By using a malware attack on the bank’s ATM server, hackers stole customer information and withdrew 805 million rupees in 14,849 transactions in just over two hours on August 11, mostly overseas.

Americans are getting ready for a cash-free existence, says a new report.

This camera provides 3MP images and a 3-foot vertical view of ATM customers, enabling banking security officials to clearly identify faces and distinguishing features.

Wells Fargo & Company has initiated cardless technology at 13,000 ATMs that will allow customers to use ATMs without physical debit cards. 

 

The American Bankers Association’s nation-wide bank robbery database, known as ABA Bank Capture, has a new interactive feature that allows subscribers to input ATM crime data — including ATM skimming — providing even more actionable intelligence to help reduce financial crime.

The number of ATMs in the US compromised by criminals rose 546 percent in 2015 over 2014, according to analytic software firm FICO.

Citigroup Inc. is testing new technology that would allow customers to withdraw money with an eyeball scan or a code on a smartphone instead of a card swipe.

So you want to rob a bank; not saying you should, but... the “best” day is Friday, and the best time is between 9 and 11 a.m. So set your cellphone to an early wake-up call. Concentrate on a branch in a commercial section of the city. Go up to the teller counter and say your threat or hand over a note. Avoid an act of violence; only three percent of incidents of robbery, burglaries and larcenies resulted in violence in 2014. By the way, vastly more perpetrators are killed in a bank robbery compared to customers or employees.