Tyfone partners with AFS to combat fraud

June 20, 2025

Tyfone, a digital banking company, partnered with Advanced Fraud Solutions to provide an ACH fraud prevention solution. In particular, Tyfone will integrate…

Anti-money laundering market to reach $9.38B

June 12, 2025

The anti-money laundering market will grow from $4.13 billion to $9.38 billion by 2030, according to a MarketsandMarkets report. The projection represents a…

Spokane eyes ban on cryptocurrency kiosks amid surging scams

June 3, 2025

The Spokane City Council is considering an ordinance that would ban cryptocurrency kiosks within city limits, citing a significant increase in scams, according…

ParaScript upgrades check recognition solution

June 3, 2025

ParaScript, an AI document processing company, has improved its check recognition solution CheckXpert.AI with an endorsement reading feature. The feature can…

Texas police arrest 13 in ATM theft ring sting

February 28, 2025

Police in Fort Worth, Texas have arrested 13 men for allegedly participating in an ATM theft ring that targeted at least 70 ATMs in the area. Authorities made…

Sheriff finds card-skimming devices at Bank of America California location

May 17, 2021

Sheriff officials in Victorville, California recently discovered skimming devices at ATMs at a Bank of America location in that city, according to a report by…

Six arrested in connection with Bitcoin ATM money laundering

March 24, 2021

The FBI arrested six people in the town of Keene, New Hampshire, on money laundering charges.

SentiLink launches ID theft scores

March 23, 2021

SentiLink, an identity verification technology company, is expanding its services to include ID Theft Scores as a complement to its Synthetic Scores, which are…

Romanian National ATM skimmer sentenced to 4 years in federal prison

March 11, 2021

A Romanian National was sentenced to federal prison on March 11 for his role in a bank fraud scheme using counterfeit credit and debit cards to withdraw money…

Skimming device targeted Delaware County banks

November 9, 2020

Unauthorized cash withdrawals from ATMs that compromised hundreds of Delaware County bank customer accounts in 2019, has led authorities to a federal bank…

Navy Federal Credit Union fraudster faces sentencing

October 28, 2020

Romanian immigrant, Aurel Eremia, is scheduled to be sentenced for his involvement in the 2014 Navy Federal Credit Union ATM skimming scheme, according to a…

ATMIA and PCI warn of ATM cash-out threat

October 9, 2020

The PCI Security Standards Council and the ATM Industry Association are warning financial institutions and payment processors of an emerging attack known as…

Man dupes ATM users in India

September 18, 2020

A 33-year-old man was arrested in Mumbai for duping people under the guise of helping them withdraw cash from an ATM, according to a report in Outlook India.

US agencies warn banks North Korean hacking operation is back

August 27, 2020

A joint advisory from the Cybersecurity and Infrastructure Security Agency, the Department of the Treasury, the Federal Bureau of Investigation and U.S. Cyber…

FIA arrests ATM scammers wanted by FBI

June 30, 2020

A gang of six alleged ATM scammers, two wanted by the FBI for an alleged bank robbery in New York, were arrested in Lahore, the second largest city in India…

Israeli bank pleads guilty in hiding $7.6 billion from the IRS

May 1, 2020

The largest banking system in Israel, Bank Hapoalim, pled guilty in Manhattan's federal court on April 30 for helping its U.S. clients hide approximately $7.…

ABN Amro, DXC invest in digital banking software startup Fenergo

February 13, 2020

Mastercard opens cyber research center in Vancouver

January 23, 2020

Mastercard has opened a Global Intelligence and Cyber Centre in Vancouver, Canada, allowing it to research digital and cyber security, artificial intelligence…

Hackers stole $1.66M from German bank OLB by cloning EVM cards

September 6, 2019

EVM (chip and pin technology) was supposed to help make credit and debit cards safe from fraud, but it isn't completely foolproof. 

Diebold expands services across First Horizon's ATM network

July 18, 2019

ATM manufacturer Diebold Nixdorf Inc. has expanded its services with Memphis-based First Horizon National Corporation, the parent company of First Tennessee…