The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an “ATM Cash-Out,” in which they hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours. […]

There has recently been a lot of discussion in the industry surrounding the discontinuation of SSL and early TLS protocols.  Basically, security and encryption upgrades set forth by the PCI Security Standards Council are requiring the use of TLS version 1.2 on all ATM transactions moving forward. WHAT IS REALLY GOING TO HAPPEN? If your […]

Meta has confirmed with the State of Illinois that effective June 30, 2017, the requirement for non-bank ATM owners to register terminals with the Illinois Department of Financial and Professional Regulation, Division of Banking has been repealed. If you remember, Meta negotiated with the State of IL to provide quarterly reporting to the state of […]