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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Man Arrested For ATM Fraud From Delhi's Okhla Industrial Area: Police
A 28-year-old man has been arrested in Delhi's Okhla Industrial Area for allegedly withdrawing money from bank accounts of people after swapping their ATM cards on the pretext of helping them, police said on Sunday.
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50% ATMs In India May Shut Down By March Next Year, Says Report
Nearly 50 per cent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, and dealing a blow to the digitization policy, the Confederation of ATM Industry (CATMi) warned on Wednesday.
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100 Crore Needed To Make ATMs Ready For New Rs 100 Notes: ATM Operators
The ATM operations industry today said introduction of a new Rs 100 note creates many challenges and an investment of Rs 100 crore will be required to recalibrate the country's 2.4 lakh machines.
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ATMs Remain Cashless In Noida
ATMs in this industrial town adjacent to the national capital wore a desolate look today -- the 26th day since the demonetisation of high-value currency notes -- with no one standing in queue to withdraw money as each one of the outlets displayed a 'no cash available' sign outside.
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Rs 7.97 Lakh Looted From ATM in Jaipur
A cash of Rs 7.97 lakh was stolen by robbers after cutting the cash box of an ATM of a nationalised bank at Gilot near Neemrana industrial town in Alwar district early today, police said.
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How the 45 million dollar ATM heist poses danger to India's IT industry
A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.
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Prepaid debit cards: a weak link in bank security
A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.
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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Man Arrested For ATM Fraud From Delhi's Okhla Industrial Area: Police
A 28-year-old man has been arrested in Delhi's Okhla Industrial Area for allegedly withdrawing money from bank accounts of people after swapping their ATM cards on the pretext of helping them, police said on Sunday.
-
50% ATMs In India May Shut Down By March Next Year, Says Report
Nearly 50 per cent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, and dealing a blow to the digitization policy, the Confederation of ATM Industry (CATMi) warned on Wednesday.
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100 Crore Needed To Make ATMs Ready For New Rs 100 Notes: ATM Operators
The ATM operations industry today said introduction of a new Rs 100 note creates many challenges and an investment of Rs 100 crore will be required to recalibrate the country's 2.4 lakh machines.
-
ATMs Remain Cashless In Noida
ATMs in this industrial town adjacent to the national capital wore a desolate look today -- the 26th day since the demonetisation of high-value currency notes -- with no one standing in queue to withdraw money as each one of the outlets displayed a 'no cash available' sign outside.
-
Rs 7.97 Lakh Looted From ATM in Jaipur
A cash of Rs 7.97 lakh was stolen by robbers after cutting the cash box of an ATM of a nationalised bank at Gilot near Neemrana industrial town in Alwar district early today, police said.
-
How the 45 million dollar ATM heist poses danger to India's IT industry
A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.
-
Prepaid debit cards: a weak link in bank security
A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.
