Traditionally, skimming seems like the most low-brow of security breaches in banking. Until Monday. That’s when what can only be described as a shockingly sophisticated skimming scheme was uncovered by KrebsOnSecurity, a leading security blog. What’s more, the scheme exposes what can only be described as an eyepoppingly idiotic security protocolRead More
Post Tagged with: "Diebold"
“Sorry, no cards — we’re cash only.” This depressing refrain sends many a millennial scuttling to the nearest ATM, where he will likely pay $2 or $3 so that the merchant can avoid a swipe fee. The cap on debit fees brought about by the Durbin Amendment seems to have done nothing to curbRead More
Last Thursday, Diebold, the ATM company, began piloting mobile authentication for its cash machines. Rival NCR had the technology in the summer of 2012. Not that you could immediately tell from all the chest-thumping from the North Canton, Ohio, ATM company. In a little-watched video interview with American Banker (see below),Read More
Before we arrive at completely self-service banking, we need a little mediation involving human beings. One form that mediation is taking is video teller assistance in the ATM environment. Bank of America began a test of enhanced ATMs with video banking capability — called Teller Assist — in April 2013Read More
Diebold’s new automated teller machine takes its inspiration from the user experience of mobile devices. Will it help millennials fall in love with the fusty old ATM? Diebold, headquartered in Canton, Ohio, is premiering the device at the Consumer Electronic Show today in Las Vegas.