22 January 2018
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Latest automated teller machines and network services news

Consumer group calls on payments watchdog to stand up against ATM closures
Retail banking

Consumer group calls on payments watchdog to stand up against ATM closures

19 January 2018  |  4706 views  |  3 comments | 5 tweets | 6 linkedin

Plans to shut down loss-making ATMs across Britain could leave hundreds of communities without ready access to cash, says consumer group Which?.

NCR to roll out bitcoin-enabled ATMs in the UAE
Retail banking

NCR to roll out bitcoin-enabled ATMs in the UAE

18 December 2017  |  10296 views  |  3 comments | 12 tweets | 17 linkedin

NCR has teamed up with UAE cryptocurrency exchange CoinHub to enable users to make cash withdrawals from their bitcoin accounts at the ATM.

Police warn Canadians about bitcoin ATM scam
Retail banking

Police warn Canadians about bitcoin ATM scam

09 November 2017  |  4569 views  |  0 comments | 4 tweets | 3 linkedin

Canadian police are warning people in the York region about a scam that has seen crooks posing as tax collectors convince more than 40 victims to send them over $300,000 via Bitcoin ATMs.

Link plans could slash number of free ATMs
Retail banking

Link plans could slash number of free ATMs

01 November 2017  |  3541 views  |  0 comments | 6 tweets | 3 linkedin

Plans by the UK's Link network to cut the amount that banks pay to fund free-to-use cash machines will lead to "ATM deserts" and cause communities to wither, warns an industry association.

YES Bank fined $1 million over massive ATM breach
Retail banking

YES Bank fined $1 million over massive ATM breach

01 November 2017  |  7152 views  |  1 comments | 3 tweets | 8 linkedin

The Reserve Bank of India has hit YES bank with a $1 million fine for failing to promptly report a breach of its ATM network.

ATM jackpotting for dummies; Yours for just £3,788
Retail banking

ATM jackpotting for dummies; Yours for just £3,788

18 October 2017  |  6928 views  |  0 comments | 4 tweets | 9 linkedin

Kaspersky Lab has discovered an ATM jackpotting kit for sale on the Dark Web which provides step-by-step instructions for non-techies to crack open a cash machine.

ATM overdraft hack helps crooks steal millions from ex-Soviet banks
Security

ATM overdraft hack helps crooks steal millions from ex-Soviet banks

10 October 2017  |  5723 views  |  0 comments | 7 tweets | 8 linkedin

Hackers have stolen millions of dollars from banks in former Soviet states by breaking into their IT networks to increase overdraft limits on fraudulently opened accounts and then making ATM withdrawals.

Former Westpac exec fights fraudsters with Da Vinci card
Mobile & online

Former Westpac exec fights fraudsters with Da Vinci card

10 October 2017  |  8020 views  |  9 comments | 11 tweets | 19 linkedin

A former senior security executive at Westpac has founded a firm that lets people put all of their cards on a single piece of plastic that generates one-time PINs for transactions.

ATM black box attacks soar in Europe
Retail banking

ATM black box attacks soar in Europe

06 October 2017  |  8112 views  |  0 comments | 5 tweets | 8 linkedin

Europe saw a surge in the number of ATM black box attacks - where devices are attached to machines and command cash outs - in the first half of 2017.

Aussie banks scrap ATM fees
Retail banking

Aussie banks scrap ATM fees

26 September 2017  |  4076 views  |  1 comments | 3 tweets | 8 linkedin

Australia's big four banks are ditching the fees they charge non-customers for using their cash machines.

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