Spurt in ATM thefts costs banks rs8m

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In Ahmedabad alone, adults mislaid Rs10 million final week, interjection to a emanate in crimes like burglaries, robberies, car thefts, chain-snatching, etc. But what has doubtful even a military is a remarkable swell in cases of hidden of whole cash-laden involuntary teller machines (ATMs) of heading banks, not to discuss attempts to pound open them.

Earlier this week, thieves energetic divided an ATM containing Rs 2.2 million from a kiosk in Ahmedabad’s middle-class locality, Maninagar, a public subdivision of Chief Minister Narendra Modi, where 7 shops confronting a military hire were also looted in one night recently.

Surprisingly, instead of violation open a ATM, as generally happens, a adventurous gangsters of late take divided a whole appurtenance itself. Indeed, 6 ATMs have been stolen in a past 6 weeks with a banks losing Rs 8 million.

Though ATMs of

Article source: http://www.khaleejtimes.com/displayarticle.asp?xfile=data/international/2012/April/international_April201.xml§ion=international&col=

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ARM leads mobile banking confidence beginning with attention partnership

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Keep adult to date with a latest products, services and technologies from a world’s heading IT companies. IThound.com brings we over 2,000 white papers, box studies and researcher reports.

Article source: http://www.v3.co.uk/v3-uk/news/2165995/arm-leads-mobile-banking-security-initiative-industry-partnership

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Keying in ATMs’ future

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Every time a patron uses a bank teller, a transaction costs a financial establishment 4 times some-more than it would during an ATM.

So banks have a poignant inducement to indicate business toward programmed teller machines.

Wells Fargo, like a competitors, considers ATMs constituent to a business plan. The San Francisco-based bank tries to amp adult a preference cause by fixation machines where business are, pronounced Alicia Moore, San Francisco-based executive clamp boss and conduct of ATM banking.

JPMorgan Chase is another vital bank that devotes a apportionment of a bill any year to upgrading and replacing ATMs, Chicago-based mouthpiece Christine Holevas said.

But bank officials have to change a advantages of investing in a large, secure ATM network – and assembly new sovereign accessibility charge that took outcome Mar 15 – with a corporate charge to control costs.

As ATM manufacturers emanate improved confidence facilities and deposition options, bank officials have to confirm just

Article source: http://www.journalgazette.net/article/20120326/BIZ/303269923/1031/BIZ

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Safe, Smart, and… Fun? The Surprising Science of ATMs

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Using an programmed teller appurtenance is inherently risky. You mount there, your behind turned, signaling to everybody around that you’re about to have a clod of tens in your pocket. If you’re lucky, there’s a confidence ensure on duty. But customarily it’s usually we and whoever is sneaking in that small convex mirror.

ATMs themselves can’t quarrel crime, though decades of pattern expansion have done certain a machines themselves don’t turn perps. Step one: Make certain a income inside is real. As partial of a strong complement for classification out fraud, scanners inside a appurtenance not usually detect a form of note, they also make certain they aren’t fake. “One new underline is a ability to blacklist certain sequence numbers — to remove that information and review it to famous counterfeits,” explains Chris Rowe, clamp boss of self-service products during ATM manufacturer Diebold.

Deposits are safer too. Modern machines indicate a paper

Article source: http://www.gizmodo.co.uk/2012/03/safe-smart-and-fun-the-surprising-science-of-atms/

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Ryan’s Radical Budget: The Triumph of ‘You’re on Your Own’ Economics

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Yesterday, Rep. Paul Ryan of Wisconsin and his House Republican colleagues released their budget.  What follows is an overview of what’s in there, though we suppose, as most as I’d like we — need you! – to review what follows, we should start with this admission:

This bill isn’t going anywhere.  The Senate won’t accept it; a boss will not pointer it. 

So because review on?  we mean, even if it was going to be

Article source: http://www.rollingstone.com/politics/blogs/national-affairs/ryans-radical-budget-the-triumph-of-youre-on-your-own-economics-20120321

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GRG BANKING EQUIPMENT CO., LTD. : GRGBanking and ECTK Solution Reach … – 4

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03/20/2012 | 03:03am

ECTK Solution, Inc. (ECTKSI), a largest
Cash-in-Transit (CIT) association in Philippine sealed agreement
with GRGBanking in GRG’s headquarter, Guangzhou, China on
Mar 6, 2012. ECTKSI is to buy ATMs H22N/L and E300L from
GRGBanking to yield use to internal banks and financial
institutions.

H22N is a new era versatile Cash Dispenser in a
compress cost-effective footprint, that creates it one of the
customers’ favorite models. H22NL is a run indication of H22N.
E300L is a cost effective entrance turn money dispenser, an

Article source: http://www.4-traders.com/GRG-BANKING-EQUIPMENT-CO-6499814/news/GRG-BANKING-EQUIPMENT-CO-LTD-GRGBanking-and-ECTK-Solution-Reach-Breakthrough-on-Coope-14226078/

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GRG BANKING EQUIPMENT CO., LTD. : GRGBanking and ECTK Solution Reach … – 4

Filed in Banking industry news Leave a comment

03/20/2012 | 03:03am

ECTK Solution, Inc. (ECTKSI), a largest
Cash-in-Transit (CIT) association in Philippine sealed agreement
with GRGBanking in GRG’s headquarter, Guangzhou, China on
Mar 6, 2012. ECTKSI is to buy ATMs H22N/L and E300L from
GRGBanking to yield use to internal banks and financial
institutions.

H22N is a new era versatile Cash Dispenser in a
compress cost-effective footprint, that creates it one of the
customers’ favorite models. H22NL is a run indication of H22N.
E300L is a cost effective entrance turn money dispenser, an

Article source: http://www.4-traders.com/GRG-BANKING-EQUIPMENT-CO-6499814/news/GRG-BANKING-EQUIPMENT-CO-LTD-GRGBanking-and-ECTK-Solution-Reach-Breakthrough-on-Coope-14226078/

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2nd ATM stolen in Vadodara in 9 days

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Just 9 days after thieves walked divided with a whole Automated Teller Machine (ATM) from Gorwa, another ATM was stolen in identical conform from a same area in a diminutive hours of Saturday.

The Jawaharnagar military were left panting when they were sensitive that a ATM appurtenance of Axis Bank during a opening of Koyali encampment had been stolen. The machine, that cost Rs 2.5 lakh, had Rs 2.29 lakh money in it. The encampment is located nearby Gujarat Refinery of Indian Oil Corporation.

Jawaharnagar military and sleuths of Detection of Crime Branch (DCB) rushed to a selling centre in Ayush Park Society where villagers had collected after training about a incident. The thieves had dislocated a appurtenance from a clever room of a counter and installed it on a vehicle, a military said.

“The appurtenance was taken divided between 5 am and 10 am. It was there during its

Article source: http://www.indianexpress.com/news/2nd-atm-stolen-in-vadodara-in-9-days/925243/

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Synovus to reinstate 200 of the some-more than 400 ATMS during this year – Columbus Ledger

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The machines will have hold screens, permitting business to deposition adult to 50 bills or checks one after a other, with a digital duplicate of a papers being presented immediately. Text and email profits also will be available. Wincor Nixdorf machines are famous for their confidence features, including anti-skimming technology.

?This ascent signals another critical step in a efforts to yield best-in-class record that empowers a business to correlate with us whenever, wherever and however they prefer,? Kessel Stelling, Synovus authority and arch executive officer, pronounced in a statement.

Locally, Columbus Bank and Trust, a Synovus division, has 15 branches and some-more than 70 ATMs. Company orator Greg Hudison supposing an email matter Thursday that did not contend how many internal machines competence be replaced, usually that a ?significant portion? of a bank?s ATM ?fleet? will be finished during this time, with a residue during some indicate in a future.

Doing business in

Article source: http://www.ledger-enquirer.com/2012/03/16/1974222/synovus-to-replace-200-of-its.html

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Robbers cut open ATM, rob 23 lakh

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In a intolerable incident, unclear robbers allegedly cut a Automated Teller Machine of a open zone bank during Geeta Colony in East Delhi in a early hours of Thursday and done off with Rs.23 lakh in cash.

The occurrence came to light when confidence ensure Ramesh Kumar (52) reached a Gurdwara Road ATM of Punjab National Bank around 7 a.m. He found that a safe of a ATM had been cut with a gas knife and a money was missing. He reported a matter to a military and a box was registered.

“The confidence ensure deployed during a counter had left on leave before Holi and not returned. Ramesh was deployed as his replacement, though he did not spin adult for avocation on Wednesday night. As per a record, a final transaction during a ATM counter was carried out during 11.15 p.m. on Wednesday. The robbers struck any time

Article source: http://www.thehindu.com/news/cities/Delhi/article3001904.ece

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