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ATM card capture crime soars in EU; pressure grown on US to move to EMV

ATM card capture crime soars in EU; pressure grown on US to move to EMV

The European ATM Security Team (East) is reporting a sharp rise in losses from ‘card trapping’ scams at European cash machines for the first six months of 2009. While card skimming incidents are down by 19% (from 5,693 to 4,629 incidents), card trapping incidents have increased by 640% (from 141 to 1,045 incidents). In the [...]

The post ATM card capture crime soars in EU; pressure grown on US to move to EMV appeared first on Payments Cards & Mobile.

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