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Security News & Media

Congress grills SVB, Signature Bank execs over bank collapse, compensation

May 17, 2023

Greg Becker, CEO of Silicon Valley Bank alongside Scott Shay, chairman of Signature Bank, recently appeared before Congress to answer questions both on the…

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Bank CEO pay in focus following SVB, Signature, First Republic collapses

May 16, 2023

CEO compensation is under focus, as executives from failed banks Silicon Valley Bank, Signature Bank and First Republic gained millions from the planned sales…

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FDIC calls on big banks to pay for SVB collapse

May 12, 2023

The Federal Deposit Insurance Corp. has called on banks with more than $5 billion in assets to help pay depositors of the defunct Silicon Valley Bank and…

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Financial risk management software to reach $9.2B market value by 2031

May 12, 2023

The financial risk management software market will grow from $2.5 billion in 2021 to $9.2 billion by 2031, according to a press release from Allied Market…

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Truist ATM stolen from drive-thru

May 11, 2023

A Truist Bank ATM was stolen from a drive-thru in Baltimore, Maryland. When police arrived on the scene, the ATM had been removed, according to a report by CBS…

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Alleged ATM bomber had 8 pipe bombs in Georgia home

May 10, 2023

A man facing charges of blowing up an ATM at a North DeKalb Mall in Georgia had eight pipe bombs in his home in Decatur, Georgia. A federal complaint claims he…

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Dollar Bank tackles ATM skimming head on

May 10, 2023

Dollar Bank is working with lawmakers regarding an ATM skimming scheme, which occurred at various locations with a particular influx in Pittsburgh…

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California bank regulator says it acted too slowly with SVB

May 9, 2023

California's Department of Financial Protection said it failed to take proper oversight regarding Silicon Valley Bank, which contributed to the bank's demise…

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Right to Repair

The Right to Repair means you're actually in the driver's seat when it comes to selecting & partnering with an independent service provider or even choosing to…

Presented by Burroughs, Inc.

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Kentucky police arrest man for alleged ATM robbery

May 4, 2023

Owensboro, Kentucky police officers arrested a man on charges of an ATM robbery. The man, Manuel Cuahua, allegedly robbed a woman when she tried to withdraw…

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Digital Transformation Technologies To Implement For 2023

When you’re responsible for ensuring your organization’s day-to-day operations run smoothly, securely, and reliably, it can be difficult to find time to look…

Presented by Burroughs, Inc.

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JPMorgan Chase acquires First Republic Bank

May 3, 2023

Regulators recently seized First Republic Bank and sold the majority of its assets to JPMorgan Chase. The bank lost $100 billion in deposits in March, as…

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How and why bitcoin ATMs help the underbanked

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Do bitcoin ATMs helped the unbanked and underbanked? And what role do regulations and cash usage play?

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FDIC calls on Congress to increase deposit insurance limits

May 2, 2023

The Federal Deposit Insurance Corp. has proposed boosting the deposit insurance limits for business payment accounts, according to a Yahoo! Finance report.

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Nebraska police arrest 3 for ATM skimming

May 1, 2023

Authorities in Omaha, Nebraska arrested three individuals for allegedly placing skimming devices on ATMs. An employee at First National Bank of Omaha…

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Chicago man discovers ATM skimming device at Walgreens

May 1, 2023

Eric Newbery, a Chicago resident, recently discovered an ATM skimming device at an ATM at a Lakeview Walgreens location. He removed the skimmer from the ATM…

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Experts share tools, tips to prevent bank data breaches

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Data breaches are a massive issue for banks. How can they prevent them? One solution is maintaining better identity security.

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Ohio ATM vandalized, cash stolen

April 28, 2023

Columbus, Ohio law enforcement are investigating an incident at a Huntington Bank ATM, where an individual or group of individuals vandalized an ATM and stole…

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Banks can fight back against ATM Jackpotting

Recently, a new ATM jackpotting malware variant, dubbed FiXS, has been identified as a new threat infecting ATMs to steal large amounts of cash. What exactly…

Presented by Auriga

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5 Ways Automated Testing Software Increases Efficiency

Despite the chaotic state of global affairs and predictions of an economic recession, the most successful financial services providers will continue their…

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