RBI asks all Indian banks to strengthen debit, credit security measures

September 22, 2011

The Economic Times reports that in order to minimize fraud cases and ensure the security of transactions, the Reserve Bank of India yesterday asked banks to…

NCR, ObjectVideo ink agreement for security video analytics solution

September 21, 2011

NCR Corp. has announced it is launching a new ATM and branch security solution for FIs throughout Europe incorporating ObjectVideo's video analytics software…

Dynamics' Chip and Choice wins Best of Show award at FinovateFall 2011

September 21, 2011

Dynamics Inc., a producer and manufacturer of payment cards, won the Best of Show award at FinovateFall 2011 in New York City with its Chip and Choice…

Seattle region sees uptick in skimming

September 19, 2011

According to a Seattle Times report, ATM skimming is on the increase in the Pacific Northwest. How bad has it gotten? Ask U.S. Attorney Jenny Durkan, the chief…

Fiserv offers personalized EMV cards, announces plans for processing solutions

September 18, 2011

Fiserv Inc. announced on Friday that it will begin personalizing chip payment cards based on the EMV standard.

Philippine central bank links with ATM network operator BancNet

September 18, 2011

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. on Friday signed an agreement with ATM network operator BancNet linking the network with the BSP’s…

Dynamics Inc. to unveil its dual chip technology at Finovate Fall 2011

September 18, 2011

Dynamics Inc., a producer and manufacturer of payment cards, will unveil its Chip and Choice Technology, which features both an embedded and exposed…

Why criminals target ATM and debit cards: It's easy

A technologically sophisticated crime requires a sophisticated response.  

CBN says ATM fraud in Nigeria down 90 percent

September 14, 2011

The Central Bank of Nigeria yesterday announced that the banking sector is on its way to recovery with a 90 percent reduction in ATM fraud leading the upturn.

FBI: ATM skimming, third party payment processor breaches expected to grow

The assistant director of the Cyber Division delivered testimony to the House Financial Services Committee.

Upgrading to a Wireless ATM

Although nearly everyone agrees that wireless connectivity is the wave of the future, all solutions aren’t created equal.

Presented by Triton

Singapore bank experiences glitch that disrupts ATM services for hours

September 13, 2011

According to AsiaOne, customers of OCBC Bank in Singapore were affected by a technical glitch that shut down ATMs and Internet-banking platforms for more than…

EMV deadline for U.S. ATMs...the race is on!

by Lachlan Gunn — Director, BenAlpin Ltd

MasterCard follows Visa with an announcemernt of an EMV deadline for the U.S. market - the difference is that the MasterCard announcement relates to a…

Former NECDS employee admits to stealing $2 million in ATM scam

September 8, 2011

Reuters today reported that a Connecticut man who worked for New England Cash Dispensing Systems Inc. pleaded guilty to conspiracy to commit bank fraud for his…

PCI DSS in Latin America: How to choose middleware

Deployers of multi-vendor POS and ATM devices have a lot to consider for compliance.  

India's ICICI Bank offers EMV cards

September 5, 2011

ICICI Bank, a private sector bank in India, yesterday announced its foray into EMV cards with the launch of the ICICI Bank Coral Credit Card. The card provides…

Webinar to explore payment security and tokenization

September 1, 2011

A webinar entitled "Bridging People and Payments through Mobile: How tokenization can enhance convenience and security for POS, Online and ATM transactions,…

Man sentenced to 26 years for ATM Solutions robbery

August 31, 2011

According to STLToday.com, the co-planner of the $6.6 million robbery of ATM sales and service company ATM Solutions was sentenced this week to more than 2…

Heat from your fingers could compromise your PIN at an ATM

by Lachlan Gunn — Director, BenAlpin Ltd

Research has shown that residual heat from fingers can be used to compromise a PIN entered at an ATM with a plastic key pad using images taken by thermal…

Thieves stole $13 million in one day using cloned prepaid cards at ATMs in six countries

August 28, 2011

According to TG Daily, a group of criminals got away with stealing $13 million in one day from ATMs in six different countries in May of this year.