When a fraudster ‘borrows’ your customer’s smartphone

by Kevin Christensen — Vice President, Audit, SHAZAM

This post continues our series on risk assessment for mobile banking apps.

Citywide ATM unleashes an armored pitbull

June 14, 2013

Citywide ATM, a nationwide seller, distributor and processor of ATMs, has announced the introduction of a new custom enclosure for its ATM PitBull alarm…

Learning from EMV experience of other countries

by Terry Dooley — SVP & CIO, ITS, Inc

Recent statistics regarding the U.S. payment and fraud volumes indicate that the shift to EMV is a necessary step in order to reduce fraud.

UK's Nationwide deploys NCR anti-skimming solution

June 10, 2013

Nationwide Building Society, a 15 million-member savings and loan provider in the U.K., has opted to deploy the NCR Skimming Protection Solution. The…

Collis brand test tool integrates with Visa chip compliance reporting tool

June 10, 2013

UL Laboratories has announced that the Collis brand test tool developed by the UL transaction security team is now integrated with the Visa chip compliance…

The games that are being played!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

This weekend, Margo, my wife and business partner (with much better IT qualifications than I have) posted to our social blog, Clubs that Accept Me as a Member.

PCI SSC issues updated PIN transaction security standard

June 7, 2013

The PCI Security Standards Council has released the published version 4.0 of PIN Transaction Security Point of Interaction requirements. According to PCI SSC…

UK tech firm touts solution to contactless card fraud

June 6, 2013

About five years ago, touch-technology developers at U.K.-based Peratech began to warn of potential theft of data from contactless cards that rely on RFID for…

Triton launches updates to VersaSafe, VersaLink

June 6, 2013

Triton Systems has released updated software for its VersaSafe and VersaLink smart safes. The updates work in concert and offer increased functionality and…

Pay.on, Web Shield join forces on acquirer risk management

June 6, 2013

Pay.on AG and Web Shield Ltd. have announced a joint service agreement to bolster risk management for acquirers, ISOs and PSPs. The deal will expand Pay.on…

Unisys Security Index: Most Americans worry about data breaches

June 5, 2013

A new study by IT technology provider Unisys indicates that the majority of Americans worry about data breaches at large organizations. But they're not all on…

Orion FCU turns to Bluepoint to fight check fraud

June 4, 2013

Bluepoint Solutions has announced that Memphis, Tenn.-based Orion Federal Credit Union has selected its ImagePoint Teller solution, which the FCU will…

Webinar: Your 10-point plan to combat ATM skimming

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

You'll need a lot more than gear to win this war.

$76K in an unlocked car? Who does that?

May 31, 2013

For everyone who's ever left his unlocked car in the driveway overnight and had his wallet pinched from the console — there's an ATM repairman in Philly who…

Kenya faces growing threat from ATM fraud cartels

May 30, 2013

Kenswitch, a local payments switch provider in Kenya, is warning that the country might well see an increase in gangs carrying out card fraud. The company said…

Webinar: 10 Essential Facts to Combat ATM Skimming!

In the U.S., losses from a typical ATM skimming incident have risen 66 percent to $50,000 over the past 24 months. In Europe, losses have risen 20 percent to…

For payment security, cash is king

May 24, 2013

A recent survey by retail banking and e-payments software supplier Compass Plus, found that the use of contactless payments is falling well behind expectations…

A $45 million ATM frame-up?

May 22, 2013

In the recently reported $45 million bank theft, much attention has been focused on the fact that cash was obtained through ATM withdrawals. But the crime was…

Crooks counterfeit 'impossible to counterfeit' Canadian currency

May 22, 2013

Maybe it's a challenge that no self-respecting counterfeiter could pass up. Or maybe it's a case of public overconfidence in banknotes that are supposed to be…

Remembering John Shepherd-Barron in the age of the million-dollar ATM heist

In the '60s, there was no such word as 'cybercrime' because there was no such thing. How times have changed.