PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

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ATM Technology United States Security 117

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATMs are common avenues for fraud, however, especially those that are running outdated software. billion by 2024.

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Analytics Fraud ATM Report 266

PYMNTS

APRIL 11, 2019

Coinbase , the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., which is a Visa debit card that lets customers in the U.K. Customers are able to use the card in millions of places around the world. The Coinbase Card is only available in the U.K.,

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PYMNTS

NOVEMBER 22, 2018

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

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ATM Payments Compliance Google 187

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

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PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In

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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.

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Cards Online Fraud social media 192

PYMNTS

AUGUST 14, 2018

According to the report, citing a senior bank official, the hackers used a malware attack to clone thousands of the bank’s debit cards over the course of two days. 12 via 25 ATMs that were located in Canada, Hong Kong and India. The fraud was carried out on Aug. 11 and Aug. The hack comes as the FBI in the U.S.

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Cards ATM Fraud Course 102

PYMNTS

MAY 19, 2016

ATM skimming just got taken to the next level. Kaspersky Lab announced new research regarding a hacker collective, known as the Skimer group, that uses malware to essentially make an ATM steal users’ money. Instead of putting skimmer devices on the ATM, this group makes the entire ATM a skimming device.

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PYMNTS

JULY 13, 2016

A group of masked robbers are suspected of using a computer program to hack into ATMs in Taiwan to steal more than $2 million. The thieves are believed to have targeted more than 30 ATMs belonging to Taipei-based First Commercial Bank, The Times Of India reported on Tuesday (July 12). From there, the ATM becomes a skimmer itself.

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PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. But the technology also makes it easier to counteract attacks.

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PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

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NCR

MARCH 17, 2016

Skimming, shimming, sniffing …no they’re not symptoms of the latest flu bug but this outbreak is equally as unhealthy for the ATM community. ATM attacks and crimes have been extremely active over the past year. We have seen card skimming attacks nearly triple in the United States. Implementation of EMV chip cards at the ATM.

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ATM Trends Security Cards 40

PYMNTS

AUGUST 7, 2020

To remedy the problem, the Reserve Bank of India supports an option for offline payments through cards, wallets and mobile devices. To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. In addition, as the number of digital transactions rises, so do disputes.

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Payments Guidelines National System 267

PYMNTS

APRIL 18, 2019

Now, an unsealed indictment shows how the Manhattan DA’s office was able to take down the vendor after receiving a tip in 2017 about suspicious ATM withdrawals. Over the course of their operation, the men shipped more than 1,000 packages to buyers in 43 states, and laundered $2.3 via Dream Market, the dark web bazaar.

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ATM Online New York Bitcoin 100

PYMNTS

DECEMBER 20, 2016

Once the purview of soda machines and candy dispensers, the unattended environment now includes everything from non-bank ATMs to parking kiosks to coffee machines to fancy vending machines that dispense electronics and even cars. Here are the three data points they dug into. Data Point Number One: 61 percent.

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Security Retail Payments Data 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity.

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Maine ATM Innovation Millennials 130

NCR

FEBRUARY 21, 2017

It’s come a long way since 1967, when the very first ATM was installed in London. Today, the ATM is one of the most familiar features of the retail banking landscape. Let’s take a look at some of the key developments that have made the ATM what it is today. The ATM arrives. The introduction of the PIN.

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ATM Innovation New York City New York 85

PYMNTS

FEBRUARY 8, 2018

ALDI , the grocery store operator, is being targeted by scammers who are installing credit card skimmers on top of point-of-sale terminals in plain sight. They’ve been installing camouflaged skimmers on ALDI credit card terminals right in front of surveillance cameras. According to news from TechCrunch on Thursday (Feb.

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NCR

JUNE 30, 2017

It’s a special time for the ATM industry right now, as this week marks the 50th anniversary of the world’s first-ever commercial ATM going into operation. million ATMs are currently installed around the globe. Beyond cards and PINs. Recent forecasts from Retail Banking Research highlight that over 3.1

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ATM Video Trends Cards 92

NCR

SEPTEMBER 2, 2016

Last year, the EMV liability shift for payment terminals saw merchants become responsible for card present fraud conducted on their premises, and this is giving retailers the push they need to adopt tougher security protections. But what about the impact of EMV in other areas, such as the ATM. The impact of the shift.

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NCR

FEBRUARY 24, 2017

The ATM is now 50 years old, having made its debut at Barclays’ branch in Enfield, North London in 1967. The ATM has become a vital component of the global banking system, offering just as many benefits for financial institutions (FIs) as it does for consumers. Useful extras. Brand exposure. ” New customer experiences.

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ATM Customer Experience Examples Innovation 85

PYMNTS

JULY 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The suspects are accused of using counterfeit credit cards to buy luxury goods, and house searches of the accused resulted in the discovery of 3,000 fraudulent payment cards.

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Fraud Cards ATM Groups 100

PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

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PYMNTS

NOVEMBER 6, 2018

In what is being viewed as a huge security breach, The Economic Times of India reported on Tuesday (Nov. This comes just a few days after around 10 banks blocked all international transactions on their cards due to concerns about a breach of credit and debit card data. million was stolen from international payment cards.

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Security Cards Meeting ATM 139

PYMNTS

FEBRUARY 26, 2020

The Sightline platform integrates with the i2c agile processing vehicle and APIs to deliver Play+, a cashless solution that gives gaming operators the ability to move money in real-time between tables, slots, and kiosks. A value card gives VIP guests immediate access to winnings.

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Oregon Pennsylvania Innovation Operations 232

PYMNTS

NOVEMBER 19, 2020

In addition, the Super Bowl Experience, presented by Lowe's, will also be cash-free, and fans that only have cash will be able to access ATMs that accept cash and dispense Visa cards up to $500, available with no fees, the release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

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ATM America Cards Payments 201

PYMNTS

JUNE 19, 2020

The operative model here is the platform, where a universal payment ID would ostensibly make sending money as easy as sending emails. The Open Payments Coalition has said the IDs would be operational across networks and would eschew common staples of payments such as credit cards and bank routing numbers.

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PYMNTS

MARCH 22, 2016

The consumer transaction technology provider said its payment service, which has supported multi-host online/offline payment processing within the retail industry since 1999, offers secure, site-based payment processing and is deployed by both large and small operators.

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Data Security Payments ATM 100

PYMNTS

JUNE 14, 2018

Erik Dyson, co-founder of natural disaster response nonprofit All Hands and Hearts– Smart Response , and Lori Sylvia, its finance manager, recently spoke with PYMNTS about relief workers’ payment pain points, how card-based solutions have helped to safely disburse funds and the ways the offering has relieved both budget planning and financial woes.

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PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

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Fraud Cards Retail Security 131

PYMNTS

MARCH 8, 2019

And an initiative tied to a consortium of companies is looking to redefine how automated teller machine (ATM) applications are built and used. 579 million: The number of biometric cards that will be in use by 2023. million: The number of ATMs in the world that run on Windows operating systems.

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ATM Regulation Fraud Data 189

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. Image: iStock/Piranka.

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ATM Mobile Strategy Fraud 85

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. There’s an immediacy aspect of cash,” Bailey said, whether done at the teller in a branch or increasingly at the ATM. Another lure, according to Pierce: “Being able to budget their money.”. Cash as a Budgeting Tool.

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ATM Millennials United States Study 192

PYMNTS

NOVEMBER 18, 2020

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

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Mobile Payments Cards Retail 220

PYMNTS

MAY 13, 2019

Fraudsters intercept the one-time PINs and passwords that pass for security in today’s world. “If If you look at all the security problems out there (everything involving the internet, breaches, malware on your operating system), the internet and the operating system are inherently insecure.

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