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Bank Systems & Technology
January 21, 2009
Orla O'Sullivan
News from Wincor World: Fake Smoke Detectors the Newest in ATM Fraud Fake smoke detectors and compromised lobby doors are among the newly favored ways criminals steal cardholders' information from ATMs. mark for My Articles similar articles
Bank Systems & Technology
April 1, 2005
Phil Britt
Circle the Wagons The most recent high-tech effort to curb ATM theft has been the implementation of the Triple DES data encryption standard, which uses three separate 56-bit keys to encrypt and decrypt messages. mark for My Articles similar articles
Bank Technology News
October 2002
Mark Bruno
UK Banks Eye Smart Cards Abbey National dabbled with the idea of multi-function smart cards, but found security to be the bank's real sweet spot. mark for My Articles similar articles
Bank Systems & Technology
June 24, 2010
Penny Crosman
Australian Bank to Use Bank of New Zealand's Anti-Card-Skimming Technology "Liquid encryption numbers" rewrites the information stored in a magnetic stripe every time the customer uses a bank ATM. mark for My Articles similar articles
Bank Systems & Technology
November 12, 2009
Maria Bruno-Britz
Hackers Exploit Prepaid Payroll Cards Cyber criminals accused of breaking into RBS WorldPay's systems and exploiting payroll cards may indicate a new trend. mark for My Articles similar articles
Bank Systems & Technology
June 11, 2010
Matt Gunn
World Cup Brings Increased Risk of Fraud With thousands of fans traveling to South Africa for the 2010 FIFA World Cup, which goes today through July 11, comes potential for increased risk in credit card fraud. mark for My Articles similar articles
Bank Systems & Technology
August 27, 2009
Maria Bruno-Britz
Evolving Fraud Schemes Keep Pressure on Evolving Payments Instruments While some of the latest schemes borrow from scams past, today's fraud schemes are as sophisticated as banks' most advanced payments systems. And stopping them is still a challenge. mark for My Articles similar articles
Bank Technology News
February 2011
John Adams
Wells Makes Tracks For The Future ATM Cash Tracker is a new PFM-style product at Wells that allows users to set budgets and track monthly ATM usage on screen. mark for My Articles similar articles
U.S. Banker
November 2007
Lee Conrad
Fraud Protection: GPS Technology Mulled To Combat Fraud at ATMs Various ATM security initiatives in preliminary stages are using global-positioning technology to fight fraud. mark for My Articles similar articles
Bank Technology News
November 2008
Rebecca Sausner
New Methods to Bust Transaction-Level Fraud A 40 percent increase in the amount of ATM and debit fraud detected could probably pay for the technology investment behind it pretty quickly, given that debit fraud in the U.S. is a $1 billion -- and growing -- problem, with few solutions. mark for My Articles similar articles
BusinessWeek
December 12, 2005
Chester Dawson
Prepaid Cards: Candy For Criminals? Law enforcement officials say prepaid cards are ready tools for thieves, drug rings - even terrorists. mark for My Articles similar articles
Bank Systems & Technology
August 2, 2005
Phil Britt
Keeping Up With Fraudsters As fraud schemes become more sophisticated, banks need to examine a wider array of data to identify fraud trends. That means investing in more sophisticated technology systems, adding personnel and employing additional fraud-fighting processes. mark for My Articles similar articles
Bank Systems & Technology
January 6, 2010
Penny Crosman
Bug That Crippled 30 Million German Debit, Credit Cards Mostly Fixed Although millions of newer microchip-embedded cards have failed to comprehend the year 2010, many ATMs have been adjusted to fix the problem, card company says. mark for My Articles similar articles
Bank Technology News
June 2002
Daniel A. Joelson
Unibanco Showcases Brazil's Security Technology Drive The Brazilian banking giant is making great strides in its effort to cut criminal activity.. mark for My Articles similar articles
Bank Systems & Technology
February 10, 2010
Penny Crosman
ID Fraud Grew 12% in 2009, But Wells Fargo's Fraud Losses Are Down Javelin Research's latest fraud survey finds identity fraud continues to rise, but losses are down at some banks due to fraud detection technology improvements. mark for My Articles similar articles
U.S. Banker
January 2002
John Hackett
Squeezing Profits out of ATMs Changes in the marketplace have made it hard to make a buck with off-site ATMs, but some banks are experimenting with ways to increase revenues from their networks... mark for My Articles similar articles
Bank Systems & Technology
February 10, 2004
Cynthia Ramsaran
Rock, Scissors, Plastic There will be a rise in plastic payments in 2004 because of the availability of more merchants accepting credit, analysts say. mark for My Articles similar articles
Bank Technology News
July 2008
Anthony Malakian
Can Next Generation ATMs Lure Deposits? For banks investing in expensive image-scanning ATMs to encourage deposits, a big question is whether fraud at existing ATMs will curtail adoption. mark for My Articles similar articles
Bank Systems & Technology
April 13, 2010
Matt Gunn
ID Theft, Card Fraud Top Consumer Concerns, Unisys Survey Finds Banks need to go beyond "traditional" fraud prevention efforts, report authors find. mark for My Articles similar articles
Bank Technology News
January 2002
Daniel Joelson
Latin America Set For ATM Spike Consumer demand is making Latin banks reassess their ATM strategies... mark for My Articles similar articles
Popular Mechanics
May 13, 2009
Seth Porges
Automatic Theft Machines: How To Protect Yourself From ATM Skimmers The simplest skimmer set-ups involve little more than a $300 magnetic stripe reader and a hidden camera aimed at the ATM keypad. mark for My Articles similar articles
Bank Systems & Technology
May 5, 2007
Maria Bruno-Britz
Fraud Techniques Evolve in Parallel with Bank Products and Defenses As fraudsters' techniques evolve alongside the products and services offered by financial institutions, new steps must be introduced to stop them. mark for My Articles similar articles
U.S. Banker
April 2011
Jeremy Quittner
Breach Comber MasterCard's new technology identifies the likeliest victims of fraud and helps minimize unnecessary account closings. mark for My Articles similar articles
U.S. Banker
April 2011
Noted & Noteworthy A recently released survey from electronic-payments firm ACI Worldwide found that nearly one-third of consumers say they were victims of credit or debit card fraud in 2010. mark for My Articles similar articles
Bank Systems & Technology
August 24, 2006
Nancy Feig
BITS Releases Insider Fraud Database BITS, a nonprofit consortium of 100 of the largest U.S. financial institutions, released its own insider fraud prevention service, which consists of a list of former financial institution employees who have compromised consumer information and/or knowingly caused financial losses. mark for My Articles similar articles
Bank Technology News
October 2007
Glen Fest
ATM Fraud: Tools Make Use of Six (Or More) Degrees Monitoring abnormal device and transaction behavior is gaining bank and retailer interest. mark for My Articles similar articles
Bank Technology News
August 2008
Rebecca Sausner
Same Shirt, Different Heist The security system in place for ATMs is essentially broken. There have been too many large breaches of PIN ATM/debit cards in the last two to three years to claim the existing security protocols are adequate. mark for My Articles similar articles
Bank Systems & Technology
May 25, 2006
Maria Bruno-Britz
Hurry Up and Wait As the deadline for the single European payments area (SEPA) draws closer, the vendor community is starting to respond to banks' SEPA needs. However, banks have not done a good job communication with their corporate clients to learn their needs in a SEPA world. mark for My Articles similar articles
BusinessWeek
July 11, 2005
Berner & Carter
Swiping Back At Credit-Card Fraud Bogus transactions are falling overall, but e-tailers are still feeling the pain. E-tail credit-card fraud is triple the rate of the brick-and-mortar world. mark for My Articles similar articles
AskMen.com
April 29, 2001
Luis Rodrigues
How To Avoid ATM Fees We've all heard about the dreaded ATM fees. Everyone talks about how bad and how ridiculously high they are, but forgets how convenient and fast they really are... mark for My Articles similar articles
Bank Systems & Technology
February 29, 2008
Maria Bruno-Britz
Select-A-Branch Takes New Approach to ATM Distribution A new business model offers financial institutions an alternative distribution method that puts a twist on the surcharge-free ATM network, allowing banks to expand their ATM networks without purchasing machines or worrying about their upkeep. mark for My Articles similar articles
Bank Systems & Technology
October 1, 2009
Maria Bruno-Britz
Fiserv Introduces Upgraded Fraud and AML Solutions Fraud Risk Manager 4.6 and AML Manager 4.6 were designed to work on a unified platform to enable an enterprise risk view. mark for My Articles similar articles
Entrepreneur
February 2002
Amanda C. Kooser
Card Tricks Internet retailers face a struggle when it comes to chargebacks and fraud. mark for My Articles similar articles
Knowledge@Wharton The New New ATMs: Want Fries With Your Cash? To help increase the revenues generated by their ATMs, some banks are moving to offer services beyond mere cash withdrawals. mark for My Articles similar articles
Bank Systems & Technology
May 16, 2008
Paula Damiano
ATMs Add New Functionalities Many banks are enhancing their ATMs with new functionalities, turning them into relationship-building tools rather than cash dispensers. mark for My Articles similar articles
Bank Technology News
March 2004
Karen Krebsbach
The Other Victims of ID Fraud Banks ID fraud is morphing into a throbbing migraine for financial services firms charged with twin challenges of increased responsibility to protect consumers and greater pressure to defend their own bottom line. mark for My Articles similar articles
BusinessWeek
January 15, 2007
Elizabeth Woyke
Someone's Been Using My Gift Card Gift cards are more popular than ever, but more tales of fraud are making the rounds. mark for My Articles similar articles
U.S. Banker
September 2004
Karen Krebsbach
Security: The Inside Job Your employees wouldn't rip you off, right? Think again. Their theft will cost banks $2.4 billion this year. mark for My Articles similar articles
InternetNews
November 11, 2009
DoJ Busts Up Eastern European Hacking Ring Feds indict seven hackers and conspirators responsible for ripping off more than $9 million from an Atlanta-based credit card processing company. mark for My Articles similar articles
The Motley Fool
July 21, 2005
Selena Maranjian
The Pitfalls of Switching to Cash The bottom line is that for those with enough discipline to not charge more than they can afford to pay, it's hard to beat the convenience and other benefits of credit cards. mark for My Articles similar articles
Bank Systems & Technology
July 27, 2007
Maria Bruno-Britz
Deutsche Bank's Harold Young Predicts SEPA Opportunities Single Euro Payments Area, or SEPA, will open new doors to differentiation and payments standards for banks. mark for My Articles similar articles
Bank Technology News
October 2009
Michael Sisk
Wire Fraud's Growing Threat Just how big a problem wire fraud has become is a matter of some debate -- confusion fueled in part by banks' and businesses' reluctance to speak openly about it. mark for My Articles similar articles
Bank Systems & Technology
February 27, 2006
Phil Britt
All-Transaction Machines? The U.S. military recently installed on bases self-service kiosks that enable military and support personnel to use smart cards in lieu of cash for purchases at military-operated concessions. mark for My Articles similar articles
Bank Systems & Technology
August 4, 2004
Ivan Schneider
Storm Clouds for the ATM Channel Not only have ATMs stopped gaining converts, but they have also begun to lose customers to the debit card. mark for My Articles similar articles
Bank Systems & Technology
July 1, 2005
Maria Bruno-Britz
Branch In a Box As financial technology matures, banks are beginning to reevaluate the manner in which they utilize their ATMs. As a result, the ATMs of the future will provide users with a much richer banking experience than ever before. mark for My Articles similar articles
Bank Technology News
October 2004
Holly Sraeel
Fraud is Rising, But Victims, Banks are Fighting It Talk about fraud in banking circles and one will inevitably hit a nerve. mark for My Articles similar articles
Bank Systems & Technology
November 20, 2009
Maria Bruno-Britz
J.P. Morgan Stepping Up Fight Against Corporate Payments Fraud The bank issued a white paper that looks at the growing area of corporate payments fraud and suggests best practices for safeguarding accounts. mark for My Articles similar articles
U.S. Banker
December 2010
Katie Kuehner-Hebert
Inside Jobs Large and small banks alike are dealing with a spike in fraud, much of it by trusted employees. mark for My Articles similar articles
New Architect
May 2002
Jesus Mena
Active Fraud Prevention Using data mining to combat online theft... mark for My Articles similar articles
Bank Technology News
October 2001
Louise West
European ATM Growth Continues New regions are seeing a surge in the appearance of the machines as the market matures in most of Western Europe's largest countries... mark for My Articles similar articles