ATMs

Point-of-sale integrators, help desks, and other computer-related service providers for businesses, look out—the hackers are after you. The new Global Security Report 2018 from Chicago-based Trustwave says service providers were involved in 9.5% of the 700-plus data compromises the firm investigated in 2017. In 2016, service providers played a role …

Bank processors over the past several years have worked to combine cardless technology with a continuing consumer demand for cash, a trend that took on momentum on Wednesday with an announcement from Fiserv Inc. that three ATM manufacturers are now supporting the company’s 3-year-old CardFree Cash service. ATM makers Genmega, …

NCR Corp. announced that chairman and CEO Bill Nuti will step down for health reasons after its board of directors completes a search for his replacement “in the next couple of months.” Nuti then will serve as chairman emeritus and a consultant to the ATM and point-of-sale payment technology provider. …

VeriFone Systems Inc. introduced its Carbon Mobile 5, a point-of-sale device that fits in the palm of the hand and can run payment, loyalty, and inventory-management applications on the Android operating system. Financial Transmission Network Inc. (FTNI) said Merchants Foodservice, which FTNI says is the 12th-largest U.S. food-service distributor, will …

In the wake of the Florida school shooting, First National Bank of Omaha has said it will not renew an agreement it has with the National Rifle Association to issue a cobranded Visa card. American Express Co. said its cardholders can now use their Membership Rewards points to order items …

Fourth-quarter hardware sales for ATM and banking and retail-payment equipment manufacturer Diebold Nixdorf Inc. fell 11% year over year to $473.2 million, but software and services revenues rose 19% and 7%, respectively, the company reported. Credit card balances hit $834 billion in the fourth quarter, up 7% from $779 billion …

ATM manufacturer NCR Corp. reported Thursday that its ATM revenues declined 21% in the fourth quarter, but point-of-sale hardware revenues grew 23%. Total revenues at Atlanta-based NCR came in at $1.78 billion, down 1% from $1.8 billion in 2016’s fourth quarter and off 3% on a constant-currency basis. The company …

The U.S. Secret Service began warning financial institutions last week about ATM “jackpotting,” in which a machine quickly spits out huge amounts of cash after being physically compromised by organized gangs and infected with a variant of malware first seen in 2013, according to KrebsOnSecurity. Hackers are especially targeting Diebold …

Bitcoin may have slipped from the near $20,000 price it commanded a little over a month ago, but it’s still selling for around $11,000, nearly a dozen times its value a year ago. That’s drawing in plenty of investors and other high rollers, but it’s also attracting average citizens, including …

The evolution of ATMs away from strictly card-based usage and toward mobile devices advanced Thursday when Fort Lee, N.J.-based Cross River Bank reported that it is the first bank to offer Mastercard Inc.’s Cash Pick-Up service. The service, which Mastercard announced in September, enables so-called underbanked or unbanked consumers to …