Mass. residents nicked for $50,000 by ATM skimming ring

April 16, 2003

NEEDHAM, Mass. -- At least 15 Needham residents lost an estimated total of $50,000 in fraudulent Fleet Bank ATM withdrawals earlier this month, according to a…

Consumers increasingly unhappy with how banks handle unauthorized ATM transactions

April 15, 2003

LOS ANGELES -- There appears to be a growing friction between banks and customers claiming losses, as crooks use increasingly innovative tactics to appropriate…

N.J. armored operator indicted on bank fraud

April 14, 2003

TRENTON, N.J. -- A federal grand jury on April 14 indicted Daniel Antolini III, the 47-year-old owner/operator of Executive Cash Services, on charges of bank…

Australian government may mandate added ATM security measures

April 8, 2003

MELBOURNE, Australia -- Australian banks may be forced to employ security guards or use monitored video cameras at some ATMs to protect customers, under…

Delayed decisions on Triple DES

April 3, 2003

Despite MasterCard's pending April 2005 deadline for Triple DES encryption on ATMs, manufacturers have not yet seen a major increase in orders. Various market…

Evidence suppressed in S. African case; Diner's Club alleges businessman part of ATM scam

March 30, 2003

DURBAN, South Africa -- International academics are outraged about a court order preventing the media or any witnesses from publicly exposing the computerized…

Former cops face charges in La. ATM thefts

March 27, 2003

SHREVEPORT, La. -- Two former policemen were indicted on March 27 on charges that they plotted to steal money from ATMs.

Networks increase oversight of sponsor banks

Picture the ATM business as a high school prom. ISOs are the teenagers that make much of the activity happen. EFT networks are the high school principals who…

Tranax says all new ATM hardware, software is TDES compliant

March 27, 2003

FREMONT, Calif. -- Tranax Technologies says that all of its ATMs now available for shipment, including the Nano Cash, are fully compliant with Triple DES…

Police believe latest ATM scam led by 17-year-old

March 25, 2003

NASSAU, Long Island -- Authorities arrested a 17-year-old high-school student they believe created up to 1,000 bogus credit cards using card data and PINs from…

Diebold to resell Thales security modules for PIN encryption

March 24, 2003

WESTON, Fla. -- Thales e-Security, which sells host security modules (HSMs) among other payment security products, has ntered into a reseller agreement with…

EFTA sponsors Triple DES seminar

March 18, 2003

HERNDON, Va. -- The Electronic Funds Transfer Association (EFTA) is sponsoring a one-day seminar on Triple DES on Thursday, April 3 in Irving, Texas.

Triton to offer TDES upgrade for 9500

March 18, 2003

LONG BEACH, Miss. -- Triton says it will provide its customers with an upgrade path for all of its existing ATMs, including the first-generation 9500.

Malaysia's ATMs to accept chip cards only by July

March 2, 2003

KUALA LUMPUR, Malaysia -- Malaysia expects to complete its conversion to Bankcard, a new chip-based multipurpose card that will replace magnetic strip ATM…

Companies intro process to simplify management of ATM master keys

February 26, 2003

NEW ORLEANS -- Columbus Data Services (CDS), an EFT processor specializing in ISO ATM processing and vault cash services, in conjunction with Trusted Security…

Companies offer classes for TG-3 certification

February 23, 2003

CONCORD, N.C. -- Abraham & Associates, Inc. and Fagan & Associates are offering four-day classes that will result in the necessary certification…

Washington legislators intro bills they hope will cut financial fraud

February 19, 2003

OLYMPIA, Wash. -- Prompted by a boom in financial fraud and identity theft, state legislators have drafted a package of House and Senate bills that would…

PNC is 2nd bank to cancel ATM cards after hacker attack

February 19, 2003

PITTSBURGH, Pa. -- PNC Bank said  it was forced to deactivate some 16,000 of its ATM/debit bearing the Visa logo after being notified by Visa that the cards…

UK's ATM Security Working Group could serve as model for U.S.

Alan Townsend, the London police detective who helped create an ATM Security Working Group with a number of the UK's top independent ATM deployers, says a…

Citizens Bank reissues ATM cards in wake of hacker attack

February 18, 2003

PITTSBURGH, Pa. -- Hundreds of bank customers in Pittsburgh and across the state had their ATM/debit cards canceled after a computer hacker stole some …