Payments Source

OCTOBER 23, 2016

migration has passed the one-year mark, but more key dates are on the horizon.

EMV

FICO

OCTOBER 12, 2016

As the US payment card infrastructure continues to move to EMV, fraudsters are turning their targets toward unattended self-service terminals, such as US ATMs, most of which have not yet been upgraded to read EMV chips. Debit-card compromises at ATMs located on bank property in U.S.

ATM

Payments Source

JULY 26, 2018

machines migrate to EMV, there's a mix of physical security and software that can mitigate the mounting security risk, according to Mark D. Smith, director of business development for MVP Financial Equipment.

EMV

PYMNTS

OCTOBER 24, 2016

The ones at the ATMs in the back of the convenience stores that covertly took down your account numbers and PINs? Because when it comes to ATMs, ATM operators have a lot more to worry about. Because when it comes to ATMs, ATM operators have a lot more to worry about. Remember those skimmers?

ATM

Payments Source

SEPTEMBER 5, 2016

With the first chip card deadline for ATMs coming up in a few weeks, banks need to quickly gain an upper hand on potential risks. This starts with a more complete understanding of the complex changes at the ATM terminal.

ATM

FICO

MARCH 29, 2017

The latest fraud news from the FICO ® Card Alert Service , which monitors hundreds of thousands of ATMs and other readers in the US, is bad. ATMs and merchants monitored rose 70 percent in 2016. ATMs, restaurants and merchants rose 30 percent in 2016. I’ve been asked whether EMV transition is playing a role here.

ATM

PYMNTS

NOVEMBER 1, 2016

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. The machines are designed to stop users from being conned into transferring money from their bank accounts at an ATM by preventing transactions from completing if it detects the person is using a mobile phone, Bloomberg reported.

ATM

PYMNTS

MAY 20, 2019

The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. In a press release , RBR said the number of ATMs stood at 3.24 In RBR’s new Global ATM Market and Forecasts to 2024 report, it found the number of ATMs declined in four of the five largest markets last year.

ATM

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What Types of EMV Chip Cards Are There?

Chip Cards

PYMNTS

MAY 30, 2016

India’s vast ATM network is set to get a major facelift. The Reserve Bank of India has announced a timeline for the country’s vast ATM network, which constitutes close to 200,000 ATMs, to migrate from accepting mag stripe cards to accepting chip and PIN based cards. ”

ATM

Payments Source

NOVEMBER 29, 2017

payments consultancy FIME has added Discover's payment application specification (D-PAS) accreditation to the Pulse ATM network, allowing it to provide guidance and support services on EMV chip technology for acquirers and issuers unfamiliar with D-PAS.

ATM

Payments Source

JANUARY 9, 2017

ATM maker Diebold Nixdorf plans to unveil its smallest EMV-enabled payment terminal yet, a self-checkout unit that’s designed to fit into small retail spaces and supports cash, cards and contactless payments, but lacks a magnetic stripe reader, the company said in a Jan. 9 press release.

EMV

FICO

DECEMBER 14, 2016

When it comes to payments activity, most consumers’ individual patterns are fairly consistent; they shop at the same stores, get cash from the same couple of ATMs, and so forth. Prediction: The EMV rollout in the US won’t be close to complete. Waiting for the EMV authorization can seem like forever. Not so with payment apps.

EMV

PYMNTS

APRIL 2, 2019

The bank said it will enable customers to tap to initiate an ATM transaction at more than 13,000 ATMs around the country later this year. The ability to use a contactless debit card to tap and initiate an ATM transaction relies on near-field communication (NFC) functionality, the same technology Wells Fargo introduced in October 2017.

Debit Card

Payments Source

SEPTEMBER 6, 2016

As the payments industry progresses through the first stage (POS terminals) of the EMV liability shift and gets closer to the second stage (ATMs), a lingering question that can be asked is, why would any card issuer not want to get certified for EMV?

Chip Cards

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In said Renard in the same press release.

ATM

The Paypers

FEBRUARY 5, 2019

(The Paypers) Sri Lanka’s Central Bank (CBSL) has planned to make it compulsory for all banks to achieve EMV chip-technology compliance, after ATM fraud incidents.

CHIPS

PYMNTS

JUNE 17, 2019

Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent, according to a report by the Associated Press. In a press release , RBR said the number of ATMs stood at 3.24 More than half of the ATMs are in China, the U.S.,

ATM

PYMNTS

MARCH 22, 2016

NCR Corporation announced Monday (March 21) that its Epsilon payments application has received EMV certification from First Data. The EMV liability shift will continue to influence convenience store strategies,” Jason Groff, director of petroleum and convenience retail at NCR, said in a statement.

EMV

PYMNTS

JULY 8, 2016

From bitcoin ransoms to EMV security, there are few areas that are out of bounds for the clever crew. Wearable technology has been a notable trend since the launch of the Apple Watch in April of 2015, but does donning the trendy tech also put the user at risk of getting their ATM PIN hacked? The researchers say yes.

ATM

Fintech Finance

JULY 9, 2024

.” Key Benefits of the NOW Money Mastercard Partnership: Global Acceptance: The NOW Money Mastercard payment card can be used worldwide, including online, in store, and at ATMs, providing customers with unprecedented access to their funds wherever they go.

Visa

Payments Source

MARCH 23, 2017

Today: Wells' cardless ATMs go national: Collison brothers make Forbes billionaires list; U.K. pushes check imaging; EMV sales slide. The information you need to start your day, including top headlines from PaymentsSource and around the Web.

EMV

PYMNTS

MAY 31, 2017

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? One way that smaller banks are competing in the market for consumers’ attention is through ATMs, where fleet placement can bring a firm to top of mind and cement loyalty.

ATM

The Paypers

APRIL 16, 2019

(The Paypers) Canara Bank has rolled out new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication by leveraging ACI ’s UP Retail Payments.

EMV

PYMNTS

JUNE 23, 2016

At least that’s what Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, suggests. A true indicator of the global demand and usage of cash, Delnevo said in a recent interview with PYMNTS, is the rising number of ATMs. There are more ATMs than ever before. The evolution of cash and ATMs.

ATM

PYMNTS

JANUARY 30, 2020

Encouraging use of EMV cards rather than magstripes helps protect consumers against card skimming, and many payments industry players are exploring biometric payment authentication and other methods as well. Hackers are thus eager to use stolen debit details to deplete victims’ savings at ATMs and points of sale.

Debit Card

The Paypers

FEBRUARY 8, 2017

(The Paypers) Vietnam Bank for Agriculture and Rural Development ( Agribank ) has updated its entire EMV network, including ATMs and POS terminals, using solutions from Compass Plus.

EMV

Payments Source

APRIL 5, 2016

One of the biggest problems American travelers faced when chip cards became mainstream in Europe was buying tickets at self-serve kiosks in train stations. With no ticket attendant, travelers risked becoming stranded because their mag stripe cards weren't recognized.

Chip Cards

PYMNTS

MAY 3, 2019

is still working on adopting EMV-based cards, with only 70 percent of storefronts now EMV ready, for instance, while India mandated nationwide EMV adoption at banks and ATMs as of Dec. Today, that pattern has shifted, resulting in India leaping over the West’s lagging payments systems. 31, 2018. .

Faster Payments

PYMNTS

JANUARY 22, 2020

Globally, more than 75 percent of all cards are now enabled with EMV chip technology. After a confirmed match, the internal EMV chip activates, and allows the card user to perform sales transactions via traditional credit or debit interface. More than 8.2

CHIPS

PYMNTS

OCTOBER 17, 2016

The transaction volume, as measured by dollars, said the firm, was up 100 percent, with EMV transitions in line with expectations. Blackhawk also said on its call that upcoming promotional launches will include closed loop cards across accounts such as Uber, Delta Airlines and Williams Sonoma.

ATM

PYMNTS

MARCH 13, 2020

New horizons in biometrics are making the greatest physical card security breakthroughs since the EMV chip. The powered fingerprint-reading card is recharged every time it’s inserted at an ATM. The new biometrics are backward-compatible and will reportedly work with existing ATMs. Identity as a Must-Have Service.

Authentication

PYMNTS

AUGUST 26, 2019

Today, when they are the product of state-sponsored rings, those attacks can mean millions of dollars leaving ATMS in minutes in a coordinated worldwide assault. Visa Vital Signs helps blunt the cash-out attacks emptying ATMs in a timed worldwide grab. Fighting The Infection .

ATM

PYMNTS

JANUARY 31, 2020

This also requires analyzing typical activities at payment terminals, POS devices or ATMs that accept the consumers’ cards. . “By You can look at the behavior of the ATM : Are the rates and pace and characteristics of this particular withdrawal at this ATM in pattern or out of pattern?” . The Rise of CNP Fraud.

ATM

PYMNTS

SEPTEMBER 19, 2018

Several credit unions, for example, recently formed partnerships designed to share resources, such as ATMs and physical branches. Both credit unions and banks recently gained access to a new set of tools designed to market access to multi-brand ATMs (MBAs). ATM solutions provider FCTI Inc.

Credit Union

PYMNTS

DECEMBER 21, 2016

Debit, as we know, is an extremely popular payment method, and while it’s generally hard to change the payments habits of consumers, there’s no bigger incentive to change than fearing that the bad guys have access to your bank account and are using it as their own personal ATM,” said Webster. What came next? Tokenization.

Breach

PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. All issuers must make these basic checks to prevent this category of fraud. “.

CHIPS