Europol predicts major changes in criminal landscape

March 10, 2015

'Criminal entrepreneurs' will come together on a project basis, lending their expertise as part of a 'crime-as-a-service' business model, the report finds.

Fiserv adds solutions to Financial Crime Risk Management Platform

March 10, 2015

The new components can help financial crime prevention professionals to more effectively detect, investigate and resolve crimes, the company says.

ATM card skimming in 2015: Crime waves, countermeasures and case studies

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A free March 12 webinar will investigate trending ATM skimming methods, new anti-skimming safeguards, and strategies major FIs have used to foil thieves.

New coalition to develop wireless ATM standards

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

The alliance aims to facilitate a strong, secure transaction environment without resting significant security compliance responsibility on ATM operators.

Anti-skimming solution protects DIP data without taking down the ATM

March 5, 2015

The Active DIP Kit from TMD allows continuous card data jamming — previously limited to motorized readers — on DIP card reader-equipped ATMs and SSTs.

Could you root out a rootkit?

The stealthiest of all malware, a rootkit can go undetected for years — all the while stealing data from your computer system.

CMS provider Tidel gains backing of private investment firm

February 27, 2015

With the backing of Graham Partners, Tidel plans to expand its product portfolio, increase share in its core customer base, and enter new markets.

ValidSoft, FICO anti-fraud partnership scores another win

February 26, 2015

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

Kalpana: A 'magic bullet' for the ATM industry?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

NCR aims to maximize ATM security and minimize ATM cost of ownership with a bold new Android-based thin client operating system.

G&D offers white label mobile cloud payment service for FIs

February 24, 2015

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

Biometrics-based ATM authentication — without a hardware upgrade

February 20, 2015

The solution requires no retrofitting of ATMs, and it establishes secure two-way SSL communication between the ATM and a biometric open protocol…

Two UK banks add Apple Touch ID

February 19, 2015

RBS and NatWest have become the first financial institutions in the region to add fingerprint sensor functionality to their mobile banking apps.

SSL no longer acceptable for data protection, PCI SSC says

February 17, 2015

Weaknesses in the secure socket layers protocol will require revisions to the PCI DSS — and upgrades to providers' encryption methods.

White House info sharing plan wins favor with ABA

February 17, 2015

The group encouraged Congress to craft legislation that protects merchants against frivolous lawsuits when voluntarily sharing information. …

Kaspersky ties Carbanak cybergang to $1B bank heist

February 17, 2015

A combined effort by Kaspersky Lab and various legal authorities has uncovered as much as $1 billion in cybertheft from financial institutions worldwide.

HID Global provides instant issuance solution to Greek FI

February 17, 2015

The solution is now in use at 300 Piraeus Bank branches, replacing the more expensive and time-consuming system of sending EMV debit cards by mail.

The bitcoin-ISIS connection

An analyst says he has found proof that the terrorist organization is using virtual currency to fund its operations.

Webinar: ATM card fraud prevention – achieving maximum security and convenience

This webinar discusses a practical approach to achieving the right balance between maximum security, availability and customer convenience.

MasterCard plans $20M spend to fight cyberthreats in 2015

February 13, 2015

Cybersecurity measures such as biometric protection for mobile apps and early warning alerts on potential threats lead spending priorities.

Visa to eliminate 16-digit account number for remote purchases

February 13, 2015

The move expands the company's Visa Token Service, which is intended to protect sensitive card information.