One third of UK adults are victims of card fraud

by Lachlan Gunn — Director, BenAlpin Ltd

According to the annual Card Fraud Index released yesterday by life assistance company CPP, Card fraud has now affected a total of 13 million people in the UK…

Diebold signs outsourcing agreement with bank in Colombia

January 17, 2011

Diebold Inc. today announced that it has signed a seven-year outsourcing contract with Colombia’s third-largest bank based on assets. As part of the agreement…

ATMcommunity promotes jitter technology to combat ATM skimming

December 28, 2010

The ATMcommunity has recommended deployment of jitter technology as an effective tool in combating ATM skimming, a growing financial crime. "Jitter technology…

"Flash Attacks" Make Big Money for Debit and Credit Card Scammers

by Robert Siciliano — speaker, IDTheftSecurity.com

The latest ATM scam is so brilliantly simple, it’s hard to believe that it actually works. Apparently, banks’ fraud detection systems are unable to flag nearly…

It's snowing and cold outside, but Diebold's latest ATM doesn't mind

November 30, 2010

With temperatures dropping and snow blowing, Diebold Inc. yesterday introduced an ATM cash dispenser that financial institutions can deploy outdoors. The ATM…

Card–skimming attacks at ATMs continue

November 17, 2010

Card-skimming attacks at European ATMs have continued since the European ATM Security Team (EAST) issued its six-month report in October.

Would you use a biometric solution to authorise a transaction at an ATM?

by Lachlan Gunn — Director, BenAlpin Ltd

In a website research poll conducted by the European ATM Security Team (EAST) from July to September 2010 73% of the respondents would not use the technology…

Live ATM Skimming Video Confiscated

by Robert Siciliano — speaker, IDTheftSecurity.com

ATM skimming, the top ATM-related crime, accounts for about $350,000 in fraud every day in the United States, exceeding a billion dollars a year.    

How Innovation Leads to Profit at the ATM

by Alan Walsh — Head of US Banking, Wincor Nixdorf

The retail banking industry first introduced self-service banking solutions nearly 50 years ago, with the “Bankograph” – an automated envelope deposit machine…

First Data reports a higher third-quarter net loss on higher revenue

November 3, 2010

First Data Corp. today reported a larger net loss on improved revenue for the third quarter ended September 30. The Atlanta-based ATM owner and payments…

Card trapping incidents decline, but thieves get more from the attacks

Card trapping incidents unexpectedly declined in Europe, and no one is sure why.

The End of the Magnetic Stripe On Payment Cards?

by Lachlan Gunn — Director, BenAlpin Ltd

EAST, the European ATM Security Team, has just released European ATM crime statistics for the period January to June 2010. The figures show a 24% increase in…

Thieves launch more skimming attacks at European ATMs, but the haul is smaller

Card-skimming attacks at European ATMs increased from January through June compared with the same six-month period last year.

Top 5 Credit/Debit Card Skimming Attacks

by Robert Siciliano — speaker, IDTheftSecurity.com

Credit card fraud is a multi-billion dollar industry. Skimming is one of the financial industry’s fastest-growing crimes, according to the U.S. Secret Service.

FBI agents arrest two women for ATM Solutions robbery

October 3, 2010

FBI agents have arrested and charged two women in connection with the armed robbery of the St. Louis office/warehouse of ATM Solutions Inc. News reports…

Interac offers ATM ISOs alternatives to comply with chip migration

The Interac Association has given Canada’s ISOs two alternatives to comply with the country's first EMV deadline for cash dispensing, non-deposit ATMs.The…

Wincor Nixdorf signs ATM deal with British bank

Wincor Nixdorf AG has signed a contract to deploy ATMs for Metro Bank, London’s newest bank. Wincor Nixdorf will deploy 120 ATMs over two years for Metro Bank…

More ATM Skimmers Being Used By Gangs

by Robert Siciliano — speaker, IDTheftSecurity.com

A report issued by the FTC finds that customers in the process of withdrawing cash from ATMs are more likely to be victims of ATM fraud than a direct, physical…

Barclays' ATMs stopped working for a time Saturday

August 23, 2010

An undisclosed number of Barclays Bank ATMs stopped working Saturday afternoon, inconveniencing cardholders who were unable to withdraw cash from the machines…

Anti-skimming Technology and EMV for the ATM

While many countries are moving to chip and PIN/EMV, criminals are migrating to those regions that still rely on the magnetic stripe. Understanding the…