FICO intros Card Compromise Manager antifraud solution

June 16, 2017

Silicon Valley analytics firm FICO has launched FICO Card Compromise Manager, an antifraud solution that detects and prioritizes compromised merchants and data…

TSYS introduces machine-learning platform to fight fraud

June 13, 2017

TSYS, in conjunction with Featurespace, has introduced TSYS Foresight Score with Featurespace.

Financial industry foresees no letup in fraud, survey finds

June 13, 2017

Financial and payment professionals do not anticipate any respite from cyberfraud and cyberattacks in the near future, according to a recent survey conducted…

European ATM Security Team announces expanded mission, new name

June 9, 2017

The European ATM Security Team is changing its name to the European Association for Secure Transactions in line with a new strategic direction for the…

AI yields 20 percent improvement in efficiency of AML efforts

June 8, 2017

HSBC Holdings PLS has tapped Silicon Valley-based Ayasdi Inc. to integrate artificial intelligence into its anti-money laundering process following a…

ATM skimming detection minus the downtime: More than a myth?

ATM malware makes for big headlines, but ATM skimming still makes up the bulk of ATM attacks worldwide. Many deployers think antiskimming solutions require a…

NYC makes ATMs 'safe as (station) houses'

June 2, 2017

New York City has come up with possibly the most practical solution ever for fighting ATM-related crime: Put ATMs in police stations.

Authorities deny report of facial ID mandate for Hong Kong ATMs

June 2, 2017

In early May, the government of Macau announced that ATMs in the territory must be equipped with facial recognition and ID-reading technology.

Account takeover, application fraud rising fast, study finds

June 2, 2017

Two of the largest challenges facing financial institutions are identity-related, according to the new Aite Group Impact Report, Financial Institution Fraud…

3 surefire ways to protect your ATM network

Compromised ATMs are costly in terms of monetary loss and reputational damage. ATM network operators must protect themselves and their customers with a…

TMD shockwave-triggered note-bonding 'changes the rules' of ATM explosive attacks

May 24, 2017

TMD Security has announced the release of the TMD Security Note Bonding Kit, an addition to the company's portfolio of physical security solutions focused on…

European authorities round up 27 suspects in ATM 'black box' attacks

May 24, 2017

A law enforcement action involving the cooperation of several EU member states, Norway and the Europol European Cybercrime Center has paid off with the arrest…

Spanish ATM network goes contactless with NCR technology

May 24, 2017

Euro Automatic Cash has partnered with NCR Corp. in an effort to transform its ATM network to be more reflective of the company's new image and corporate…

Fiserv platform integrates cybersecurity for digital banking

May 24, 2017

Fintech provider Fiserv Inc. has announced the availability of SecureNow, a centralized, real-time cybersecurity platform designed specifically for online…

That'll teach those guys to be industrious!

May 19, 2017

At 5:45 a.m. in the town of Sungai Petani, Malaysia, concerned citizens alerted local police to an apparent ATM theft in progress at a bank branch.

NAC serves up a new ATM survey and spins an old fallacy

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The National ATM Council has repeatedly said that big banks control FICO and use it as a propaganda tool to make retail operators look bad. Yet, the hard data…

Giesecke & Devrient debuts bank note security technologies

May 16, 2017

The former Giesecke & Devrient Banknote business unit debuted as the Giesecke & Devrient Currency Technology independent subgroup at this year's…

Wanna stop WannaCry? Take these 3 steps

May 15, 2017

Since its discovery on Friday, May 12, the WannaCry ransomware attack has continued to spread, according to numerous media accounts.

Millennials likely to bail on banks, card companies in case of false declines

May 12, 2017

Iovation, a provider of device-based consumer authentication and fraud prevention solutions, has released findings from its study of the effects of false…

In AML push, Macau mandates facial recognition at ATMs

May 12, 2017

The government of Macau has announced that ATMs in the territory must be equipped with facial recognition and ID-reading technology, which China UnionPay…