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Newly designed ATM offers cash via mobile phone
Wincor Nixdorf has announced the launch of a new automated teller machine (ATM), that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The system is intended to appeal especially to digital natives who have grown up with digital and mobile technologies. Smart phone users can initiate cash withdrawals [...]
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A million new ATMs installed in five years
The worldwide ATM installed base grew 7% in 2014, to reach three million units, according to RBR’s newly published Global ATM Market and Forecasts to 2020 report. This comes just five years after the two million mark was passed, and RBR forecasts that the four million mark will be passed by 2020. Global Installed ATM [...]
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New ATM malware GreenDispenser disclosed
Proofpoint say they have discovered a new type of ATM malware dubbed “GreenDispenser”, which allows infected machines to be drained of cash. When installed, GreenDispenser may display an ‘out of service’ message on the ATM, but attackers who enter the correct PIN codes can then empty the ATM’s cash vault and erase GreenDispenser using a deep delete [...]
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UK ATM numbers continue to rise passing 70,000 for the first time
Despite the UK’s love affair with contactless payments, new figures released by LINK, the UK’s cash machine network, reveal that the number of ATMs in the UK reached 70,180 in July, surpassing 70,000 for the first time. The growing number of cash machines reflects the essential role cash continues to play in the UK economy. ATM figures [...]
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Identity theft and ATM-related fraud top payments security concerns
According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it comes to electronic payments. 42% of consumers in Southeast Asia (Indonesia, Malaysia, Philippines, Singapore Thailand, and Vietnam) were most concerned with ATM-related fraud such as [...]
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