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ATM

Japan's 1st AI-powered ATM developed to combat money transfer fraud
Science & Tech 7 years ago

Japan's 1st AI-powered ATM developed to combat money transfer fraud

A Japanese company has developed an artificial intelligence-powered automated teller machine to prevent fraudulent money transfers, the first of its kind in the country.
Alleged ATM robbery plotter shot dead
City 7 years ago

Alleged ATM robbery plotter shot dead

The alleged mastermind behind a series of ATM robberies at convenience stores in Jakarta, identified only as JA, was shot dead by the police in the early hours of Monday, after he reportedly resisted arrest.
Why we are losing the war against payment card fraud
Opinion 7 years ago

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Why we are losing the war against payment card fraud

World Economic Forum’s 2018 Global Risks Report also named cyber attacks and data breaches as two of the biggest risks currently faced by organizations. 
Valuable lessons from ATM skimming case
Opinion 7 years ago

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Valuable lessons from ATM skimming case

ATM-related crime is common in Indonesia and has caused losses of hundreds of billions of rupiah to bank customers. Banking crime is an operational risk.
BRI deactivates debit cards prone to skimming
Business 7 years ago

BRI deactivates debit cards prone to skimming

Customers of state-owned lender Bank Rakyat Indonesia (BRI) are receiving notifications from the bank over their debit cards having been deactivated to prevent them from falling victim to ATM skimmers.
Not thieves, but wife, cleared funds out of customer account, says BRI
Business 7 years ago

Not thieves, but wife, cleared funds out of customer account, says BRI

In response to news about funds being stolen from a customer’s account, Bank Rakyat Indonesia (BRI) said its investigation had shown that not thieves, but his own wife, had stolen money from Lukas. Miscommunication had led him to believe he was a victim of skimming.
Three men arrested for allegedly stealing money from man using ATM
City 8 years ago

Three men arrested for allegedly stealing money from man using ATM

The Tanjung Priok Port Police arrested three men over the weekend for allegedly stealing money from a man who was withdrawing cash from an ATM inside a convenience store. 
Central bank cuts merchant discount rates for debit card transactions
Business 8 years ago

Central bank cuts merchant discount rates for debit card transactions

Bank Indonesia reduced Tuesday merchant discount rates (MDR) to 1 percent from between 2 and 3 percent for debit card transactions made using ATMs and electronic data capture (EDC) machines.
Telkom restores 66 percent of ATM services
Business 8 years ago

Telkom restores 66 percent of ATM services

State-owned telecommunications company PT Telekomunikasi Indonesia (Telkom) has already restored services for 66 percent of the ATMs managed by Bank Mandiri, Bank Rakyat Indonesia (BRI) and Bank Central Asia (BCA) that were affected by the Telkom 1 satellite network disruption on Aug. 25.
Worn-out satellite, zero backup hit banks
Business 8 years ago

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Worn-out satellite, zero backup hit banks

Despite Indonesia’s banking sector scoring the highest for profitability in Southeast Asia, building a back-up system for the ATM network was apparently too costly for bankers to implement.
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