Which nation ranks No. 1 in card fraud? (Hint: It's not the US)

August 10, 2016

A recent Aite Group study indicates that Mexico has become the top spot for card fraud with even greater numbers of victims there than in the United States…

Drones: The next ATM security threat?

August 8, 2016

Would-be thieves apparently have come up with yet another way to steal the PINs of unwary ATM users. 

Payments forum white paper highlights EMV chargeback practices

August 3, 2016

The U.S. Payments Forum, formerly the EMV Migration Forum, has released a white paper highlighting chargeback best practices.

Smartwatch Ado About Nothing (or, How to get rich slowly as an ATM fraudster)

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

There's been a lot of hoopla lately about a group of researchers who developed an algorithm for stealing PINs from smartwatches. But as ATM fraud headaches go…

Cops seek crooks, cash after $2.6M ATM jackpotting in Taiwan

July 21, 2016

Authorities in Taiwan have been busy rounding up suspected criminals and stolen cash following an early-July jackpotting spree that netted $2.6 million in a…

EAST finds use of ATM card reader internal skimmers on the rise

July 14, 2016

The European ATM Security Team has published its second European Fraud Update for 2016. The update is based on country crime updates provided by…

TMD rolls out long-bezel skimmer defense for NCR SelfServ ATMs

July 6, 2016

TMD Security, a provider of anti-skimming solutions for ATMs and self-service terminals, has rolled out a new defense against long-bezel skimmers, which…

'Mystifying and problematical': NAC's ATM skimming survey

by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association

A recent survey polling independent ATM deployers confirms that card skimming is 'very limited' at retail ATMs ... or does it?

IAD survey finds low incidence of card compromise at nonbank ATMs

June 21, 2016

The National ATM Council has formally published the results of its study of skimming at nonbank ATMs. According to a NAC press release, of the U.S.-based…

Why EMV won't keep card-skimming crooks away from ATMs

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As long as plastic cards continue to have that stripe on the back, ATMs will continue to be a magnet for fraud.

New study hangs price tag of nearly $11B on US card fraud

June 9, 2016

LexisNexis Risk Solutions has published a new study, "Issuers Confront Application Fraud and Account Takeover in a Post-EMV U.S.," that assigns a dollar value…

New research tracks rapid rise of ID theft, fraud

June 9, 2016

More than half of internet households have experienced fraud or identity theft. Of these, 3 in 10 say that stolen information was used for unauthorized…

Software integration streamlines predictive analytics updates

June 2, 2016

Fiserv Inc., a provider of financial services technology solutions, has announced that it will integrate the ADAPA solution from Zementis Inc. into…

Battling ATM crime with a blunt sword

While international crime groups are acting fast, intelligently and with the backing of huge amounts of money, industry players are fighting in single…

Study predicts major rise, fall in US counterfeit card fraud through 2020

May 25, 2016

Aite has published a new study that tracks a massive and rapid increase in card fraud in the U.S. as the nation's POS and ATM systems make the transition to…

Japanese ATM heist: 100 money mules; 120 minutes; $12.7 million

May 23, 2016

Eight days ago, approximately 100 thieves bearing a combined total of 1,600 counterfeit bankcards emptied some 1,400 ATMs across Japan in a coordinated and…

ATM as bad actor: Gang enlists machine's help in skimming ops

May 19, 2016

Kaspersky Lab has released information about a Russian-speaking "Skimer" group that forces ATMs to assist them in stealing users' money. Instead of installing…

Best-in-Class Anti-Skimming Solution: ECS4-in-1 from ACG!

ACG is proud to offer the premier anti-skimming solution available in the market today. ECS4-in-1 is an award-winning anti-skimming device and the ONLY…

Europe, Latin America partner to combat card fraud, ATM attacks

May 9, 2016

The European ATM Security Team has joined with the Latin American Association of Operators Electronic Funds Transfer and Information Services to combat…

Revised best practices guide counters ATM skimming scourge

May 4, 2016

The ATM Industry Association has published an updated manual of best practices for the prevention of skimming and card data compromise at ATMs.