ATM, Consumer Authentication and Use Case

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ATM

Consumer Authentication

Use Case

US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

FEBRUARY 16, 2023

While this alone should give pause, when combined with the fact that there were an average of 185 cards compromised per skimming event, banks and consumer should all be wary when using any ATM, point of sale terminal, or other location where a card skimmer could be potentially located.

Compromise

Compromise Debit Card Scams Smishing

U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

AUGUST 16, 2022

Often thieves will put a false front on an ATM, gas pump or point-of-sale (POS) terminal, which reads and records the information on the card’s magnetic strip. They can also use small inserts in the card reader slot , which are incredibly difficult to detect. Card Skimming Fraud – Old Threat, New Growth.

Compromise

Compromise Romance Scams Push-to-Card ATM

Payments Space

US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

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