ATM Fraud Innovation social media 
Abrigo
APRIL 2, 2020
Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period.
PYMNTS
JANUARY 30, 2020
In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. As fraud evolves, old forms of cybersecurity are not enough to keep up criminals’ increasingly innovative attacks.
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PYMNTS
OCTOBER 30, 2020
Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.
Accenture
OCTOBER 9, 2017
Nowadays, communication is dominated by e-mail, texts and social media posts in volumes that dwarf those of the past using paper. They may endure for many more years, but as an innovation of the 1960s, they are inefficient, expensive and fraud-prone, unsuited to the atomized payments landscape. Precedent and Implications.
PYMNTS
JUNE 24, 2019
Europol has found evidence of money laundering at cryptocurrency ATMs. The BIS remarks came on the heels of Bank of England Governor Mark Carney’s statements that Facebook’s announcement shows digital currency cannot be unregulated like social media. Beyond Cryptocurrencies.
PYMNTS
JANUARY 31, 2020
Banks such as BMO Harris Bank are heavily funding PIN authentication, real-time check scanning and ATMs to meet this demand, but they are discovering an unexpected benefit for bank staff as well. Old forms of cybersecurity are not sufficient to keep pace with fraudsters’ increasingly innovative attacks.
PYMNTS
AUGUST 13, 2018
MarketWatch , citing comments from Triton’s co-founders, reported that the student-run fund believes the subscription model is actually a solid innovation that isn’t going away anytime soon – and that the low share price offers an opportunity. It also provides support for more than 34,000 ATMs around the U.S.
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