Settlement and security in the ATM space
ATM Marketplace
NOVEMBER 22, 2023
There are many risks with ATM security. How can operators handle them all?
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ATM Marketplace
NOVEMBER 22, 2023
There are many risks with ATM security. How can operators handle them all?
ATM Marketplace
APRIL 14, 2023
With crime rising nationwide, ATM operators need to be vigilant to protect their assets. At the same time, new Payment Card Industry standards require operators to update their payment equipment to prevent fraudulent transactions. These are just some of the issues confronting today's ATM industry.
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PYMNTS
JANUARY 11, 2021
Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. 11) press release. . Shares of Cardtronics climbed 0.3 percent to reach $41.19
ATM Marketplace
MAY 15, 2020
The COVID-19 pandemic has caused frustration and economic hardship for people throughout the world and ATMs can be an attractive target for criminals. Here are three ways financial institutions and ATM operators can take steps to secure their ATMs.
ATM Marketplace
APRIL 25, 2023
ATMs are under constant threat by criminals. Are banks and ATM operators stepping up to tackle this threat?
PYMNTS
MAY 27, 2020
CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. How Balancing Members’ Needs Improves End-To-End ATM Experiences. About The Tracker.
PYMNTS
JUNE 1, 2020
When the very first one appeared at a Barclays branch in London back in 1967, who could have imagined that the clever Automated Teller Machine (ATM) would emerge decades later as a hero of the great COVID-19 pandemic of 2020? Elevate the ATM experience’. What were your members not able to accomplish with your ATMs?
ATM Marketplace
OCTOBER 18, 2019
Upgrading an ATM to the latest version of Windows is a costly proposition. Rick Anderson, delivery director at Linux distribution company Wind River, argues that an open source operating system offers a more secure, affordable alternative.
Gonzobanker
DECEMBER 1, 2022
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. We understand how many financial institutions hard at work on their digital transformation strategies have pushed the ATM channel to the back burner.
PYMNTS
MARCH 3, 2020
The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” At that time, Robocoin put a machine in a café in Vancouver.
PYMNTS
MAY 8, 2020
Cardtronics , which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. . Cardtronics’ ATM operating revenues dropped to $291.9 Cardtronics’ ATM operating revenues dropped to $291.9
PYMNTS
MAY 7, 2020
Brown recounted that branch hours had been restricted if branches are operating at all. Reinventing The ATM. Banking in the post-pandemic age, and with a “digital-first” mindset may also see a reinvention of the ATM, said Brown. Now, he said, “the need for a platform like this is more important than ever.”.
PYMNTS
JUNE 17, 2019
Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent, according to a report by the Associated Press. In a press release , RBR said the number of ATMs stood at 3.24 More than half of the ATMs are in China, the U.S.,
Payments Dive
JANUARY 22, 2018
TNS securely delivers more than 24 billion payments transactions each year for customers in 60+ countries globally. Find out why we are trusted by hundreds of merchants, banks, acquirers, processors, ATM operators, payment service providers and others
PYMNTS
AUGUST 13, 2018
The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.
PYMNTS
OCTOBER 20, 2017
ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.
PYMNTS
JULY 19, 2019
Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.
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. The FIS mobile banking app acts as a remote control for the ATM, providing privacy and security for consumers.
ATM Marketplace
JANUARY 9, 2018
Meltdown and Spectre should be taken seriously by ATM operators. However, by concentrating on what's important and actively applying the best security techniques, deployers can stay ahead of these threats — and others — as they emerge.
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. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.
PYMNTS
NOVEMBER 26, 2019
Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Department of Justice on illegal financial issues affecting national security.
Cisco
NOVEMBER 16, 2020
Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Build together the Secure Retail Bank of the Future.
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).
ATM Marketplace
NOVEMBER 22, 2020
The FORCE ATM is packed with features for operators, including a vault light, wireless mounting & power, brightness control, optional security camera, up to 6K note capacity and much more.
PYMNTS
NOVEMBER 30, 2020
State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Streamlining Onboarding Security.
ATM Marketplace
JUNE 3, 2020
The Covid-19 pandemic and its financial impact on ATM deployers globally has underscored that it is now more critical than ever to save operational costs.
Bobsguide
JUNE 3, 2022
Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. WWS differentiates itself from older, increasingly restricted, and outmoded methods of integrating ATMs with other banking systems and services.
ATM Marketplace
AUGUST 7, 2018
With the number of brute force attacks on on ATMs on the rise — and, if they are successful, the potential to lose tens of thousands of dollars in just a few moments — physical security of ATMs is not something any operator can afford to take lightly.
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.
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
PYMNTS
FEBRUARY 14, 2019
Coverage includes the introduction of automated teller machines (ATMs) with facial recognition technology from Spain ’s CaixaBank. Spain’s CaixaBank is launching automated teller machines (ATMs) that allow clients to withdraw cash using facial recognition instead of PIN codes, according to reports. And the U.K.’s
Payments Source
OCTOBER 16, 2019
Vocalink beat out four other competing bids to secure a 10-year contract to provide real-time switching and settlements for U.K. ATM operator Link Scheme.
ATM Marketplace
JULY 9, 2019
Security remains a key issue in ATM management. Cash machines are seeing changes that allow them to operate more independently. And while the bitcoin ATM business is booming, its associations with money laundering are making some cities skittish. Here are most popular stories on ATM Marketplace for June.
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.
PYMNTS
JANUARY 27, 2019
Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month.
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. has led many financial institutions to become more aggressive in their deployment of skimming security solutions.
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.
PYMNTS
JANUARY 10, 2021
NCR Corporation is the mystery suitor behind a recently-announced bid for Cardtronics , an operator of ATMs in 10 countries, that was submitted even as the company worked to close a previously-announced deal with different suitors, The Wall Street Journal (WSJ) reported. per share in cash,” a Jan. NCR is based in Atlanta.
PYMNTS
NOVEMBER 1, 2016
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.
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.
ATM Marketplace
SEPTEMBER 20, 2018
Security attacks are a real threat to the ATM industry. The traditional attack vectors remain a significant and material threat to ATM operators. Even with some regional variations in frequency ATM crime continues to rise and expand into nearly every global region.
PYMNTS
MAY 29, 2020
We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. Consumers expect secure and fast access to digital tools. It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
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