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Security News & Media

Skimmers and no-swipe cards

May 10, 2010

As no-swipe cards make credit card purchases more convenient for consumers, they also make them susceptible to new tricks from skimmers. According to a story…

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SmartMetric to manufacture and distribute EMV SmartCards

May 10, 2010

SmartMetric Inc. announced today its plans to penetrate the EMV (Europay, MasterCard, Visa) credit and debit payment SmartCard market.

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Hacker develops multi-platform rootkit for ATMs

May 6, 2010

Security researcher Barnaby Jack will deliver a talk on ATM security vulnerabilities and disclose a new ATM rootkit at the Black Hat Las Vegas conference, to…

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Alleged ATM hacking scheme thwarted

May 6, 2010

19-year-old Thor Alexander Morris was arrested at a Houston flea market last month after entering a default administrative passcode on a Tranax Mini-Bank ATM…

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Facial recognition coming to ATMs

May 3, 2010

Using credit or debit cards to withdraw cash from an ATM may become a thing of the past with the introduction of facial recognition technology.   According to…

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Bank expert offers tips on fighting skimming at ATMs

May 2, 2010

As ATM skimming scams increase in frequency, the Washington Post interviewed Jonathan Velline, senior vice president for ATM banking at Wells Fargo, on tips…

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Secret Service warns of card skimming at ATMs

April 29, 2010

Jody Barr of WIS10 in Columbia, SC reports that the Secret Service says card skimming cases are up, five times higher so far this year. Skimmers are devices…

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Diebold revenue down 6%, net income improves

April 27, 2010

Diebold Inc.'s reported revenue for the first quarter of 2010 was down 6 percent from the same period last year, but net income showed an improvement. Revenue…

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Canada's Lambton Financial Credit Union signs with Fiserv for Acumen core banking solution

April 26, 2010

Fiserv Solutions of Canada Inc., a subsidiary of Fiserv Inc., announced today that Lambton Financial Credit Union Ltd. of Sarnia, Ontario, has chosen the…

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FTSI, NCR highlighted SelfServ ATMs during FTSI's CONNECT 2010 forum

April 26, 2010

CONNECT 2010, a high-level financial forum hosted by FTSI in early April, attracted community bank and credit union executives from throughout the state of…

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ATM, gas pump skimming gets attention from Secret Service in S.C.

April 22, 2010

WPDE-TV, Channel 15 (South Carolina) reports that the Secret Service in South Carolina is describing skimming attacks as one of the most significant problems…

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Report highlights opportunity for new apps on EMV chip cards

April 20, 2010

London-based Retail Banking Research Ltd. reports what it calls "outstanding" opportunities for banks to leverage the new chip and PIN infrastructure with…

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Travelex buys INETCO Insight transaction-management software

April 19, 2010

Travelex has purchased INETCO Insight to reduce payment settlement uncertainty and operational risk for its expanding payment processing environment, according…

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The Bancorp Bank provides sponsor bank services to Heartland

April 18, 2010

The Bancorp Bank, a subsidiary of The Bancorp Inc., has announced that it will now provide sponsor bank services to Heartland Payment Systems Inc.   According…

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Skimming ring uncovered in South Carolina

April 15, 2010

The U.S. Secret Service has uncovered evidence of an international credit and debit card fraud scheme in South Carolina, according to a story on News Channel …

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World Cup prompts card skimmer awareness education

April 14, 2010

IT Web reports that the upcoming FIFA World Cup is prompting security officials in South Africa to work to raise awareness of ATM card skimmers and the havoc…

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X9 calls for a standard for secure Internet authorization

April 11, 2010

ANNAPOLIS, MD — The Accredited Standards Committee X9 (X9) has announced plans to launch a new effort to develop an American National Standard that will…

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INETCO releases INETCO Insight 4.6 for high-volume payment processing

April 8, 2010

INETCO Systems Ltd., an expert in transaction analytics for the financial industry, has announced the release of INETCO Insight 4.6.   According to a news…

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Javelin report: ATM attacks evolving

April 7, 2010

SearchFinancialSecurity.com reports that ATM attacks are evolving from basic skimming into attacks on ATM software and ATM networks, fraudulent mobile alerts…

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B of A computer specialist set to plead guilty to inside ATM hack

April 7, 2010

According to ComputerWorld.com (via IDG News Service), a Bank of America computer specialist is scheuled to plead guilty to charges of computer fraud after…

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