Discover how chip cards enhance security with embedded microchips. Learn their types, benefits, and how they work to secure transactions at ATMs and stores.

Banks are losing $1 million a month to scams targeting automated teller machine cards, but many of these crimes could easily be thwarted using security features already built into the cards, a report ...

Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic ...

Banks, credit unions and convenience stores on Long Island have fallen victim to ATM skimming in the past year, part of a $2 billion problem worldwide, according to the ATM Industry Association. In an ...

Seth Rabinowitz recalls the time he used his HSBC ATM card on a Sunday afternoon in São Paulo, Brazil, at an ATM outside a bank that seemed closed, because it was after regular hours. "It rejected my ...

Security researchers are eager to poke holes in the chip-embedded credit and debit cards that have arrived in Americans’ mailboxes over the last year and a half. Although the cards have been in use ...

Thieves are still able to steal information from cards' magnetic strips. — -- When it comes to stealing credit card information, it's unfortunately as easy as swiping your card in any skimming ...

With the clock ticking for ATM owners to begin accepting EMV chip cards, BPC Banking Technologies plans to bring software to the U.S. to help banks navigate the complex conversion to smart-card ...

A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment ...

Banks are likely to see cash-machine fraud rise unless steps are taken to improve their cash-machine infrastructure, the European Network and Information Security Agency (ENISA) has warned. ENISA said ...