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Credit card hacker pleads guilty to fraud worth millions

News Gonzalez and his alleged co-conspirators sold the numbers to others and encoded the data onto magnetic stripes of blank cards and used the new cards to withdraw tens of thousands of dollars at a time from ATMs, according... [14 Sep 2009]

PIN-stealing malware hits ATMs

News Malicious software has been found on Eastern European ATMs that allows criminals to steal account data and PINs and even empty the machine of its cash, a computer forensics expert said. About 20 cash machines have been... [05 Jun 2009]

Brits lose £120m to foreign card fraud

News In contrast, £121m was lost during the same period to foreign card fraud, up 11 per cent on last year and nearly 190 per cent on three years ago - occurring mainly in European countries where chip and PIN has not been rolled out and... [01 Oct 2008]

Retailers fear contactless payments

News What's not understood is that for major merchants the cost of handling cash is virtually free because the banks want our notes for their ATMs. Yet Guido Mangiagalli, head of new channels at Visa Europe,... [24 Apr 2007]

Mumbai floods - disaster recovery plans tested

News Even people in Delhi have reported being unable to withdraw cash from ATMs as a result of systems failures in Mumbai. In an emailed statement to silicon.com, CitiBank admitted it had suffered difficulties: "The impact of... [01 Aug 2005]

The Bloor Perspective: Biometric choices, 3G+WLAN and EMC buying VMWare

Comment Biometrics have been used for many years for a variety of applications across a range of industries, including the use of fingerprint or iris scans for personal verification in the financial services industry, such as for withdrawals at... [22 Dec 2003]

IBM signs Co-op cashpoint deal

News IBM Global Services will manage the bank's current 600-machine network, and install 350 new ATMs at Co-op stores over the next two years. IBM claimed the seven-year deal is the largest ATM outsourcing contract in... [15 Apr 1999]

Swedes opt for ecash

News Sweden's three main banks - ForeningsSparbanken, MeritaNordbanken and S-E-Banken - hope to replace all their ATMs (automated teller machines) with smartcard readers by 2001. As well as installing 100,000 cash loaders -... [19 Nov 1998]

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