ATM skimming - updates

Rappler's latest stories on ATM skimming

ARTICLE FINDER

BDO makes EMV card shift, to disable old magnetic stripe cards by Feb 1

Jan 25, 2018 - 3:10 PM

The bank encourages customers who still have the magnetic stripe card to have it replaced at BDO branches on or before January 31

MORE SECURE. EMV cards have an embedded chip in them which helps protect against fraud better compared to cards that use the magnetic strip

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

3 foreigners arrested for ATM skimming in Pampanga

Jul 25, 2017 - 3:00 PM

The suspects – identified as a Nicaraguan Italian and Romanian – allegedly stole P339 300 from various ATMs in the province

The 3 foreigners suspected to be conducting ATM skimming activities cover their faces with their shirts as they were escorted to the conference room in Camp Olivas. (Photo by Jun A. Malig)

Banking sector backs Metrobank to pull through P900 M fraud case

Jul 21, 2017 - 8:11 PM

The Bangko Sentral ng Pilipinas says Metrobank is well capitalized enough to deal with the situation although it will conduct an investigation into the bank’s internal controls

House bill wants ATM skimmers jailed for life, fined up to P5 million

Jul 04, 2017 - 8:15 PM

The bill seeks to declare ATM skimming as a crime of economic sabotage

PENALIZING BANK FRAUD. One of the latest devices ATM skimmers are using to retrieve information from bank users. File photo by Rappler

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

ATM skimming device found in BPI Tuguegarao City

Dec 08, 2015 - 4:08 PM

Foreigners were caught on CCTV installing the device police say

ENSURE SAFETY. As more users complain about "unauthorized withdrawals" of cash from their ATM cards, authorities advise banks to take steps on how to stop the scam and to ensure safety of the clients' accounts.