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Security News & Media

ATM Marketplace: February Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Diebold Nixdorf and NCR Corp. held earnings calls in February, but there wasn't much to love in the companies' revenue reports. Those were our top two stories…

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Wallet Card adds two-way communication between user, FI

February 26, 2018

Dynamics Inc. has introduced enhanced functionality for its connected Wallet Card that allows two-way communication between banks and cardholders via the…

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How one bank is waging the never-ending battle against cybercrime

Patricia O'Donnell, senior vice president at Key Bank, discusses the challenges that financial institutions confront daily as they work to mitigate the…

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Costs of cyberattack greater for financial services than for other industries

February 16, 2018

Cyberattacks cost the financial services sector more than any other industry, and the rate of breaches in the sector has tripled over the past five years…

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X9, PCI SSC collaboration aims to unify PIN security standards

February 16, 2018

The Accredited Standards Committee X9 Inc. and the PCI Security Standards Council have announced a joint initiative to create one unified PIN security standard…

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Shyft to develop blockchain-based KYC-AML network

February 14, 2018

Shyft, a provider of KYC-AML infrastructure, has announced an open and unified blockchain framework for the standardization of regulatory, compliance and due…

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Cash trap: How an ingenious ATM solution led cops right to robbers

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In a workshop at last week's ATMIA conference, attendees learned how Cash Connect and 3Si were able to stop chasing the same ring of thieves out of one major…

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Nautilus Hyosung America puts on a show of Force

February 13, 2018

Nautilus Hyosung America officially launched its new Force retail ATM last week with an exhibit at the ATMIA US Conference in Las Vegas.

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Payments fraud plagues 75 percent of FIs, Minneapolis Fed reports

February 9, 2018

Payments fraud losses remain an issue for financial institutions across the country, but customer diligence — such as reviewing transaction activity and…

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PSCU, Pindrop partnership thwarts $1M in fraud in 1st month

February 9, 2018

PSCU is stepping up its fraud prevention efforts, using Pindrop technology on behalf of its owner credit unions to provide an added layer of voice security and…

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US identity fraud reaches record high in 2017

February 9, 2018

The number of identity fraud victims has increased by 8 percent (rising to 16.7 million U.S. consumers) over the last year, a record high since Javelin…

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Caught in the act: US authorities nab ATM jackpotting suspects in Connecticut

February 8, 2018

The U.S. Department of Justice has announced the arrest of Alex Alberto Fajin-Diaz, 31, a citizen of Spain, and Argenys Rodriguez, 21, of Springfield…

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The costly crisis of ATM physical attacks: Understanding the problem

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At a morning workshop during the ATMIA conference, the audience heard unsettling statistics and anecdotes about the rising number of ATM physical attacks in…

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S&G appoints Keith Deaton as chief operating officer

February 7, 2018

Sargent and Greenleaf Inc., a subsidiary of Stanley Security and a manufacturer of locks and locking systems for safes and vaults, has announced the…

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Well, that was pointless, mate

February 6, 2018

This week, authorities in Australia arrested a man suspected of attempting to blow up ATMs.

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ATM jackpotting suspects jailed in Houston

February 2, 2018

Authorities have arrested two men and are seeking a third in an attempted ATM jackpotting case in the Houston area.

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Fime to develop next-gen testing and validation scheme in Saudi Arabia

February 2, 2018

Fime, a long-time partner of Alhamrani Universal in the Kingdom of Saudi Arabia, has been selected by mada, the kingdom's domestic payment scheme, to develop a…

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Philippine lawmakers ask ATM fraudsters, 'Do ya feel lucky?'

January 30, 2018

"You've gotta ask yourself one question: 'Do I feel lucky?' Well, do ya, punk?"

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US Payments Forum announces EMV updates, resources

January 30, 2018

The U.S. Payments Forum has released its winter 2018 market snapshot, which includes the following updates:

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After years of warnings, ATM jackpotting strikes the US

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Now that EMV has taken much of the profit out of ATM skimming, criminals are taking up more sophisticated methods of thievery. So it was that the Secret…

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