Teens Hack ATM, Then Show Bank How Easily They Did It

Teens Hack ATM, Then Show Bank How Easily They Did It

Like something out of an ’80s movie starring a precocious teen with a computer his absentee parents bought him for his birthday, a pair of teenagers in Winnipeg used an ATM operator’s manual and some good old-fashioned guesswork to gain unauthorized access to a Bank of Montreal ATM — and then told the bank about what they’d figured out. [More]

3 Things Your ATM Could Soon Be Doing Besides Dispensing Cash

3 Things Your ATM Could Soon Be Doing Besides Dispensing Cash

Almost all of the more than 400,000 ATMs in the U.S. are used for the most basic of banking purposes — withdrawing cash and making deposits. But fewer people are using cash and it’s now often easier to deposit a check (in those rare instances when you receive one) via smartphone than it is to trek to the ATM. In order for the machines to survive (and someday play their part in the inevitable robot uprising), they must diversify. [More]

Bitcoin Continues To Take Over: First U.S. ATMs Open In Seattle, Austin This Month

Bitcoin Continues To Take Over: First U.S. ATMs Open In Seattle, Austin This Month

The wait is over. You can finally swap bitcoin for cash at the ATM. Okay, you can only do it at two ATMs in the United State, but it’s still a big step for the digital currency. [More]

(Todd Kravos)

Cops On The Lookout For Guy With An ATM That Doesn’t Belong To Him

Anyone living in North Carolina — if your friend lets you use his “personal” ATM, perhaps in the living room or backyard, it’s probably not his. We say that because police are currently on the hunt for a suspect who first stole an excavator from a construction site and then used it to boost a 2,000-pound ATM nearby. [More]

(Todd Kravos)

Beating Up The ATM That Ate Your Card Will Get You A Felony Charge Instead Of Cash

We’ve seen all kinds of seemingly minor acts turn into what’s termed “a pretty freaking big deal” just by a simple twist of events. Like admitting to past crimes, taking out too much anger on an ATM can earn you a felony. Police in New Hampshire say it wasn’t a simple kick that got one ATM customer in trouble, but a major mess-up. [More]

(Scentzilla)

Whoever Stole A Jukebox From Hooters Probably Mad It Dispenses Sweet Tunes Instead Of Cash

On one hand, the two men suspected of boosting a jukebox from a Hooters restaurant in San Diego are probably bummed if they thought it was an ATM. But on the other — how sweet would it be to have your own jukebox? Well, if it hadn’t been stolen. Because stealing is wrong, even if you think you’re stealing one thing and it’s actually something else. [More]

(kevindean)

Visa, FICO Warn Card Issuers Of More Sophisticated ATM Crimes

Card skimmers have been around for a while. And while they may have gotten smaller and harder to detect, the people using the skimmed data were generally limited to how much cash they could pull out of victim’s accounts in a day. And so a new breed of criminal has figured out a way to steal hundreds of thousands of dollars from ATMs. [More]

(Travelin' Librarian)

If All You’ve Got Is $17 In Your Account New ATMs Will Oblige With $1 And $5 Bills

For anyone who’s ever had to take out $40 at an  ATMwhen all you really needed was $25 and maybe your account balance is low enough that the higher amount causes a sticky situation, get excited. There are reportedly hundreds of new ATMs dotting the country that now dispense $1 and $5 bills so you can grab exact change when you need it. [More]

Do We Still Need Fee-Disclosure Placards On ATMs?

Do We Still Need Fee-Disclosure Placards On ATMs?

Back in 1999, the Electronic Fund Transfer Act began requiring that ATMs provide two separate disclosures of associated fees — one on the ATM screen before the transaction is confirmed and a second placard placed in a conspicuous location on the ATM itself. Yesterday, the House of Representatives passed an amendment to the EFTA that would eliminate the placard requirement. [More]

Not The Best Idea To Gamble That $1.5 Million You Got Due To Bank Of America’s Error

Not The Best Idea To Gamble That $1.5 Million You Got Due To Bank Of America’s Error

We’ve said it before and we’ll say it again — there’s no such thing as free money. And if you do find yourself in the possession of millions of dollars in cash because your bank messed up, don’t take that dough and gamble it all away. It’s not going to end well. [More]

Customer Discovers Card Skimmer On Bank ATM

Customer Discovers Card Skimmer On Bank ATM

When most of us think about illegal card skimmers on ATMs, we think of free-standing cash machines at convenience stores or on the street. But a sharp-eyed bank customer in Massachusetts spotted a skimmer at the last place you’d expect one: the bank. [More]

Just Because You're Illiterate Doesn't Mean You Shouldn't Be Able To Use The ATM

Just Because You're Illiterate Doesn't Mean You Shouldn't Be Able To Use The ATM

If you’ve ever found yourself trying to get money from an ATM that doesn’t want to display its menus in English, you know it can be aggravating. But imagine what it must be like for someone with no understanding of any written language. Now there are new ATMs being created for use in developing regions with lower literacy rates. [More]

ATM Repairman Accused Of Swapping Out Cash With Funny Money

ATM Repairman Accused Of Swapping Out Cash With Funny Money

An ATM repairman who is suspected of trafficking in counterfeit money stands accused of using ATMs as, well, ATMs for his criminal purposes. Authorities say the man swapped out $200,000 of genuine cash in exchange for his faux green. [More]

Skimmer Uses Bank Door Swipe, Crooks Don't Even Touch ATM

Skimmer Uses Bank Door Swipe, Crooks Don't Even Touch ATM

In a twist to the usual ATM skimmer scam, there’s a new report from Krebs on Security about crooks who put the skimmer inside the bank door-lock. When you swipe your card to get inside, they grab your digits. A camera hidden behind a mirror above the ATM and pointed down at the keypad records your PIN code when you punch it in. [More]

Reader Nearly Gets Jacked By Fake ATM

Reader Nearly Gets Jacked By Fake ATM

Reader Paul was trying to enjoy fried pop tarts at an outdoor city festival in his hometown when his debit card was nearly stolen by a fake ATM. Someone had modified an arcade cabinet and placed it outside a bank where it had captured the overflow traffic spilling out of the bank lobby. [More]

Fake ATMs Drain Your Account Dry

Fake ATMs Drain Your Account Dry

We’ve talked about spotting skimmers placed on ATMs before, but what if the whole ATM is a skimmer? [More]

Keep PayPal From Using The Default ATM Debit Setting

Keep PayPal From Using The Default ATM Debit Setting

PayPal exists to make money, not to help you. That’s why the unregulated money broker likes to ensure that when you pay with a linked account, you pay via the ATM debit card setting, because it’s cheaper for PayPal. Of course, that “savings” is sometimes deducted from you in the form of a transaction fee by your bank, but PayPal doesn’t care. If you want to change that payment method the next time you use PayPal, be prepared to jump through a lot of hoops. [More]

The Most Reasonable Letter We've Ever Received From A Guy Whose Bank Misplaced $14,000

The Most Reasonable Letter We've Ever Received From A Guy Whose Bank Misplaced $14,000

Meet Matt. He’s is the writer of the most reasonable, calm, thoughtful letter we’ve ever gotten from someone whose bank misplaced a check for $14,000. That bank is Bank of America, and they’ve lost a customer. Was it because their ATM ate the check? Not really. It was because they couldn’t even bother to act concerned about it. Matt is ready for a bank that thinks $14,000 is important. [More]