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Security News & Media

ATM thefts: a growing source of insurer loss

February 5, 2021

Travelers insurance reported that claims for damages due to ATM thefts increased by 220% from 2019 to 2020. Tracey Santor, bond manager for Travelers said in a…

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Deutsche Bank conducting internal investigation on banking product sale

January 26, 2021

Deutsche Bank AG is conducting an internal investigation following a Financial Times report describing bank employees who sold investment banking products to…

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Capital One fined $390M

January 19, 2021

The Financial Crimes Enforcement Network has enforced a $390 million civil penalty fine on Capital One for engaging in violations of the Bank Secrecy Act. The…

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FNB of South Africa adheres to safety mandate for ATMs

January 14, 2021

The First National Bank of South Africa has announced the rollout of a comprehensive COVID-19 safety program for its branch network and ATMs with the goal of…

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Banks worldwide amass $15 billion in fines

January 11, 2021

Data acquired from the Bank Fines Report 2020 by Finbold.com indicates a total of $15.13 billion in aggregated bank fines last year covering the period of Jan.

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Servpac partners with American Savings Bank to collocate its data

December 22, 2020

Servpac, Hawaii's cloud solution, announced a partnership agreement with American Savings Bank to "collocate" its data, or retain its data in privately housed…

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Anti-money laundering certificate for fintechs

December 8, 2020

To help fintechs combat money laundering, ACAMS, an international organization, has launched a new certification program for fintech companies according to a…

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Inetco helps secure Indonesia's National Payment Gateway

December 4, 2020

INETCO Systems Limited, a provider of real-time payment fraud prevention, announced that the ALTO Network, a National Payment Gateway for Indonesia, has chosen…

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Webinar to explore integrating document readers into kiosks for secure user identification

December 3, 2020

Michael Vlugt Identity verification is a must for many industries including hotels, car rental agencies, auto dealerships, telecom service providers…

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BoA says access to Merrill Lynch accounts restored after outage

November 25, 2020

Bank of America's Merrill Lynch wealth management platform crashed Tuesday morning putting brokers and investors in a tailspin for four hours according to a…

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UV-C light device for ATM keypads kills bacteria, viruses

November 23, 2020

San Francisco-based ATM manufacturer, Genmega introduces Vscan, a UV-C light device that kills up to 99% of bacteria and viruses on ATM keypads, sanitizing it…

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Fighting fraud in the future: What banks need to do

by Pat Shea — Editor, NetworldMedia

James Heinzman, EVP of financial services solutions for ThetaRay, spoke with ATM Marketplace on how the pandemic has changed security models and practices for…

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Skimming device targeted Delaware County banks

November 9, 2020

Unauthorized cash withdrawals from ATMs that compromised hundreds of Delaware County bank customer accounts in 2019, has led authorities to a federal bank…

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USA Technologies offers upgrades for 2G, 3G devices

November 5, 2020

USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has…

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Evolution of ATM acquiring software

by ATM marketplace

Traditional ATM Acquiring architecture needs an infrastructure upgrade to be able to remain relevant within the context of more digital channels and changing…

Presented by Auriga

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Navy Federal Credit Union fraudster faces sentencing

October 28, 2020

Romanian immigrant, Aurel Eremia, is scheduled to be sentenced for his involvement in the 2014 Navy Federal Credit Union ATM skimming scheme, according to a…

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Visa shares how to keep fraud from hurting your business

by Pat Shea — Editor, NetworldMedia

With holidays right around the corner, retailers are trying to capture customer spend earlier than Black Friday. ATM Marketplace spoke with Mike Lemberger…

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Patterns and trends: Visa helps curtail fraud for banks, merchants and consumers

by Pat Shea — Editor, NetworldMedia

Fraud is something that financial institutes, banks, merchants and consumers regularly battle. ATM Marketplace spoke with Mike Lemberger, senior vice president…

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The Current State of Cybersecurity for ATMs

ATMs have now become a popular point of exploitation for cybercriminals. Read on to find out how banks can use effective countermeasures with the Lookwise…

Presented by Auriga

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