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ATMs require dual-factor authentication in the form of a physical card and a PIN, and this same concept should be extended to phone transactions, writes Patrick Cox, CEO of TRUSTID.
April 17TRUSTID -
Longtime payments industry executive Kim Crawford Goodman has been named president of card services at Fiserv, where she will oversee the payments and ATM services, including credit and debit processing.
April 12 -
Resourceful crooks will relentlessly probe systems, processes and people until they find a weakness or an opportunity. That weakness is the magnetic strip that still exists on all EMV cards, according to Nathan Horn-Mitchem, senior vice president and chief information security officer at Provident Bank.
April 11Provident Bank -
Community banks are slowly warming up to the pricey technology to reduce their reliance on branches, speed up transactions and provide convenience for customers.
April 5 -
Slowly and silently, 10,000 free-to-use ATMs are set to disappear from Britain’s high streets over the next four years — despite recent findings that at least 3 million people across the U.K. rely on cash for almost all of their day-to-day payments.
April 2 -
The mastermind behind malware attacks that programmed ATMs to spit out cash on demand and caused more than 1 billion euros ($1.2 billion) of losses has been arrested in Spain.
March 26 -
A new kind of ATM fraud has begun to hit U.S. financial institutions. Here's how to protect your credit union.
March 23 -
The bank will enable customers to access its 2,500 ATMs via mobile banking.
March 19 -
As Diebold Nixdorf continues its evolution from decades as a leading manufacturer of standalone ATMs to a maker of omnichannel-connected banking, it’s created a new service leveraging the Internet of Things.
March 12 -
In a 26-year career at Discover Financial Services, it would seem that Amy Parsons has earned the title of a "doctor" of payments.
March 12