ATM market to grow to $50B by 2032

November 17, 2023

The ATM market will grow from $22.6 billion in 2022 to $50 billion by 2032, according to research from Allied Market Research. It will also see a compound…

Thieves target ATM with 'jaws of life'

November 17, 2023

Thieves have used the "jaws of life" to pry open ATMs in Virginia and Maryland. They first targeted an ATM at a TD Bank, where they failed to get the door off…

ATM security market to reach $32+B by 2032

November 15, 2023

The ATM security market will grow from $13.7 billion in 2022 to $32.4 billion by 2032 at a compound annual growth rate of 9.2% from 2023 to 2032, according to…

Tampa man allegedly stole $450K from banks with 20 fake IDs

November 15, 2023

James Scannapieco, a man from Tampa, Florida, was arrested for allegedly using 20 fake IDs to steal almost $450,000 from 36 Florida banks. He targeted Fifth…

Hacking group claims to have compromised Coin Cloud data

November 14, 2023

A hacking group claims to have stolen customer data from Coin Cloud, a bitcoin ATM operator, which filed for bankruptcy recently. In particular, the group said…

Zelle begins refunding scam victims by clawing back funds from scammers

November 14, 2023

Zelle, a peer-to-peer payments app owned by seven banks, has begun refunding victims of imposter scams after pressure from regulators. The 2,100 financial…

World's largest bank ICBC suffers hack, uses USB stick to trade

November 10, 2023

Industrial & Commercial Bank of China Ltd., the world's largest bank by deposits, suffered a cyberattack, which made it unable to clear U.S. Treasury…

Hayward, California police find ATM skimmer

November 10, 2023

An ATM technician in Hayward, California, found a skimmer device on an ATM in the area. Police collected the device as evidence, according to a report by Kron…

2 Louisiana men arrested for allegedly stealing from ATM

November 9, 2023

Two men from Breaux Bridge, Louisiana have been arrested after allegedly stealing from an ATM in Lafayette County while a technician was working on it. The…

The rise of digital wallets: Measuring their impact

by Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems

Digital wallets continue to transform the way we pay for goods and services. These convenient and secure payment methods are becoming increasingly popular, and…

Mother of 2 dies after shooting at Chicago area Chase ATM

November 7, 2023

Police have arrested two suspects for allegedly shooting a woman, who was a mother of two, at a Case ATM in Worth, Illinois, according to a report by Fox 3…

Thieves steal $2K with ATM skimmers from accounts

November 7, 2023

Thieves stole nearly $2,000 from individual's bank accounts using a skimming device on two ATMs at Wright-Patt Credit Union in Kettering, Ohio. Two individuals…

2 arrested in Illinois for ATM theft

November 3, 2023

Police in Pike County, Illinois arrested two individuals after they allegedly broke into an ATM at the Barry Travel Plaza and stole money, according to a…

Shootout at ATM leaves 1 man dead

November 3, 2023

A 53-year old man in Renton, Washington was shot and killed during an altercation at a Chase ATM. Two 23-year-old individuals were depositing money at an ATM…

Diebold Nixdorf to manage, upgrade ATM network for Texas Dow Employees Credit Union

November 1, 2023

Texas Dow Employees Credit Union selected Diebold Nixdorf Inc. to deliver its ATM-as-a-service for its self-service banking network. In particular, Diebold…

TreviPay intros Financial Partner Gateway

October 27, 2023

TreviPay, a B2B payments and invoicing network provider, introduced Financial Partner Gateway, an API suite for banks. With this tool, banks can provide…

Colorado police find skimmers on ATMs, gas pumps

October 24, 2023

Financial crime investigators are warning residents of Colorado Springs, Colorado of skimmer devices found on gas pumps and ATMs in businesses in the area…

Tennessee police on lookout for suspects in ATM technician robbery

October 23, 2023

Police in Nashville, Tennessee are searching for two suspects who allegedly stole money from a worker servicing an ATM at a Regions Bank branch. One suspect…

Texas man receives sentence for stealing from ATMs

October 20, 2023

A man from Bowie, County, Texas has been sentenced to 18 months in federal prison for stealing from multiple ATMs in the area. He stole $127,654 from one ATM…

What Self-Service Channel Needs for Better Cybersecurity in 2024

October is over and so is the month’s annual focus on putting cybersecurity to the top of everyone’s agendas. But obviously vigilance about cybersecurity…