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Doing Battle With Holiday Fraudsters At The ATM

PYMNTS

Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile ground for fraud. They are, well, razor-thin inserts that fit within the card acceptance slot, and read the data housed within the magnetic stripe of cards inserted into the hacked ATM.

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ATM Debit Card Fraud Hit 10 Percent In 2017

PYMNTS

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. The number of compromises and the number of card members impacted set a new record last year,” said TJ Horan, vice president of fraud solutions at FICO.

ATM 126
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Cardtronics To Rollout Cardless ATMs Based On FIS Technology

PYMNTS

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-as-a-Service – A Strategic Step on the Transformation Journey?

Gonzobanker

Moving from a traditional CAPEX model to an “as-a-service” OPEX model could be the key to transforming banks’ ATM/ITM channel. ATMs have changed a bit in the last few years. With the increased usage of debit and credit cards, the rise of eCommerce, and the push for mobile payments, cash has undoubtedly been in decline.

ATM 158
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Old ATM Gets Big Upgrade As NCR Unveils ‘NextGen’ Cash Machine

PYMNTS

As the banking world goes increasingly digital, the clunky old ATM is getting a badly need reboot. 5) unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. on Monday (Oct.

ATM 158
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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.