Strategies for securing ATMs

Encryption protocols and remote key management are just two of the tools that help prevent ATM security breaches.

For ATM thief, a very poor rate of return

November 21, 2013

The Boise, Idaho, crook who managed to steal an ATM — lock, stock and barrel — from the Like Nu Car Wash must have thought he'd really pulled off the Big Haul.

Even criminals don't trust Bitcoin

November 21, 2013

In a hearing this week, the U.S. Senate offered to help out federal agencies with new regulations addressing the use and exchange of virtual currencies such as…

Secure ATMs or shut them down, Indian state tells banks

November 21, 2013

Following a horrifying machete attack on a woman at an ATM in the Indian city of Bangalore in Karnataka state, the government has issued a warning to banks…

EAST reports a new skimming threat - fake ATMs

November 21, 2013

The European ATM Security Team has published its third European Fraud Update for 2013. In a new development, one EAST national member has reported the use of…

Yolanda survivors to get ATM access beginning Tuesday

November 18, 2013

According to a report from Inquirer News, survivors of Supertyphoon Yolanda will finally get access to much-needed cash after four ATMs are installed and…

Datacard Group, Barnes International partner on smart card verification

November 18, 2013

Datacard Group, a provider of secure ID and card personalization solutions, and Barnes International, provider in the development and supply of chip card…

Aussie ATM attack a fiery fail

November 15, 2013

"Play those games, win those prizes," Mom always said. In a case of highly questionable judgment, three Australian men attempted to rob an ATM by filling it…

Microsoft warns Indian banks of pending ATM vulnerability

November 14, 2013

A study conducted by Ascentius Consulting on behalf of Microsoft revealed that some 34,115 Indian public sector bank branches will be at risk when support ends…

Study examines prepaid card fraud and risk controls in the US

November 14, 2013

New research from Mercator Advisory Group examines fraud risk and best practice for fraud prevention in prepaid card programs. The report, "Prepaid Card Fraud…

Want to control your ATM card use? There's an app for that

November 14, 2013

In financial services, the consumer's No.1 expectation is to be in control. Particularly, consumers want to know that they can get to their money any time they…

BofA anticipates biometric ID with ATM security patent application

November 13, 2013

Bank of America has applied for an ATM patent (U.S. Patent Application No. 20130264384) that would connect the ATM to external authentication capabilities such…

FIME ready to test D-PAS contactless chip cards

November 12, 2013

Secure-chip testing provider FIME has established testing infrastructure and conducted laboratory test services for the Discover contactless D-Payment…

PIN wins in consumers' expected mobile wallet experience

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

A recent study by Phoenix Marketing International highlights a disconnect between consumers' awareness of mobile wallets and their use of this emerging payment…

EMVCo qualifies Collis CPA/CCD level 2 test suites

November 11, 2013

EMVCo has certified the latest versions of the Collis CPA/CCD Level 2 Test Suites for the testing of card products. The tools are part of the UL EMVCo test…

Revised PCI regs to go live on Jan. 1, 2014

November 11, 2013

The PCI Security Standards Council, an open, global forum for the development of payment card security standards, has published version 3.0 of the PCI Data…

Canada completes polymer banknote conversion

by Brendan Burge

"Canada completes polymer banknote conversion" is much more than a headline about a national banknote series refresh.

For authentication, consumers want simple and secure

by Kevin Christensen — Vice President, Audit, SHAZAM

Our lives are increasingly digital, which makes accessing our personal information and accounts a daily activity. Resultantly, authentication has taken on a…

New mobile technology helps reduce ATM fraud risk

November 6, 2013

A new service for debit card and credit card issuers aims to improve the safety of payment card transactions through proximity correlation, comparing the…

What’s your FI’s fraud prevention philosophy?

by Kevin Christensen — Vice President, Audit, SHAZAM

As with any great debate, you'll find advocates on both sides of the mobile banking fraud question.