Revised best practices guide counters ATM skimming scourge

May 4, 2016

The ATM Industry Association has published an updated manual of best practices for the prevention of skimming and card data compromise at ATMs.

Banking via mobile: Does 'BYOD' mean 'bring your own disaster'?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The great thing about banking via mobile device is its convenience. The not-so-great thing is device owners' penchant for downloading things they shouldn't. A…

Software providers partner on multifactor omnichannel security solution

April 29, 2016

Banking solutions provider Infosys and security software developer Onegini have partnered to integrate the Onegini mobile security platform with Finacle…

Fraud prevention solutions saved FI clients $40M in 2015, TMG says

April 26, 2016

Fraud detection and prevention strategies implemented by payments processor TMG saved the credit union service organization's clients more than $40 million in…

ATM security: What can we learn from a hacked iPhone?

The ATM industry needs reliable security solutions to address increasing threats — without speculation as to whether there are or should be security backdoors.

Report examines growing threat from ATM malware

April 25, 2016

The Europol European Cybercrime Center and Trend Micro have announced their latest joint report, "ATM Malware on the Rise." The document offers an overview of…

Report: Cybercriminals organizing, functioning like legitimate businesses

April 22, 2016

Trustwave has issued its "2016 Trustwave Global Security Report," which details the top cybercrime, data breach and security threat trends from 2015.

FIs unseated as top targets of cybercrime

April 21, 2016

The retail sector claimed the unenviable No. 1 position on the list, experiencing almost three times as many attacks as the financial sector last year.

WesTech intros check fraud detection featuring Parascript

April 19, 2016

The solution identifies counterfeit checks, finds CAR-LAR mismatches and protects against signature forgeries, the company says.

In Europe, surging costs from ATM skimming, physical attacks

April 14, 2016

According to EAST's full-year 2015 report, card fraud carried out in non-EMV markets remains a huge headache for European issuers; locally, lower-tech card…

UL OK'd by Diners Club for contact, cardless E2E terminal certification

April 11, 2016

UL can now guide organizations that accept Diners Club cards through the payment terminal end-to-end certification process, ensuring global interoperability of…

FICO: ATM compromises rocket to all-time high in 2015

April 8, 2016

The company says that criminals are attacking terminals over shorter periods of time as a way to avoid detection, and that nonbank ATMs have been hit…

Chase rethinks ATM cash limits for noncustomer withdrawals

April 4, 2016

After upping its per-transaction limit to $1,000, the FI saw some eyebrow-raising cash withdrawal amounts from noncustomers.

Diebold to feature futuristic ATM tech at Money 20/20 Europe

April 4, 2016

At this week's exhibition in Copenhagen, the company will highlight its screenless ATM and touchscreen PIN entry encryption.

Cuscal Limited Selects Fiserv to Enable Delivery of Automated Cash and ATM Network Management for Financial Institutions

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Cuscal Limited, a leading provider of…

Survey: 73 percent of US companies targeted by fraudsters in 2015

April 1, 2016

Even without a substantial financial loss, payments fraud costs American organizations resources in the form of security, cyber insurance and training, the…

EMVCo intros 'payment account reference' to link tokens, accounts

March 29, 2016

PAR can enhance security by limiting references to a cardholder's primary account number within the payment ecosystem, the standards organization says.

Study turns up lackluster stats on EMV in the US

March 28, 2016

A study by CardHub finds that more than half of consumers do not understand the difference between card security standards and don't care whether a retailer's…

Study: Some employees willing to sell company passwords

March 25, 2016

In some cases, employees say they would be willing to sell their corporate passwords for as little as $150.

CU24 taps FICO Card Alert Service for ATM fraud monitoring

March 21, 2016

The company says that it will rely on the service for fraud monitoring on more than 325,000 ATMs used by credit union members.