Man hold for ATM hacking

Filed in Banking industry news Leave a comment

A Romanian male was arrested on Sukhumvit Soi 7 for hacking into European banks’ patron information to make withdrawals from programmed teller machines (ATMs) in Thailand.

Tourist Police yesterday presented to a press a suspect, Lozinca George Alexandru, 22, along with Bt6,000 (S$251) cash, 655 feign electronic cards, a captivating frame reader and recorder, and a cover computer.

Siam Commercial Bank’s rascal impediment officials had alerted military about a unapproved withdrawals.

After military identified a think from

Article source: http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20111209-315297.html

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Ziraat Bank to build the largest biometric ATM network in Europe

Filed in GRG Banking | news | Products Leave a comment

Ziraat Bank (T.C. Ziraat Bankas? A.?.), Turkish’s largest state bank, is to build the largest biometric ATM network in Europe by January 2012.

The bank had bought 1505 GRG recycling ATM, all of which are equipped with palm vein readers, the latest biometric security technology used in ATM. In addition, 1,400 desktop palm readers that can connect PCs via USB were ordered and the delivery is completed.
Biometric palm vein scanner GRGbanking
By January 2012, “1.400 desktop palm readers will be disseminated over branches for the purpose of reading the customer’s palm vein data”, said Mr. Ali Araz on ATMIA ATM Security 2011, London. Araz is the General Manager of Fintek, which is the IT company of Ziraat Bank, and CIO of Ziraat Bank. Besides ATM from GRGBanking, the Bank has currently 2,900 ATM from NCR and Wincor Nixdorf ATM. Continue reading “Ziraat Bank to build the largest biometric ATM network in Europe” »

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GRGBanking tackles the ATM software market

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GRGBanking

GRGBanking tackles the ATM software market

 

GRGBanking is launching its new GRG FEELTM (Financial Equipment Extended Link) software suite which provides a selection of standard software that is required in the Financial Self Service area and ranges from Terminal controlling to Security, Payment networks, Managed Services and even value-added and business extensibility surrounding ATMs.

 

The GRG FEELTM Suite is designed to provide an effective solution for commercial and retail banks to manage their expanding ATM networks, reduce its operational cost, enhance its functionality and security.

It consists of:

FEEL Switch – an ATM switching software and 3rd party international card acquiring gateway, which is able to process a complete and country-wide ATM and payment network. Today already successfully in use for thousands machines in China and different countries worldwide.

FEEL VIEW -a multivendor ATM fleet management and monitoring system, which is already today used to manage ATM fleets of more than 100 banks with more than ten thousand of ATMs.

FEEL SECOne- a comprehensive ATM Security software that can offer protection to ATM systems, including the terminal operation system, device controlling instructions, internal processes, confidential data, network communication and even USB access.

 

In order to market the GRG FEELTM Suite, GRGBanking has set up a totally new Business Development Unit under Administration of Mr David Zhong.

In addition to GRG FEELTM Suite, GRG Banking has developed many other packaged solutions, which will focus on diverse financial and non-financial areas such as the Prepaid market, the Retail market, and further be extended vertically to Postal, Petrol, Parking, etc.. According to the plan of Mr David Zhong, GRG solution portfolio will keep expanding from 2011.

 

About GRGBanking:

 

Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

 

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GRGBanking Shines at China ATMs 2011 Conference

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The China ATMs 2011 Conference, jointly produced by ATMIA and RBR, was held at InterContinental Hotel Financial Street, Beijing on 14th and 15th of March 2011.

During the 2 days conference, 28 speakers have delivered speeches on various topics including case studies and industrial information exchange by banks, IADs, solution provider and networks from across the Asia-Pacific region. Mr. Song Rui, Senior Manager, from IT Department, Bank of China (China) and Panfeng Luo, Assistant to General Manager, from GRG Banking (China) gave a joint speech on ATM Security Analysis and Defense as well as GRG software holistic security solution SECOneTM.

At the exhibition area, GRG recycler ATM H68NL attracted visitors through OCR technology and excellent deposit/withdrawal performance. High speed deposit machine P2801L made a big noise as it is rare and of advanced functions. Its OCR image tracking technology is also a highlight. Moreover, along with the introduction of “cassettes swapping management replaces cash management”, GRG presented various application modes and cases of this concept in the market.

The participants highly appreciated GRG’s showcase and presentations. “It is remarkable and informative.” one of them said after visited GRG’ booth.

Around 200 visitors had attended the exhibition of this year. According to the organizer, it is the only dedicated ATM conference in China-the world’s fastest growing ATM market, and has become an important gathering for senior decision makers and key players of ATM industry.

About GRGBanking:

Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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Consumers are Unaware of Common ATM Security Threats According to Wincor Nixdorf Survey

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Consumers are Unaware of Common ATM Security Threats
According to Wincor Nixdorf Survey

Majority of consumers would switch banks to get more secure ATMs

Wincor Nixdorf, one of the world’s leading providers of IT solutions and services to retailers and retail banks, announced that, according to its recent survey, consumers are largely unaware of major security threats at their ATMs – but would switch banks if another institution demonstrated that it provided more secure ATMs.

The study polled the knowledge, preferences and trends around ATM security of consumers based in the United States. The survey revealed that, despite an overwhelming concern about ATM fraud, the majority of consumers are unaware of popular fraud tactics, such as ATM card skimming. Skimming causes $350,000 in monetary losses each day and is occurring five times more frequently this year than ever before, according to the Secret Service.

Additionally, the majority of consumers agreed that if another bank offered significantly more advanced ATM security, they would switch banks. Continue reading “Consumers are Unaware of Common ATM Security Threats According to Wincor Nixdorf Survey” »

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The first Chinese ATM R&D Academy officially launched

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After more than one year of preparation, the first Chinese ATM R&D Academy,GRG R&D Academy , which is founded by GRG Banking—the NO.1 local ATM brand, started service on 1st Nov. 2010. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.

The GRG R&D Academy which occupies a space of about 4000 square meters is recognized as a state level financial electronics technology center. It consists of the R&D Center Office, Institute of ATM, Institute of ATM security, Institute of General Research, Institute of Basic Research, Institute of AFC Research, Institute of Software Research and the Test Center.

Continue reading “The first Chinese ATM R&D Academy officially launched” »

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Diebold Introduces New Skimming-Protection Solutions to Combat ATM Fraud

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Hardware and outsourced monitoring solutions deliver advanced levels of ATM protection

NORTH CANTON, Ohio, June 1, 2010 /PRNewswire via COMTEX/ –Advancing its 150-year legacy of leadership in the financial and self-service and security industries, Diebold, Incorporated (NYSE: DBD) has introduced a comprehensive portfolio of skimming-protection solutions that help financial institutions mitigate card skimming, one of the largest threats against the automated teller machine (ATM) channel worldwide.

Designed to provide effective countermeasures against known skimming attack vectors, Diebold’s ATM Security Protection Suite consists of anti-skimming packages and an industry-leading outsourced monitoring service. The suite offers five levels of protection to proactively guard against increasingly sophisticated card-skimming attacks.

“As a trusted partner and leader in providing ATM security solutions, Diebold is committed to working with our financial-institution partners to help reduce financial losses and maintain confidence in the ATM channel as a whole,” said Chuck Somers, vice president, ATM security and systems, Diebold. “Diebold’s comprehensive portfolio of skimming protection solutions represent an advanced generation of technologies and the most innovative anti-skimming expertise in the industry.”
Continue reading “Diebold Introduces New Skimming-Protection Solutions to Combat ATM Fraud” »

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Global ATM Maintenance, repair and operations (MRO)

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Hello all,

if you are already connected to the LinkedIn professional network than it is very easy for you to check and join these groups:
Global ATM Maintenance, repair and operations (MRO)

and

Atm Spare Parts Finder

It is important to network to get the maximun out of the internet. So please do not hesitate and join the two above mentioned groups.

If you are new to LinkedIn, go to this address to join the network.

I am looking forward to discussing with you!

Kind regards

Ulrich

www.KeywordSpy.com
Give your site the exposure it needs

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Wincor World 2010: Cash Cycle Management Solutions in Focus

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The topic of cash cycle management will be the focus of Wincor World 2010, which will take place in Paderborn from January 26 to 28. At this event, Wincor Nixdorf invites IT decision-makers from all over the world to join in the discussion on IT solutions that enable the optimization of branch and store processes at retail banks and retail companies. The company and many of its partners will present solutions for hardware, software, service and professional services across an area of some 10,000 square meters. As in years past, a prominent feature of the event is the targeted transfer of know-how through a program of presentations.
The circulation of cash – which continues to be the leading payment medium – is the source of extensive manual work and high processing costs in addition to posing security risks. For this reason, Wincor Nixdorf is placing solutions for cash management at the heart of this year’s Wincor World. With its innovative, significantly expanded Cash Cycle Management Solutions portfolio, Wincor Nixdorf is presenting itself as an end-to-end supplier for the design of intelligent cash processes. A number of solution scenarios demonstrate how the redesign and automation of cash processes through innovative technologies can significantly increase efficiency, transparency and security. As a result, savings of more than twenty percent in the costs of cash processing can be achieved. Wincor Nixdorf’s approach rests on streamlining cash management in retail stores and banks, but beyond that it intelligently connects cash processes across sectors. The company will therefore present not just concrete solutions for cash processes in bank branches and stores, but also concepts for cross-sector cash cycle management. Continue reading “Wincor World 2010: Cash Cycle Management Solutions in Focus” »

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Police investigating debit card skimming

Filed in atm security | Fraud | Skimming Leave a comment

Police investigating debit card skimming

By: Staff Writer

WINNIPEG — Hundreds of Winnipeggers are believed to be victims of a debit card skimming operation.

Winnipeg police said this morning that a preliminary investigation has found that debit card machine pin pads at several businesses have been compromised, with the information used in fraudulent purchases in eastern Canada.

Police said that the investigation is expected to take several months, adding that financial institutions in the city are co-operating.

Anyone who believes that their debit card information has been used in a fraudulent purchase should contact their financial institution.

If you’ve been victimized, please contact the Free Press newsroom at city.desk@freepress.mb.ca or call 697-7292.

city.desk@freepress.mb.ca

Source: Winnipeg Free Press

More skimming and antiskimming information you will find at antiskimming.info

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