Gasper produces white paper on ATM fraud

May 20, 2003

DAYTON, Ohio -- Gasper Corporation, a provider of self-service management software, has released a white paper on detecting ATM fraud.

President learns hard way not to carry PIN with ATM card

May 12, 2003

BOGOTA, Colombia -- Colombia's president, Alvaro Uribe, lost a wallet containing his ATM card, and within hours someone illegally withdrew $4,200 from his…

Host security module maker targets credit unions with marketing alliance

May 12, 2003

ROCKLIN, Calif. -- Futurex, Inc., a provider of payment security products for the financial industry, has formed a strategic alliance with XP Systems, a unit…

S. African pensioners victimized by low-tech ATM scam

May 11, 2003

GAUTENG, South Africa -- While Canada, the U.S. and other countries try to cope with increasingly sophisticated fraud schemes perpetrated by criminals using…

Losses rise in Boston area skimming scam

May 8, 2003

BOSTON -- Police are seeking two men suspected of stealing more than $70,000 in an ATM skimming ATM scam, according to a report in the Boston Globe.

Skimmers hit another Canadian bank ATM

May 7, 2003

MONTREAL -- Thieves apparently cloned the bank cards of 50 customers from a single Laurentian Bank branch and emptied their bank accounts during a recent…

Good Samaritan has bad luck at ATM

April 24, 2003

EUGENE, Ore. -- When Carol Kurtis' ATM transaction was interrupted by a medical emergency, she didn't hesitate to help. Unfortunately, someone else didn't…

Canadian ATMIA chapter to host risk management workshop

April 24, 2003

TORONTO -- The new Canadian chapter of the ATM Industry Association (ATMIA) will present a workshop on "Making Risk Management Work for ATMs: Identification…

3 men arrested in Moscow skimming case

April 22, 2003

MOSCOW -- Moscow investigators have arrested three men who they claim stole $700,000 from bank accounts in what officials believe to be the biggest card fraud…

Court order prevents student from disclosing method of hacking into campus card system

April 17, 2003

ATLANTA -- Fifteen minutes before he was to lecture on security flaws in a debit card system used on 223 college campuses, 22-year-old Billy Hoffman learned a…

Mass. residents nicked for $50,000 by ATM skimming ring

April 16, 2003

NEEDHAM, Mass. -- At least 15 Needham residents lost an estimated total of $50,000 in fraudulent Fleet Bank ATM withdrawals earlier this month, according to a…

Consumers increasingly unhappy with how banks handle unauthorized ATM transactions

April 15, 2003

LOS ANGELES -- There appears to be a growing friction between banks and customers claiming losses, as crooks use increasingly innovative tactics to appropriate…

N.J. armored operator indicted on bank fraud

April 14, 2003

TRENTON, N.J. -- A federal grand jury on April 14 indicted Daniel Antolini III, the 47-year-old owner/operator of Executive Cash Services, on charges of bank…

Australian government may mandate added ATM security measures

April 8, 2003

MELBOURNE, Australia -- Australian banks may be forced to employ security guards or use monitored video cameras at some ATMs to protect customers, under…

Delayed decisions on Triple DES

April 3, 2003

Despite MasterCard's pending April 2005 deadline for Triple DES encryption on ATMs, manufacturers have not yet seen a major increase in orders. Various market…

Evidence suppressed in S. African case; Diner's Club alleges businessman part of ATM scam

March 30, 2003

DURBAN, South Africa -- International academics are outraged about a court order preventing the media or any witnesses from publicly exposing the computerized…

Former cops face charges in La. ATM thefts

March 27, 2003

SHREVEPORT, La. -- Two former policemen were indicted on March 27 on charges that they plotted to steal money from ATMs.

Networks increase oversight of sponsor banks

Picture the ATM business as a high school prom. ISOs are the teenagers that make much of the activity happen. EFT networks are the high school principals who…

Tranax says all new ATM hardware, software is TDES compliant

March 27, 2003

FREMONT, Calif. -- Tranax Technologies says that all of its ATMs now available for shipment, including the Nano Cash, are fully compliant with Triple DES…

Police believe latest ATM scam led by 17-year-old

March 25, 2003

NASSAU, Long Island -- Authorities arrested a 17-year-old high-school student they believe created up to 1,000 bogus credit cards using card data and PINs from…