Skimming: New Targets for Fraudsters
ATM protection has been improving and fraudsters have had to think their targets over again. According to the BKA (Bundeskriminalamt), they now t...
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Skimming: Singapore Customers Affected by Illegitimate Cash Withdrawals
DBS Bank is currently investigating a certain number of ATM frauds having affected over 200 DBS and POSB customers. Losses have been assessed at ...
Skimming: Dismantling of an International Network
Europol has just dismantled an international skimming network suspected to have stolen some 50 million dollars from banks and from their customer...
Skimming: New Device Adaptable to POS Terminals
At CanSecWest Vancouver 2011 conference, Italian researchers (INVERSE PATH) announced they discovered a significant security breach likely to mak...
New Skimming Prevention Solution by Diebold
Diebold enhances its range of offers with a new version of Opteva BezelSentry Service designed to detect and avoid skimming attempts.By means of ...
Card Fraud: Decrease in Skimming Figures in Belgium
In the beginning of 2011, the Belgian federation of the financial sector, Febelfin, announced that 23 Belgian banks decided to lock Maestro debit...
New EAST Update
The European ATM Security Team (EAST) releases its third European Fraud Update for 2011 based on the information handed in by 21 SEPA countries a...
Fraud Figures: ATM Fraud Now Decreasing in Europe
The European ATM Security Team gathers information of European ATMs since 2005. EAST classifies ATM frauds under two main lines: card use-relate...
ATM Security: When Social Media Can Help Secure ATMs
In January 2011, four Indonesian students from the University of Gajah Mada (Yogyakarta) took part in a national competition and developed an ATM...
Rethinking Design to Fight Fraud
During the Design Against ATM Crime exhibition held in London from 16 to 21 June 2011, several projects dedicated to the development of safer and...
Bancomat Migrates to V PAY
End 2011, Luxembourg ‘s domestic debit cards will be replaced by V PAY, Visa Europe’s Chip and PIN-only card. These cards will be issued and acce...
Bluetana: New App for Fighting Skimmers
FACTS Researchers from the University of Illinois, Urbana-Champaign, and the University of California, San Diego, designed a mobile app for...
Authentication: ANZ Planning Biometric ATM Roll Outs
ANZ is investigating the potential of biometric ATM authentication but hasn’t yet decided whichever process to favour (voice biometrics, face rec...
ATM Fraud: Thermal Camera an PIN code Retrieval
During the USENIX Security Symposium from 8 to 12 August 2011, researchers of the University of California presented their recent study Heat of t...
Cardless Cash Withdrawals
US-based electronic payment processing solutions provider Payment Alliance International (PAI) has announced the deployment of MagTek’s Qwick Cod...
Portuguese Authorities Fighting ATM Thieves
The Portuguese Minister for Internal Affairs explains that 840 ATMs have been robbed over the past five years and that fraudsters have managed to...
Mobile Cash Collection: Square Plans European Implantation
US-based Square, focusing on mobile cash collection via Apple and Android terminals, is planning to set foot in Europe starting 2012. Transaction...
EMV: Towards the end of magnetic stripe cards in Germany?
As the Bundeskriminalamt (Federal Criminal Police Office of Germany) has had to deal with increasing bank card fraud, it now wishes to see the en...
Annual Report on Payment Cards’ Security
This year’s Observatoire de la sécurité des cartes de paiement, released on 2nd July, highlights an overall fraud rate of 0.077% for 2011, up to ...
In-Car Payment: Alexa to Pay for Fuel
FACTS During the CES 2020, Amazon announced a strategic partnership with ExxonMobil and Fiserv.
