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
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
14 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
16 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
18 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
18 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
19 hours ago