Singapore banks considering move to chip

August 14, 2002

KUALA LUMPUR -- Singapore banks have yet to decide on whether to convert their ATM cards and ATMs to chip-based technology, in the wake of a recent…

Debit card scam leads to police warning in Canada

August 7, 2002

LONDON, Ontario - Police in the Canadian province of Ontario are alerting citizens to be careful when making debit-card purchases after one purchase led to the…

NYC credit union members take $15M in 9/11-related ATM fraud

August 5, 2002

NEW YORK -- Prosecutors are investigating up to 4,000 people who allegedly used ATMs to steal $15 million from a municipal employees' credit union in the…

Malaysian ATMs back on shared network

August 1, 2002

KUALA LUMPUR, Malaysia -- The electronic linkage among Malaysian ATMs has resumed, although within restricted hours as banks are still on alert until the…

ATM industry mobilizes for fraud fight

July 30, 2002

All who convened in Washington D.C. for the inaugural meeting of the Electronic Funds Transfer Association's ATM Integrity Task Force agreed that ATM fraud has…

Payment consortium endorses Triple DES specifications

July 23, 2002

WESTON, Fla. -- A consortium of electronic payments industry suppliers is proposing the first global interoperable method for Triple DES session key…

Alleged ATM thief not camera shy

July 7, 2002

CHICAGO -- After police arrested a trio of suspected thieves who nabbed more than $1 million from 70 ATMs in the past year-and-a-half, the men confessed and…

EFTA forms task force to address skimming at ATMs

July 7, 2002

HERNDON, Va. -- The Electronic Funds Transfer Association will host a meeting designed to bring together various sectors of the EFT industry to fight the…

Hacker accesses bank site's data

July 2, 2002

OKLAHOMA CITY, Oklahoma -- Home National Bank on June 27 admitted that its computers were cracked by a foreign hacker who stole confidential information such…

Indiana state worker charged with EBT fraud

July 1, 2002

SOUTH BEND, Ind. -- Seneithea K. Griffin, a 29-year-old St. Joseph County caseworker, has been charged with bilking taxpayers out of as much as $250,000 by…

Japanese police think ATM blast caused by security employee

June 27, 2002

OSAKA, Japan -- Authorities now believe an employee of a security company who refilled ATMs with cash may have been involved in an explosion at an ATM…

More Malaysian banks sever network links

June 27, 2002

KUALA LUMPUR, Malaysia -- The number of financial institutions that have suspended their ATM links with the inter-bank Malaysian Electronic Payment System…

Malaysian bank fast tracks ATM smart card program

June 26, 2002

PETALING JAYA, Malaysia -- Bumiputra Commerce Bank Bhd (BCB) has discontinued its links with the inter-bank network Malaysian Electronic Payment System (MEPS)…

New Thales host security module offers integration with IBM System 390

June 25, 2002

SUNRISE, Fla. -- Payment security provider Thales e-Security has introduced the RG7710, anaddition to its range of Host Security Modules (HSMs) that, together…

Malaysian authorities warn banks about ATM fraud

June 24, 2002

KUALA LUMPUR, Malaysia - Police in Kuala Lumpur have recommended that banks take steps to prevent any foreign objects from being installed in ATM machines…

Explosion at ATM injures four in Japan

June 18, 2002

OSAKA, Japan -- Four people were injured, one critically, in an explosion at a bank of ATMs inside a building in downtown Osaka, Japan, on June 18. Police are…

Malaysian thieves siphon money from accounts

June 17, 2002

PETALING JAYA, Malaysia - Thieves using fake ATM cards and access to computer accounts stole RM100,000 ($26,000) from customers at four Malaysian banks the…

HP intros processors designed for Triple DES needs

June 5, 2002

PALO ALTO, Calif. -- HP (NYSE:HPQ), formerly known as Hewlett Packard, has introduced three Atalla Network Security Processors (NSPs), a series of computers it…

FBI investigating Boston Brink's robberies

May 29, 2002

BOSTON -- Boston authorities are looking for a man who dressed like a guard to rob a Brink's truck at gunpoint of more than $1 million outside an ATM on May…

Triple DES dare you

First Y2K. Then ADAAG. The latest acronym to inspire industry-wide angst is DES - as in Data Encryption Standard - or more accurately, Triple DES.