Posts Tagged ‘ATM’
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LATEST FINTECH NEWS
 
Fintechist Europe ATM Black Box Attacks

Mounting Number of ATM Black Box Attacks in Europe is Worrisome

by JP Buntinxon October 6, 2017
It is no secret automated teller machines are of great interest to criminals and gangs. Especially in Europe, attacks against these devices are on the rise. The so-called black box attacks are definitely on the rise throughout 2017 in spectacular fashion. This attack revolves around attaching a device to ATMS as a way to force […]
Fintechist Bitcoin ATM Alphavend West London

West London Receives its First Bitcoin ATM Courtesy of Alphavend

by JP Buntinxon August 26, 2017
Bitcoin ATMs have become somewhat common in the world today. With over 1,000 of these machines in operation around the world, they are not all that widespread, though. Most of the ATMs are located in the United States and Canada these days. Alphavend, a UK-based digital currency ATM operator, installed their first device in West […]

Fintechist Commonwealth Bank Coding Error AML

Commonwealth Bank of Australia Blames AML Violations on a Coding Error

by JP Buntinxon August 8, 2017
Commonwealth Bank of Australia is not taking their money laundering charges lying down.That is only be expected, considering this was facilitated by their intelligent ATMs. It turns out the group is blaming the laundering on ATM coding errors. An interesting turn of events, to say the least. It remains to be seen if this explanation […]
UK Bank Holiday Cash Withdrawals

August Bank Holiday Sets New UK ATM Cash Withdrawal Record

by JP Buntinxon September 3, 2016
Bank holidays in the United Kingdom are always an enjoyable time for consumers. Throughout the years, these days have been subject to a lot of problems. Banks facing technical issues would not be able to dispense money to its users. But this 2016 Bank Holiday was a big one for ATM cash withdrawals, and no […]

Fintechist_Hyosung Mobile ATM Maintenance

Nautilus Hyosung Unveils Mobile App For ATM Maintenance

by JP Buntinxon June 14, 2016
Bank ATMs are in need of constant maintenance, yet even that situation is starting to evolve. Not because these machines will become impeccable on the software side all of a sudden, but rather due to mobile maintenance solutions. Or that is what Nautilus Hyosung has envisioned, at least. The financial sector has to adapt to […]
Fintechist_Skimer ATM Malware

Skimer Malware Turns Bank ATMs Into Card Skimmers

by JP Buntinxon May 18, 2016
ATM skimming is a serious threat to consumers all over the world, as criminals look to defraud both customers and financial institutions alike. A new malware strain, called Skimer, turns an entire ATM into a skimming device without additional hardware requirements. Skimer ATM Malware Makes A Return It is not the first time Skimer ATM […]