States want safe harbor for FIs serving legal cannabis industry

January 18, 2018

A bipartisan group of state attorneys general is urging Congressional leaders to enact legislation that would allow marijuana dispensaries to participate in…

Visa launches pilot test of biometric EMV cards

January 16, 2018

Visa has initiated the first commercial test of an EMV dual-interface payment card with on-card biometric ID, according to a press release. 

ATM deployers report double-digit crime surge in 2017

January 12, 2018

The ATM Industry Association has published the results of its 2017 Global Fraud and Security Survey in which more than half of respondents (54 percent…

Visa boards the signature-free EMV bandwagon at last

January 12, 2018

Visa has now joined the other major card networks in eliminating the signature requirement for consumer purchases made in the U.S. with an EMV-enabled…

Brink's to buy Brazilian cash-handling business

January 11, 2018

The Brink's Co., a provider of cash management, secure logistics and security solutions, has agreed to purchase Brazil-based Rodoban for approximately $14…

Securing ATMs against Meltdown and Spectre

Meltdown and Spectre should be taken seriously by ATM operators. However, by concentrating on what's important and actively applying the best security…

UK government, industry reps aim to stem surge in ATM explosive attacks

January 9, 2018

Executives from Newcastle, England-based ATM security company Lockpoint will meet this week with U.K. officials to discuss a persistent trend of gas attacks…

AML, KYC and the smartphone

New mobile technologies make it possible for payments companies to leverage consumers' smartphones as an identity device, enabling compliance with AML and KYC…

Gemalto to launch first contactless biometric EMV card

January 4, 2018

The Bank of Cyprus has selected Gemalto, a digital security provider, to supply the world's first EMV biometric, dual interface payment card for chip and…

Security: The key to consumer acceptance of cardless ATMs

Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology…

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…