How will the ATM industry keep up with escalating fraud?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Execs from Wincor and Diebold explain how a global ATM security association will help make the response to criminal exploits faster and more efficient.

Android L could be used for kiosks, ATMs

July 23, 2014

Google's release of the developer preview for Android L has some speculating about its uses for ATMs and self-service kiosks.

MasterCard qualifies UL personalization validation tool for US EMV card issuers

July 23, 2014

UL has announced the qualification of its Collis EMV Personalization Validation Tool (version 3.9.5) by MasterCard, including the U.S. common debit AID (i.e.…

Shazam adopts MasterCard common debit solution for EMV transactions

July 22, 2014

The Shazam Network has announced that it will make the MasterCard EMV debit solution available to all of its participants. The agreement provides all members…

Governments worldwide continue scrutiny of virtual currencies

by Will Hernandez — Editor, NetWorld Media Group

New York's proposed BitLicense regulatory framework is one of several current initiatives developing around the globe.

Card blocking, consumer alerts are keys to fraud prevention

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Financial organizations are on high alert regarding payments fraud in the wake of recent high profile customer data breaches. Although overall payments fraud…

SafenSoft, AK BARS Bank create Russia's first PCI DSS-compliant ATM network

July 15, 2014

AK BARS Bank and Safensoft have announced the recent completion of PCI DSS recertification at the bank using SafenSoft information security solutions.

Bankers on the frontlines of cyber defense

Today, firewalls, encryption, antivirus software and cloud providers are just as important to a bank’s security as armed guards, security cameras and steel…

Coming our way: A new kind of ATM skimmer

July 10, 2014

In the synopsis of its latest report, the European ATM Security Team referred to a "new mini skimmer" found in Europe for the first time.

Europol takes action against Shylock banking malware

July 10, 2014

The seizure of servers and domains used by the account-emptying Trojan left it substantially disabled, but not quite dead: It still poses a threat to customers…

Payment security data breach trends to receive scrutiny at September summit

July 9, 2014

Massive data breaches have raised questions about how to better protect consumers' personal and payment data. This will be the focus of a general session at…

Diebold, Wincor partner to launch global ATM security association

July 8, 2014

The association will share information to aid in the rapid implementation of countermeasures to ATM security threats. Membership is open to institutional…

EAST reports first 'jackpotting' incidents in latest ATM fraud update

July 8, 2014

Four countries reported ATM malware incidents related to cash-out or 'jackpotting' — an alarming fraud variant that's new to Western Europe.

Study: Card fraud victimizes one in four consumers worldwide

July 8, 2014

According to a fraud study of more than 6,100 consumers across 20 countries, one in four consumers has been the victim of card fraud within the last five…

Banks in Brazil, Russia, Italy are those most often attacked by malware

July 8, 2014

For the reporting period of April 19 to May 19, financial institutions in Brazil, Russia and Italy claimed the dubious honor or being most often attacked by…

First Data betting on PayLucky Solutions

July 7, 2014

Payment technology and services provider First Data has introduced PayLucky Solutions for legalized online and offline gambling and gaming. The offering…

The Walmartization of EMV

by atm Atom — blogger, atmatom

America's largest retailer will bulldoze the remaining barriers to EMV adoption, which might have ramifications at the ATM.

Registration now open for ATM Security 2014

July 3, 2014

The ATM Industry Association has announced that ATM Security 2014 registration is now open with special rates available for early bird reservations. The…

Study: 61 percent of data theft victims subsequently experience fraud

July 1, 2014

The great majority of fraud victims said current data protection requirements are "insufficient" and that government should be doing more.

AT&T piloting location authentication for bankcard transactions

June 27, 2014

AT&T plans to pilot a new service that it says will arm companies with the ability to confirm the location of participating customers who opt in to…