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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.

ATM 227
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Indian Fintech Nearby Technologies Teams with Yes Bank to Provide Cardless ATMs

Bank Innovation

Indian fintech Nearby Technologies has partnered with one of the country’s largest private sector banks, YES Bank, to launch a cardless and PIN-less Aadhaar ATM service. Last week, Nearby Technologies said that by using its PayNEARBY mobile application on […].

ATM 247
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Mobile cash technology: Get cash from the ATM, but leave the debit card home

ATM Marketplace

ATM Marketplace spoke with John Clatworthy, SVP, chief customer and strategy officer for Cash Connect on mobile cash technology and how customers can access their cash without using their debit card.

ATM 95
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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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Credit Unions, ATMs And The Great Digital Banking Shift

PYMNTS

During the pandemic’s early days, ATM runs by panicked consumers got a fair amount of media attention. However, CO-OP’s overall data from its network of 30,000 ATMs didn’t show a lot of people loading up on cash. As Calcanes noted, that means switching many ATMs to “ITMs,” or “interactive teller machines.”. A Data-Driven Future.

ATM 250
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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.

ATM 117
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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