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Security News & Media

Switzerland to consider changing banking secrecy laws due to UN pressure

May 3, 2022

The Swiss government is currently considering whether to change banking secrecy laws due to pressure from UN officials, who argue that these laws allow account…

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DNA match leads to arrest in 2020 ATM theft case

April 28, 2022

Police in Wichita Falls, Texas, recently arrested Jack McNeal for allegedly stealing and attempting to steal from ATMs in the Houston area. Law enforcement…

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Putting Zero Trust into Self Service Banking Cybersecurity

The European Banking Authority (EBA) issued this alert in its latest update to its risk dashboard following the Russian invasion of Ukraine. The EBA said…

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Survey opens for 2022 ATM, self-service software trends report

April 26, 2022

The survey is now open for the 2022 ATM and self-service software trends report. This is the 15th edition of this report, which is sponsored by KAL ATM…

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Police arrest 4 men for alleged jackpotting scheme

April 22, 2022

Oklahoma City police recently arrested four men for allegedly jackpotting an ATM. Police found computer equipment, magnetic strip cards and other tools used in…

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Smart safes improve security, cash availability

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

Handling cash can be a major challenge for banks and businesses alike. For businesses, they have to count it, keep it safe and at times take a trip to a bank…

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Bitcoin ATM operator faces indictment for tax evasion, fraud

April 19, 2022

Robert Taylor, a Bitcoin ATM operator based in New York City, was recently indicted for "operating an illegal bitcoin ATM business that he marketed towards…

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Woman receives 70 fraudulent Chase credit cards issued to strangers

April 19, 2022

A woman named Tina Kumar in Hayward, California, recently received 70 Chase credit cards in the mail, all issued to strangers and linked to her credit card…

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Discover intros Cashback Debit account with early paycheck access

April 12, 2022

Discover recently introduced its Cashback Debit account with features such as early access to paychecks two days in advance and rewards with up to 1% cash back…

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Hyosung selects Advanced Fraud Solutions to fight ATM deposit fraud

April 6, 2022

Hyosung of America recently selected Advanced Fraud Solutions to provide its fraud detection software to help prevent deposit fraud at Hyosung's ATMs…

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XFS4IoT SP-Dev Workgroup celebrates year of success for ATM API standards

The XFSIoT SP-Dev workgroup has made significant progress in its mission to jumpstart the latest API standard for ATMs.

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Mid-Michigan struck by 6 ATM thefts

April 4, 2022

Thieves have repeatedly targeted ATMs in Mid-Michigan over the past month. Police have reported six incidents, according to a report by ABC 12 News.

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US threatens crypto exchanges, financial institutions aiding Russia

March 29, 2022

The U.S. will personally hold accountable any cryptocurrency exchange, financial institution or individual who helps Russia get around sanctions, according to…

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MX partners with UW Credit Union to deliver financial apps, security

March 28, 2022

MX, a financial data platform, is partnering with UW Credit Union, a credit union serving University of Wisconsin communities, to enable two-factor login…

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SOC 2 Type 2 Certification Confirms Burroughs as a Trusted Services & Integration Leader

Burroughs, Inc., North America’s largest independent services partner for the full lifecycle management of cash automation, self-service, IoT, and related…

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Republic Bank selects SEI Sphere cybersecurity solution

March 16, 2022

Republic Bank, based in Philadelphia, has selected SEI Sphere to provide cybersecurity solutions. SEI Sphere will help the bank detect threats and offer…

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Napier hires on CPO

March 16, 2022

Napier, an anti-financial crime compliance solutions provider, has named William Monk to serve as CPO. Prior to joining Napier, Monk served as group head of…

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Tips to tackle ATM security

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

Last time we looked at some critical ATM security issues such as software vulnerabilities, jackpotting, physical key issues and more. But how does one address…

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Mobile payment app scams spike significantly

March 11, 2022

Mobile payment app scams are on the rise, according to research from ComEd, a unit of Chicago-based energy company Exelon Corp. Last month, ComEd received more…

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