PCI council set to release new security standard

May 14, 2008

WAKEFIELD, Mass. — The PCI Security Standards Council, a global, open-industry-standards body providing management of the Payment Card Industry Data Security…

ATM card may signal new growth for China-based company

May 13, 2008

DigiTimes (Taiwan, Republic of China): Despite first quarter losses, PTMD, a joint-venture between ProMOS Technologies and China Potevio Company that engages…

Collis develops NFC two-factor chip application

May 13, 2008

LEIDEN, Netherlands — Collis, a payment-processing company based in the Netherlands, has developed what it calls its near-field-communication two-factor…

Risk Management for ATM and Card Compromises

May 13, 2008

ATM security breaches represent a huge concern for consumers and card companies. In this white paper, we look at how those companies may be able to handle such…

ATM software glitch hits major Japanese bank

May 11, 2008

IDG News Service: A software glitch that crept into a massive ATM-system integration project at Japan's Bank of Tokyo Mitsubishi UFJ left thousands of…

Fingerprints may replace signatures, PINs

May 11, 2008

CNNMoney.com: SmartMetric Inc. says its new biometric card will make signing a credit card or inputting a PIN while using an ATM/debit card a thing of the…

Fiserv's FraudNet prevents more than $287 million in fraud losses

May 8, 2008

BROOKFIELD, Wis. — Fiserv Inc., provider of information-technology services to the financial and insurance industries, has announced that the CheckFree…

NCR profit up 41%, gain attributed to manufacturing consolidation

May 7, 2008

DAYTON, Ohio — NCR Corp. has released the financial results of the first quarter of 2008, ending March 31.    The company reported net income of $48 million…

European ATM skimming jumps 43%

May 7, 2008

ePaynews: In 2007, ATM-fraud losses rose by 43 percent in Europe to €439.01 million (U.S. $675 million) from €306.48 million (U.S. $471.29 million) in…

Texas credit union renews deal with Pulse

May 7, 2008

HOUSTON — Randolph-Brooks Federal Credit Union, a $3 billion not-for-profit financial cooperative based in Live Oak, Texas, has extended its participation in…

Saudi man blocks bank after ATM swallows debit card

May 6, 2008

Arab News: When an ATM "swallowed" a Saudi man's debit card as he was attempting to withdraw money, the man threw a fit. Instead of calling bank authorities…

Collis validation module gets MasterCard thumbs up

May 6, 2008

LEIDEN, Netherlands — Collis, provider of transaction-processing and testing services, has announced that MasterCard Worldwide has qualified Collis' new card…

Man sentenced to five years for bogus ATM business

May 6, 2008

The Associated Press: A New York City man has been sentenced to five years for his role in a "boiler room" scheme that scammed $3.6 million from people who…

Diebold banks on ATM service

Diebold looks to turnkey ATM solutions.

Cellular South, BancorpSouth team to offer mobile banking

May 5, 2008

The (Jackson, Miss.) Clarion-Ledger: Cellular South customers who bank with BancorpSouth will now be able to check their accounts, pay bills and transfer funds…

Man pleads guilty to worldwide distribution of card skimmers

May 4, 2008

The (Alberta, Canada) Calgary Herald: A Canadian man who was arrested last May for allegedly using the Internet to export credit-card-skimming devices around…

Wincor Nixdorf uses ATM muscle

by Tracy Kitten — Editor, AMC

The Europe-based ATM giant plans to make its presence known in U.S.

Kuwaiti bank issues deposit-only ATM cards

April 29, 2008

AME Info (Dubai Media City, United Arab Emirates):  Gulf Bank is introducing a special deposit-only ATM card that experts hope will facilitate round-the-clock…

Calif. police arrest 'foot soldiers' in complex ATM-fraud ring

April 29, 2008

The Orange County (Calif.) Register: Two Santa Ana, Calif., men have been arrested for their alleged involvement in a sophisticated ATM-fraud ring. Thai Nam…

Calif. credit union to deploy NCR SelfServ ATMs

April 29, 2008

DAYTON, Ohio — Southern California's Alta Vista Credit Union says it expects to deploy NCR Corp.'s newly-launched SelfServ family of ATMs.   The NCR SelfServ…