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Security News & Media

Man arrested for California ATM crimes

June 22, 2023

The Riverside County Sheriff's Department in California has arrested Paul Kolacki on suspicion of stealing at least 29 ATMs in multiple cities and counties in…

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Google Cloud intros AI anti-money laundering solution

June 21, 2023

Google Cloud has unveiled its Anti Money Laundering AI to help financial institutions detect money laundering. The solution is designed to replace legacy AML…

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What's going on with Binance, Coinbase?

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

Cryptocurrency took a major hit this month, as the Securities and Exchange Commission opened lawsuits against popular exchanges Binance and Coinbase.

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SVB to sell investment banking business to management team led by CEO

June 19, 2023

Silicon Valley Bank has entered into an agreement to sell its investment banking business, SVB Securities, to a management team group led by CEO Jeff Leerink…

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How are banks automating or failing to automate?

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

Banks are typically seen as traditional organizations; however, many are embracing automation to improve efficiency and meet customer needs. That being said…

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Bank of England moves closer to digital pound

June 16, 2023

The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.

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ATM thieves steal $100K in the Bronx

June 14, 2023

Police are on the lookout for two individuals who allegedly stole $100,000 from a worker replenishing an ATM in the Bronx, New York.

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Crypto.com shuts down US institutional services

June 12, 2023

Crypto.com, a cryptocurrency exchange will shut down its institutional services for U.S. customers in less than two weeks. The company claims the decision is…

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Why banks should embrace remote work, especially for payment testing

Financial organizations can benefit dramatically from offering flexible work options to their employees.

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Illinois police arrest 3 on suspicion of dozens of ATM smash and grabs

June 9, 2023

Sparta and Waterloo, Illinois police recently arrested three people they believe are involved in a string of more than 30 ATM smash and grab attacks in Iowa…

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Binance halts dollar deposits following SEC lawsuit

June 9, 2023

Binance, a cryptocurrency exchange, will stop U.S. dollar deposits following news of the lawsuit from the U.S. Securities and Exchange Commission. The exchange…

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Bankjoy intros business banking platform

June 7, 2023

Bankjoy, a digital banking solutions provider, introduced Business Banking 2.0, which offers products and services for banks and credit unions to reach…

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Trial begins for murder at ATM

June 7, 2023

The trial for three men in Grand Rapids, Michigan accused of murdering a man at an ATM began on June 6.

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SEC sues Coinbase, Binance

June 6, 2023

The Securities and Exchange Commission has sued Coinbase and Binance in back-to-back lawsuits. With Coinbase, the SEC claims it was acting as an unregistered…

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ATM Self-Service Software Trends Report survey deadline extended to June 15

June 5, 2023

The deadline for the survey for the 2023 ATM & Self-Service Software Trends Report has been extended to June 15.

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Jackpotters target Oklahoma ATMs

June 2, 2023

Criminals are increasingly targeting ATMs in Oklahoma with jackpotting attacks, a software attack where the criminal installs software that causes it to…

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Chase to close 21 First Republic Bank branches

June 2, 2023

JPMorgan Chase will shutter 21 branches of First Republic Bank by the end of 2023, representing about a quarter of the bank's 84 branches in eight states.

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Missouri House bill on ATM smash and grab leads to debate

May 31, 2023

The Missouri House has approved a bill that makes ATM smash and grab attacks a felony. The bill's sponsor Rep. Rick Francis, Republican, said that currently…

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Criminals attempt bitcoin ATM theft

May 31, 2023

Seven individuals allegedly attempted to steal a bitcoin ATM last week at a smoke shop in Houston, Texas. They used a pickup truck to crash through the window…

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Angry Walmart ATM customer threatens employee with firearm

May 30, 2023

A customer at a Walmart Supercenter in Camillus, New York pointed a firearm at a store employee after becoming angry at an in-store ATM.

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