Bank of America brings live teller video chat to ATMs

Bank of America brings live teller chat to ATMs

If you’re having trouble splitting those ATM deposits into both your savings and offshore accounts, Bank of America is there to help — literally. Its new ATMs with Teller Assist add real-time video chat, letting you speak directly to an agent for more complex transactions. Starting this month in Boston, you’ll be able to cash a check for the exact amount (including change) and select precise bill denominations for withdrawals, with functions like deposit splitting, cash back with deposit and credit card / loan payments rolling out later. The Teller Assist ATMs will run from 7 AM to 10 PM and hit locations across the rest of the US “throughout 2013.” Beleaguered shift workers (or white collar criminals) can see more in the PR after the break.

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Via: Fast Company

ATM Skimming Is Now Prolific on Payment Terminals and Ticket Machines

ATM skimming has become an art in recent years, with the devices that crooks use becoming ever more sophisticated. But fraudsters are broadening their reach, with payment terminals and ticket machines now just as much targets as ATMs. More »

Thin ATM skimmers fit into credit card insertion slot

The police force in an unidentified European nation have successfully discovered and retrieved extremely thin ATM skimmers. Just how thin? We are talking about wafer-thin here, being so small that they are more than capable of fitting right into the credit card insertion slot without the user noticing anything out of the ordinary.

According to Brian Krebs, “That’s according to two recent reports from the European ATM Security Team (EAST), an organization that collects ATM fraud reports from countries in the region. In both reports, EAST said one country (it isn’t naming which) alerted them about a new form of skimming device that is thin enough to be inserted directly into the card reader slot. These devices record the data stored on the magnetic stripe on the back of the card as it is slid into a compromised ATM. Another EAST report released this week indicates that these insert skimmers are continuing to evolve. Below are two more such devices. Insert skimmers require some secondary component to record customers entering their PINs, such as a PIN pad overlay or hidden camera.”

Hopefully this modus operandi will be able to be countered by ATMs around the world soon, otherwise do expect to hear and read about increases in credit card fraud cases.

By Ubergizmo. Related articles: ATM scans palm as security measure, Cupcake ATM dispenses sugary goodness ,

Security researchers find new wafer-thin ATM card skimmers in use

Security researchers find new waferthin ATM card skimmers in use

ATM card skimming is hardly a new activity, and neither are card skimmers that continue to get smaller and more discreet. As Brian Krebs of the Krebs on Security blog reports, though, a new development out of Europe has now crossed a key, and potentially troublesome threshold. The European ATM Security Team (otherwise known as EAST) has discovered a new type of wafer-thin card skimmer in use in at least one unnamed European country that’s small enough to fit directly in the ATM’s card slot — that’s as opposed to most current skimmers that can be well-disguised but generally sit on top of the card slot. As you can imagine, that makes it considerably more difficult to spot for even the most attentive ATM users, but Krebs notes that the skimmer still requires a secondary device like a camera or keypad overlay to record a person entering their PIN.

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Security researchers find new wafer-thin ATM card skimmers in use originally appeared on Engadget on Tue, 24 Jul 2012 21:36:00 EDT. Please see our terms for use of feeds.

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You Can’t Even See The Latest ATM Card Skimmers [Security]

While there have been plenty of terrifyingly realistic card skimmers in the past, we have bad news for you: the latest breed of skimmers are so thin that they’re inserted into the ATM, so you can’t see them at all. More »

This Island Tiki Hut Hides A Lot of Money [Design]

You see that phone booth-sized tiki hut made of bamboo, stone and glass? That’s a specially made building that houses the only ATM in a village. On top of that, it’s completely solar powered, naturally designed for its island and holds a whole lotta cash. More »