Expert shares insight into SVB collapse

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

There are many conflicting reports about why SVB fell apart and what it means for consumers in general. To gain insight into what actually happened, and how…

General Bytes to refund customers affected by hack

March 28, 2023

General Bytes, a bitcoin ATM manufacturer, will refund customers that lost bitcoin due to a hack in March. The intruder used a zero-day hack to access…

First Citizens Bank to acquire SVB amid turmoil

March 28, 2023

First Citizens Bank has signed an agreement to purchase Silicon Valley Bank from the Federal Deposit Insurance Corp.

Woman poses as janitor to steal from ATMs

March 27, 2023

A woman in Chilliwack, British Columbia, Canada, allegedly posed as a janitor to steal cash from multiple bank ATMs. She would dress in a janitor outfit and…

Man stabbed during ATM transaction

March 24, 2023

An assailant killed repeatedly stabbed man at an ATM in Phoenix, Arizona, according to a report by AZ Family.

Safes, vaults market to reach $13.8B

March 22, 2023

The safes and vaults market will grow from $7.9 billion in 2022 to $13.8 billion by 2030, according to research from ReportLinker. It will grow at a compound…

Financial Services Trends and AI: Interview With the VAImpire

Have we entered an age where artificial intelligence (AI) tools like ChatGPT and Bard have become uncontrollable monsters, destined to suck away all human…

Suspect takes ax to an ATM

March 21, 2023

Philadelphia, Pennsylvania police are looking for two individuals who allegedly tried to break into an ATM at the Maranatha grocery store.

Secret Service, PNC investigate Ohio ATM skimming case

March 21, 2023

The Secret Service is investigating 27 cases of skimming at one PNC ATM in Macedonia, Ohio. A thief used a small camera to steal PIN numbers from customers…

German police arrest 42 for ATM explosive attacks

March 21, 2023

More than 2,500 German police officers recently participated in an operation in which 42 people were arrested for suspected involved in ATM explosive attacks.

Hackers steal $1.5M from General Bytes Bitcoin ATMs

March 21, 2023

Hackers stole $1.5 million from General Bytes Bitcoin ATMs by exploiting a zero-day vulnerability in its BATM management platform. They remotely uploaded a…

Credit Suisse narrowly avoids shutdown with USB acquisition

March 21, 2023

UBS has acquired Credit Suisse to prevent the bank from collapsing. The acquisition occurred in the wake of the recent collapse of Silicon Valley Bank…

Jamaican officer shot while using ATM in attempted robbery

March 20, 2023

A police officer was shot while using an ATM in St. Catherine, Jamaica in what police say was an alleged attempted robbery, according to a report by Jamaica…

Avast launches Platinum security platform

March 16, 2023

Avast, a digital security company, has introduced its Avast One Platinum cyber safety platform. It offers tools such as credit monitoring, lost wallet…

How to Build a Payment Test Automation Strategy for 2023

Automated testing helps to identify and resolve issues faster and more efficiently, leading to improved user experience and increased customer satisfaction.

North Carolina police seeking 3 ATM thieves

March 15, 2023

Hickory, North Carolina police are on the lookout for three people who allegedly used a stolen Ford F-350 truck to steal from an ATM. The individuals allegedly…

Washington police warn of Bluetooth skimmers on ATMs

March 15, 2023

Everett, Washington police are warning residents about the increasing number of Bluetooth overlay skimmers in Western Washington on self-checkouts and ATMs.

Senior citizen left in lurch when Chase fails to process ATM check deposit

March 15, 2023

Mary Smith, an 80-year-old woman in Amityville, New York recently attempted to deposit a more than $200,000 check at a Chase Bank ATM. However, the bank did…

SVB Financial Group appoints restructuring committee for subsidiaries

March 15, 2023

SVB Financial Group has appointed a restricting committee of five directors to look at alternatives for both the holding company and its capital and securities…

SVB, Signature Bank collapse raises questions

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

The collapses of SVB and Signature Bank have raised questions about the economy, the banking system, cryptocurrency and how banks should respond.