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Anti-Fraud ATM Blocks Mobile Phone Scams

PYMNTS

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. The machines are designed to stop users from being conned into transferring money from their bank accounts at an ATM by preventing transactions from completing if it detects the person is using a mobile phone, Bloomberg reported.

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Qatar National Bank Reportedly Breached

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Qatar National Bank (QNB) is looking into allegations that the names and passwords of many of its customers were compromised, Reuters reported on Wednesday (April 27). The largest lender in the Middle East and Africa by assets may have become the victim of a cybersecurity data breach. The Doha News website reported that 1.5

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Grab Teams With SM Investments; BenefitPay Comes To Self-Service Kiosks

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In addition, SADAD and Benefit are introducing a QR payment system in the Gulf region, and AGS Transact Technologies has created a way for consumers to withdraw cash from automated teller machines in India using quick response codes.

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NRF Warns Against EMV Verification Flaws

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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. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. and Europe.

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In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants

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By some recent accounts , more than 100 million migrants are participating in the nation’s workforce — one-fifth of the nation’s workforce. Many of these workers travel from rural, low-income regions, hoping that work opportunities in urban areas will enable them to support their families. India’s Digital Finance Roadmap .

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Lithuania’s Lasting Love Of Cash

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It is still the most widely accepted form of currency, and its tangible nature continues to give consumers a feeling of security in times of upheaval, be it economic or political. Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, agreed. percent and 41 percent, respectively, according to the index.

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Credit Unions: Better Together

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With thousands of people displaced for days, weeks and potentially even months, any concern they can cross off their lists is welcome — and having access to their finances while away from home is a big one, says Kathy Herziger-Snider, senior vice president of ATM and debit at CO-OP Financial. That requires planning ahead. The Best Of Times.

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