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Security News & Media

Romanian National ATM skimmer sentenced to 4 years in federal prison

March 11, 2021

A Romanian National was sentenced to federal prison on March 11 for his role in a bank fraud scheme using counterfeit credit and debit cards to withdraw money…

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ATM Marketplace needs your input on industry survey

March 9, 2021

Physical attacks on ATMs is a growing problem, and ATM deployers need to be prepared to deal with potential attacks and have as much information as possible.

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Flagstar Bank customer data, records breached in Accellion hack

March 8, 2021

Flagstar Bank was breached due to an Accellion software zero-day vulnerability. The bank, headquartered in Michigan, is a Flagstar Bancorp subsidiary and…

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Bombs in ATMs, an emerging threat for Americans

March 4, 2021

The Bureau of Alcohol, Tobacco, Firearms and Explosives in Pinal County, Arizona, has been training law enforcement on the "Raven's Challenge," a training…

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Metabase Q uncovers strain of ATM malware

March 3, 2021

Metabase Q Inc., a Latin American security organization TV announced the company's security research division, Ocelot, discovered a new variant of Ploutus, one…

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Coming clean about money laundering

by Rick McDonell

Money laundering is a profitable game for criminals but what can financial institutions do to combat it? ATM Marketplace interviewed Rick McDonell, former…

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Thieves target Baltimore businesses' ATMs

February 17, 2021

Baltimore has seen a large increase in ATM thefts over the past year and the Baltimore Police Department has now started to better track them. Before 2020, the…

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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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