Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Diebolds skimming technology receives banker tech award
NORTH CANTON, Ohio (6/18/08)--ATM manufacturer Diebold received the Banker Technology Awards 2008 Retail Award for Delivery Channel Security for its skimming detection technology. The technology detects the presence of skimming devices to help prevent ATM fraud and the loss of millions of dollars each year for financial institutions. The feature is included in every new Diebold Opteva motorized card reader at no charge. Diebold is a CUNA Strategic Services provider. The average industry cost for similar technology is between $1,200 and $1,500 per unit, Diebold said. Skimming can account for as much as 99% of ATM attacks in geographic areas, Diebold added. “In addition to the industry’s growing fraud concern, the No. 1 concern among financial institutions’ customers is the theft of personal financial information--surpassing terrorism, job security and natural disasters,” said Charles E. Ducey Jr., Diebold senior vice president of global development and services.
Other Resources

RSS





print
News Now LiveWire
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
23 minutes ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
2 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
2 hours ago
#BlackFriday financial promotions at #creditunions via @GOBankingRates http://t.co/mvcbv5A3QN
2 hours ago
.@PayPal co-founder launches payment-plan lending for online purchases via @CNBC http://t.co/c1FnZHaQya
3 hours ago