Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
Enlarge (credit: STML / Flickr) Two men have been charged with stealing as much as $ 50,000 through “Jackpotting,” a crime that causes malware-infected ATMs to rapidly empty their cash reserves to waiting accomplices. Alex Alberto Fajin-Diaz, 31, of Spain, and Argenys Rodriguez, 21, of Springfield, Massachusetts, allegedly dressed as ATM repair technicians and approached […]
(Reuters) — A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $ 1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service official said on Monday. Within the past few days […]
Enlarge (credit: Martin Iturbide) For the first time on record, ATMs located in the US are falling prey to jackpotting, an attack in which malicious hardware or software forces the machines to dispense huge amounts of cash to waiting thieves, KrebsOnSecurity reported over the weekend. Jackpotting has been documented in other countries, but until recently […]
BII This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. Fintech broke onto the scene as a disruptive force following the 2008 crisis, but the industry’s influence on the broader financial services system is changing. The fintech industry no longer stands clearly […]
As bitcoin prices fluctuate near record highs and adoption picks up, the world’s largest bitcoin ATM provider is bringing its largest installation to-date to Georgia. Coinsource has placed 18 of its bitcoin ATMs in Atlanta which, along with 2 in Athens, add 20 new units to Georgia’s current bitcoin ATM network. Coinsource leadership says the large installation […]
Two brothers are suspected of robbing dozens of ATMs in Turin, Italy while wearing rubber Trump masks. Feedburner
Wells Fargo’s pilot trial for cardless withdrawals must have gone well, because the bank is rolling out the feature to all of its 13,000 ATMs across the country. The company debuted the feature in select ATMs earlier this year. Starting on March 27th, though, you can withdraw cash from any of the bank’s machines using […]
Thomson Reuters We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the new fintech revolution. The battle already underway will create […]
