ABA advisory outlines cyberthreats targeting payments players

December 5, 2016

A new advisory from the American Bankers Association offers information and recommendations to help merchants, payments processors and others…

MasterCard to use AI for fraud detection

December 2, 2016

MasterCard has introduced Decision Intelligence, which the company described in a press release as a comprehensive decisioning and fraud detection service. The…

A funny thing about ATM PIN security ...

November 29, 2016

Earlier this month, the German card security organization, Kartensicherheit, premiered its latest comedy short, "PIN Bootcamp."

Crimestoppers, Link re-up for ninth year

November 22, 2016

Crimestoppers, a group that seeks to stop ATM attacks, and Link, the U.K. ATM network, have renewed their partnership for a ninth straight year, the…

Cybercriminals not just focused on 'big guys,' fraud expert warns

November 17, 2016

In recognition of International Fraud Awareness Week, happening Nov. 13-19, TMG Fraud Prevention Manager Ashley McAlpine is warning that distributed denial of…

US tops list of locations for ATM fraud losses in EAST report

November 15, 2016

The European ATM Security Team has published its third European fraud update for 2016. The report is based on country crime updates provided by representatives…

US Payments Forum committee to address contactless, mobile payments issues

November 14, 2016

The U.S. Payments Forum has formed a mobile and contactless payments working committee to explore opportunities, challenges, possible approaches and practical…

Mobey Forum puts its finger on the biggest risk in mobile banking

November 14, 2016

What's the biggest risk in mobile banking? Surprise, surprise: human fallibility.

Fiserv, CrowdStrike partner to provide multilayered cybersecurity solution for FIs

November 10, 2016

Fiserv has announced it will add CrowdStrike SaaS-based endpoint protection technology to its multilayered Sentry Cyber Security offerings.

Tesco Bank confirms online account breach, theft of funds

November 8, 2016

Tesco Bank Chief Executive Benny Higgins has confirmed an online attack on the bank's systems last weekend that, "in some cases, resulted in money being…

ATM Marketplace: The October top 5

Scary items — EMV and ATM skimming — bookend our list of most-read stories for the month. Catch up here on any you might have missed before we get to that…

New Axis surveillance cameras combine enhanced image quality, affordable price

November 3, 2016

Axis Communications, a provider of network video, has updated its P32 Series, a range of affordable cameras that provide outstanding image quality in any light…

'Who's gonna miss a donut?': Is it fair game to try to beat the (automated) system?

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

If, as one criminologist suspects, one-third of us are willing to fudge a little at the grocer's self-service checkout, maybe somebody needs to rethink a few…

Hitachi seeks to end new trend in ATM fraud

November 1, 2016

Even with their reputation for fastidious manners, it seems unlikely the Japanese would take serious issue with an ATM user talking on a mobile phone while…

Advanced analytics platform helps FIs detect unknown cyber, operational threats

October 28, 2016

ThetaRay, a specialist in big data anomaly detection, has released Theta, described as a "newly advanced build" of the company's analytics platform.

FIDO, EMVCo to develop security standard for mobile payments

October 28, 2016

FIDO Alliance, the industry consortium developing open, interoperable authentication standards, will work with EMVCo to add convenience and security to…

Decoding ATM transaction messages for EMV analytics

by Stacy Gorkoff — marketing, INETCO

You might have reached "all ATM terminals go" EMV nirvana, but that doesn't necessarily mean that you're out of the chargeback zone — yet.

Report: Card fraud losses see stunning spike in 2015

October 26, 2016

Banks and merchants worldwide shouldered total fraud losses of $21.84 billion in 2015 on payment card purchases totaling $31.31 trillion, reveals new research…

It's time to redesign card technology for ATMs

The ATM industry could benefit greatly from the banks' drive to implement new, consumer-driven contactless and smartphone-based technologies.

Businesses mostly hit by known cyberthreats, not new attacks

October 24, 2016

A new research report from AT&T, "The CEO's Guide to Navigating the Threat Landscape," asserts most cyberattacks affecting businesses are not new and novel…