Euronet Worldwide payments provider has deployed its first Independent and Shared Automated Deposit Terminal (ADT) Networks in Poland and Romania. Euronet’s new Independent ADT Networks in Poland and Romania feature off-site ADTs located in high-traffic retail locations which have extended hours, making access more convenient than traditional bank branches. ADTs allow customers to enjoy real-time access to their funds, reduced wait times at the bank branch and a variety of deposit types including account deposits and deposits for credit card or loan payments, with additional transaction types to be supported in the future.
ADT Business Solutions released its next generation of ADT Anti-Skim ATM Security solutions to help protect from ATM skimming. Its anti-skimming technology offers multilayered security to help protect ATM customers from this crime, installing inside the ATM an enhanced ADT Anti-Skim ATM Security kit. This features technology that works on all major ATM makes and models, which is triggered upon detection into the alarm mode, generating sound and visual warnings on the control unit. In alarm mode, the kit also emits an omnidirectional magnetic pulse that disrupts the normal operation of the skimming device, rendering its operation useless. Ultimately, the ADT kit provides a full range of ATM card trapping, tamper and false-front protection.
The world is experiencing a boom in deposit automation in the 46 largest world markets for technology. Record numbers of new automated deposit terminals (ADTs) were deployed in 2008 and 2009 – during the height of the global financial crisis. However, many financial institutions now consider deposit automation the technological advantage they cannot do without, partly due to a strong financial business case and partly because it has a tangible positive impact on the customer experience. These findings, according to Retail Banking Research’s “Deposit Automation and Recycling 2010,” indicate total of 464,000 ADTs had been installed worldwide by the end of 2009, a figure that has increased by 44% since 2007. This phenomenal growth rate significantly outpaced that of non-deposit ATMs, which grew by just 12% during the same period, and has helped sustain the major ATM manufacturers during this difficult period. Additionally, as more banks worldwide roll out automated deposit terminals, the technology is becoming increasingly important, for which RBR expects the number of ADTs worldwide to triple by 2020, to reach 1.4 million.
FL-BankAtlantic announced that Charles Bean is the Grand Prize winner of
its ATM “Access to Music” Sweepstakes contest.
In addition to winning two ADT Club tickets to five summer concerts held
at the BankAtlantic Center in Sunrise, Florida, Bean won a backstage
tour to each of the five concerts and a meet-and-greet with one mutually
agreed upon performing artist. He will receive a special gift bag of
tour merchandise for each of the five concerts at the BankAtlantic Center.
FL-based BankAtlantic will award a grand prize winner two ADT Club tickets to five summer concerts as part of the BankAtlanticâs ATM âAccess to Musicâ Sweepstakes. The Grand Prize winner will receive a special gift bag of tour merchandise for each of the five concerts at the BankAtlantic Center.
ADT Security Services
is introducing to North American financial institutions its
“Anti-Skim ATM Security Solution” that helps prevent skimming attempts and
detects skimming devices on all major ATM makes and models. The ADT solution is installed inside
near the card reader, making it invisible from the outside. The technology
helps prevent card-skimming attempts by interrupting the operation of the
illegal card reader. The solution also detects the presence of foreign
devices placed over or near an ATM card entry slot, without disrupting the
customer transaction or operation of most ATMs. For effective, layered ATM
security, the ADT solution can trigger a silent alarm for command center
response and can coordinate video surveillance of all skimming activities.
ADT Security Services has introduced the “ADT Anti-Skim ATM Security
ADTâs anti-skim solution is installed inside an ATM near the card
reader, making it invisible from the outside. The solution detects the
presence of foreign devices placed over or near an ATM card entry slot,
without disrupting the customer transaction or operation of most ATMs.
Also, the technology helps prevent card-skimming attempts by
interrupting the operation of an illegal card reader.The ADT Anti-Skim
ATM Security Solution helps protect the integrity of cardholdersâ
information during ATM transactions and can trigger a silent alarm for
command center response and coordinate
video surveillance of all skimming activities. It requires no software
adjustments to the ATM, does not connect to
or affect the ATM communications network and has more than 40,000
successful ATM applications worldwide.
Prior to its North American introduction, the “ADT Anti-Skim ATM Security
Solution” was successfully field tested on dozens of ATMs of four major
U.S. financial institutions in controlled pilot programs. Testing pilots
yielded positive results, with no known skimming compromises occurring.
Intell-A-Check, Corp. announced it is offering the first NACHA-compliant e-mail confirmation notice solution for telephone based electronic ACH payments. By taking advantage of e-mail confirmation of electronic paymens, costs and processing time will be reduced.
VeriFone has signed four European channel partners including EL-ME Ag in
Germany, Necomplus in Spain, Smartel SpA in Italy, and VIDRA info in
Yugoslavia.VeriFone has more than 30 existing partners that make up the
company’s extensive channel to market in the Europe, Middle East and Africa
region. EL-ME Ag specializes in the development, production and
distribution of electronic systems for the German market. SMARTEL SpA is
dedicated to the design and deployment of card, payment and loyalty systems
as well as the support and management of POS-terminal networks and has more
than 280,000 terminals installed throughout the country. Necomplus has
nearly 10 years of experience in serving the merchant and acquirer
community in Spai offering software solutions for electronic payment
including multi-application capability at the Point-of-Sale, remote
diagnostics and management tools, and innovative loyalty systems. VIDRA
Info, a wholly owned subsidiary of Arius, is an IBM Business Partner
serving more than ten of Yugoslavia’s leading banks and some of the largest
public organizations in the country, and has recently formed a joint
venture with Komercijalna Banka and Euronet to set up and run a national
processing centre for POS and ATM transactions.
While retailers are losing billions of dollars to fraudulent credit card activity, the figure pales in comparison to losses from theft. According to new report from the ‘National Retail Security Survey’, retailers are facing growing inventory shrinkage, which is a combination of employee theft, shoplifting, vendor fraud and administrative error. The net result is retailers lost $32.3 billion last year. Based on the 2000 survey results, retailers lost 1.75% of their total annual sales to these problems, up from 1.69% in 1999. Retail security managers attributed more than 46% of their losses to the thefts of disgruntled workers. By comparison, 31% of retail losses were the result of shoplifters. The remainder of annual retail losses are due to paperwork errors (17.6%) and theft by vendors (5.8%). Translated into U.S. dollars, retail employee theft costs retailers $14.9 billion annually, while shoplifting costs $10 billion.