decision in a class action suit…

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U.K. police arrest suspected ATM thieves

December 12, 2006

(England) Daily Record: Police searching for a gang suspected of a string of ATM smash-and-grabs say on Dec. 12 they arrested eight of the gang members. The…

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Illinois politician wants to reduce ATM fees

December 11, 2006

Associated Press: Illinois lieutenant governor Pat Quinn says he wants to introduce legislation that will put an end to banks' "double dipping," the act of…

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ATM software glitch leads to $14,000 scam

December 7, 2006

The (New Orleans) Times-Picayune: A woman with $600 in her credit-union account took advantage of a software glitch that allowed her to steal more than…

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B of A ATMs compromised

December 5, 2006

Gothamist.com: Bank of America ATMs in New York have been targeted by a man accused of jamming ATM card readers in an attempt to withdraw funds from…

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IBM, NCR, Hitachi named in China bribe case

December 3, 2006

(Shanghai) International Herlad Tribune:  IBM Corp., NCR Corp. and Hitachi have been named in a verdict that sentenced the former head of China Construction…

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Cleaning crewman charged with cleaning out ATM

November 29, 2006

The (Vineland, N.J.) Daily Journal: A contracted cleaner for a New Jersey Susquehanna Bank has been charged with stealing $53,000 from an ATM inside the…

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