Fiserv deploys AML solution for international financial exchange

December 28, 2017

Fiserv Inc., a provider of financial services technology solutions, has announced that LuLu Exchange, a provider of cross-border remittance, currency exchange…

Partnership puts card control in Chinese consumers' hands

December 28, 2017

Perth, Australia-based fintech provider Tranwall Ltd. has signed a nonexclusive reseller agreement with Union Mobile Financial Technology Co. Ltd., a Chinese…

Discover mobile app adds iPhone X facial login

December 26, 2017

Discover card members and Discover Bank customers who own an iPhone X can take advantage of the smartphone's Face ID functionality to sign in to the Discover…

BS/2 receives 2nd Product of the Year award for ATMeye.iQ solution

December 21, 2017

ATMeye.iQ, a self-service security and monitoring solution developed by Lithuanian banking technology provider BS/2, has received the 2017 gold medal for…

Thales, Gemalto to unite digital security expertise in merger

December 19, 2017

Security technology providers Thales and Gemalto have reached a merger agreement based on an cash offer by Thales for all issued and outstanding ordinary…

American consumers getting behind bio ID idea

December 15, 2017

A new Visa survey of 1,000 Americans confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier and…

AmEx scraps signatures, leaves Visa as sole holdout

December 14, 2017

American Express has said that starting in April it will no longer require a cardholder signature for transactions at the point of sale anywhere in the world.

How blockchain could choke off ATM money-laundering

AML-KYC regs are a helpful tool for fighting crime, but a headache for ATM operators. Could there be a simple, cost-effective, surefire solution to the problem…

Russian hackers quietly drain $10M from ATMs

December 12, 2017

Russian security firm Group-IB has said that a series of long-unnoticed attacks on interbank transfer systems and ATMs has resulted in losses of nearly $1…

'Gimme shelter': A tale of cyberwar, bank panic and ATM cash

by atm Atom — blogger, atmatom

Imagine for a moment that North Korea or some other rogue state successfully launches a cyberattack against a U.S. bank. Then consider how the ensuing spike in…

EMV transactions near 60 percent globally, lifted by US adoption

December 7, 2017

In the 12 months leading up to June 2017, 59.9 percent of card-present transactions globally used EMV technology, an increase from 42.4 percent in the previous…

Discover rubs out signature requirement for card-present transactions

December 7, 2017

Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in…

TIO Networks breach might have exposed 1.6M consumer records

December 5, 2017

TIO Networks, the bill payment platform acquired this summer by PayPal, has said that a security vulnerability could have exposed the personal information of…

Bitcoin ATMs laundering money in London, police say

December 5, 2017

Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.

Malware-delivery botnet Andromeda bites the dust

December 5, 2017

An international cyberoperation involving law enforcement agencies and private sector partners has dismantled Andromeda (aka Gamarue), one of the…

FIs face disconnect in consumer desires for innovation, security

December 1, 2017

Despite the banking industry's efforts to embrace innovation, consumers in the U.K. remain wary about sharing their data, according to a recent survey by NCR…

European cops bust ATM skimming, card-fraud crew

December 1, 2017

Four key members of an international criminal network responsible for ATM skimming, card counterfeiting and payment fraud were arrested Nov. 30, during a joint…

Global Financial Switch Chooses TSS Encryption Solution for Mobile Wallet Application

With more than 20,000 employees in over 80 countries and over $5B of 2016 revenue, this Midwest-based TSS client needed a customized, compliant encryption…

Presented by Trusted Security Solutions, Inc.

West Coast Bank Employs TSS Automated Security Key Management System

Self-service kiosks are changing the way the world does practically everything. Even though kiosks grow in prevalence, many do not contain the built-in, secure…

Presented by Trusted Security Solutions, Inc.

Do bitcoin and blockchain have a future in financial services?

Distributed ledger technology undoubtedly has characteristics that could improve payment processing efficiency and security ... if financial service providers…