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Security News & Media

FNB system crash exasperates customers

August 29, 2012

South Africa's First National Bank has been issuing mea culpas following an interruption of electronic services that briefly left customers unable to use their…

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Bank customer complaints on the rise in Indian state

August 29, 2012

Bank customers in the India state of Odisha have lodged an increasing number of complaints about credit cards, debit cards and ATMs.

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Philippines hopes biometric ID will foil fraud at the ATM

August 27, 2012

Pantawid Pamilyang Pilipino Program, a Philippines social welfare program, plans to introduce biometric ID as a means to fight fraud in the distribution of…

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First Financial FCU re-ups with Star Network

August 23, 2012

First Financial Federal Credit Union, a $950 million FI based in Maryland, has opted for a multi-year renewal with the Star Network. Under the agreement, Star…

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ATM attacks, bank robberies take a 50% bump in Brazil

August 23, 2012

In the first half of this year, bank robberies and ATM attacks soared 50 percent, according to a recent study by Brazil's National Confederation of Security…

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Fifth Third launches EMV for commercial cards

August 23, 2012

Fifth Third Bank, a $118 million FI based in Cincinnati, Ohio, has announced the launch of a new EMV-compliant chip card for commercial customers. The new…

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Study: Brits favor cash, aren't keen on contactless

August 20, 2012

The U.K. continues to demonstrate a lack of appetite for contactless technology; only 17 percent of citizens there think a "cashless future" would make their…

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French ATMs fork over €1M to crooks

August 20, 2012

French banks are scrambling to plug a security gap that allowed criminals to steal more than €1 million ($1.24 million) from ATMs using nothing more than a…

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ATMs get blown up down under

August 17, 2012

ATMs in and around Perth in Western Australia have been targeted in a series of bombings over the past few weeks.

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Fiserv claims #1 rating in compliance monitoring, control

August 16, 2012

Financial services technology provider Fiserv Inc. announced that Operational Risk & Regulation magazine has ranked it first in the category of Compliance…

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Understanding security in transaction-based monitoring tools

by Marc Borbas — VP, Marketing, INETCO

I was doing a product demo the other day for a prospective partner when he asked, "You can actually pick up the credit card number in transactions?"

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Close the door, Richard!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

I travel a lot. Not so much by plane these days as by car, SUV and even RV. And this is by choice — I simply have lost patience with the process involved in…

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Vietnam bank introduces fingerprint-enabled debit cards

August 9, 2012

Temenos, a provider of banking software, has announced the launch of Vietnam's first fingerprint-enabled debit card. Mekong Development Bank has implemented…

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Navy Army Community CU selects Fiserv for check imaging solution

August 7, 2012

Fiserv Inc., a provider of financial services technology solutions, announced today that Navy Army Community Credit Union has selected a range of Fiserv check…

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Five-man gang swipes $500k in skimming operation

August 7, 2012

The U.S. Secret Service and 16 police agencies in and around Detroit are searching for five men they believe to be responsible for a skimming operation that…

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Card companies aim for April, 2013 EMV changeover in Australia

August 6, 2012

Visa and MasterCard have announced that by April of 2013, all of their cards issued by Australian banks will be EMV compliant.

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ATMs dole out unlimited cash; cardholders charged with theft

August 3, 2012

Customers who took advantage of a hiccup in the ATM system of Australia's Commonwealth Bank that allowed them to withdraw more money than they had in their…

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New regs give Canadians faster access to deposits

August 3, 2012

New Canadian banking regulations that came into force on Aug. 1, 2012, mean that customers who deposit a check in person with a federally regulated financial…

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SMP certifies PCI DSS consulting services

August 1, 2012

Waltham, Mass.-based Security Management Partners (SMP), an independent information security consulting firm, has announced its certification as a Qualified…

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EMV coalition to support U.S. move to chip-based payments

July 31, 2012

The Smart Card Alliance today announced the formation of an independent, cross-industry organization, the EMV Migration Forum. The forum will support the…

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