ATM fraud - updates

Rappler's latest stories on ATM fraud

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Bulgarian man arrested in Pampanga for ATM skimming

Jan 05, 2018 - 2:16 PM

Bank guards noticed Ivaylo Sashov inserting ATM cards in succession in a BPI machine, Pampanga police say

Security Bank, RCBC add anti-fraud measures to debit cards

Sep 18, 2017 - 10:40 PM

Both banks add a remote lock/unlock feature to guard against unauthorized transactions

BDO chief likens fight vs ATM skimming to running on treadmill

Jun 22, 2017 - 8:50 PM

In a demo of skimming devices at a House hearing BDO describes how banks react to evolving tools used by fraudsters

ATM THROAT. Skimming devices lie in wait inside an ATM's throat, looking to copy the data on an ATM card.

BPI, BDO take preventive measures to avoid repeat of glitches, fraud

Jun 21, 2017 - 2:48 PM

Testimonies of bank representatives before the Senate reveal loopholes that made their systems vulnerable

ASSURANCE. Two of the biggest banks in the country assures the public there is no need to worry amid glitches and ATM fraud.

BPI hits higher net income in Q1, makes progress vs ATM hackers

Apr 20, 2017 - 5:50 PM

The bank kicks off 2017 with a net income of P6 25 billion in the first quarter It also announces the conviction of a member of an ATM skimming syndicate

Smartphones to replace cards at bank machines in US

Feb 21, 2016 - 11:45 AM

The smartphone based system aims to cut transaction time and prevent skimming

epa05111083 (FILE) A file photo dated 28 September n2012 showing a building reflected in the window of a Bank of America branch in New York City, New York, USA. Bank of America released their 4th quarter results on 19 January 2016, saying their 2015 net income was up 9 per cent to 3.3 billion USD, while earnings per diluted share were at 0.28 USD, compared to 0.25 USD. EPA/ANDREW GOMBERT

BPI eyes replacement of 7M ATM cards by 2016

Apr 08, 2015 - 8:30 PM

The move is part of bank efforts to deter ATM fraud and is in compliance with a BSP directive for banks to shift to EMV ready cards

Eastern Europeans could be behind ATM fraud – BPI

Dec 03, 2014 - 8:53 PM

UPDATED The Bank of the Philippine Islands has information that the skimming activities are similar to what recently apprehended Bulgarians have employed

Lower ATM withdrawal limits to fight fraud?

Feb 26, 2014 - 4:50 PM

In 2013 the Bangko Sentral ng Pilipinas got 1 272 reports of ATM fraud from banks amounting to close to P220 million