Keyword: atm

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  • Japan ATM scam using fraudulent cards nets $12.7m

    05/23/2016 5:43:12 PM PDT · by dynachrome · 5 replies
    BBC ^ | 5-23-16 | BBC
    Cash worth 1.4bn yen ($13m; Ł8.8m) has been taken from cash machines in Japan using credit cards created with data stolen from a South African bank. The money was withdrawn in less than three hours from 1,400 convenience store cash machines across Japan, the Kyodo news agency reports. The withdrawals targeted 7-Eleven cash machines, which unlike most in Japan accept foreign cards. South Africa's Standard Bank estimated its total losses at $19.25m.
  • Morgan Stanley's CEO just uttered the 3 words every employee dreads: Lower Cost Centers

    01/19/2016 1:36:44 PM PST · by SeekAndFind · 11 replies
    Business Insider ^ | 01/19/2016 | Portia Crowe and Matt Turner
    Morgan Stanley just announced fourth-quarter earnings, and it is providing detail to investors on a cost-saving plan called Project Streamline. During a conference call, CEO James Gorman uttered a sentence that will most likely make the bank's staff shudder. "Too many employees based in high-cost centers are doing work that can sensibly be done in LOWER-COST CENTERS," he said. "Now is the time to tackle head-on our infrastructure costs." The mention of "lower-cost centers" most likely means the bank is looking to shift jobs overseas or to low-cost locations in the US. His comments echo a line in his presentation,...
  • Bernie Sanders Says Something Unbelievably Stupid on Twitter, Instantly Gets Obliterated

    01/06/2016 10:27:19 AM PST · by Reddy · 72 replies
    Young Conservatives ^ | 1/5/15 | Michael Cantrell
    I’ve long had suspicions that Sen. Bernie Sanders is absolutely cuckoo for Cocoa Puffs, but his latest tweet pretty much put any doubts I may have had completely at rest. Sanders made a ridiculous statement about ATM withdrawal fees, and as you can probably guess, the responses were priceless. Oh, Bernie. Just what exactly are we going to do with you? Besides not elect you as president that is. Obviously, this man is 100 percent out of touch with reality. Bonkers. Loco. A few french fries short of a full Happy Meal. What does it say about the state of...
  • The Bernie Sanders pledge: $2 ATM fees

    01/06/2016 2:36:41 AM PST · by Libloather · 48 replies
    Las Vegas Now ^ | 1/05/16 | Heather Long
    **SNIP** Sanders has made Wall Street a top issue, and says bankers are "destroying the very fabric of our nation." It's helping him remain competitive in key states like Iowa and, especially New Hampshire. A decade ago, about half of America trusted banks. Now that trust has fallen to a historic low of just 20%, according to Gallup. "Greed, fraud, dishonesty and arrogance. These are some of the words that best describe the reality of Wall Street today," Sanders said. Bernie wants to break up the banks.
  • “Bone-Thin” Obama Appearance Renews Poor Health Rumors

    10/13/2015 7:31:18 AM PDT · by all the best · 119 replies
    DC Whispers ^ | October 10, 2015
    He continues to battle a nicotine addiction and has spent a small fortune keeping his records private – including his medical history. Though viewed as the picture of health in 2008, Barack Obama appeared more gaunt the following year and since then weight fluctuations became more numerous and more dramatic as a chameleon-like cycle of a man who shows up looking drastically different than he did just weeks prior. Rumors of heavy makeup for public appearances to mask “skin discoloration issues” have persisted for a number of years, as has the ongoing speculation of what was the true nature of...
  • ATM workers forget bag of cash, man drives off with $150K

    07/28/2015 8:30:10 AM PDT · by PROCON · 36 replies
    AP ^ | July 28, 2015
    MAHWAH, N.J. (AP) -- Police say a man drove off with a bag containing $150,000 in cash after two employees who were replenishing ATMs mistakenly left it on a lawn in northern New Jersey. Mahwah police say in a news release that the ATM employees had stopped at a business on Industrial Avenue when one of them placed the satchel on the front lawn as he moved items around in their vehicle.
  • Coakley is Wrong to Champion 'Chip and PIN' Fits-All-Solution

    05/26/2015 5:51:20 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | May 26, 2015 | Neil McCabe
    Martha Mary Coakley, recently hired at the liberal Boston law and lobbying firm Foley Hoag, has come out swinging for mandatory “Chip-and-PIN” systems for debit and credit cards. Although, she must be desperate for a win, it is hard for me to pity Coakley or agree with her. When I was a reporter in Somerville, Massachusetts, a small city bordering Boston, I knew of three instances, where she declined to pursue sexual assault charges against politically connected suspects, as the Middlesex County District Attorney. This was before she lost a Senate race to Republican Scott P. Brown in 2010 or...
  • Colorado welfare recipients withdraw money in Hawaii, St. Thomas, Vegas

    10/06/2014 7:56:10 AM PDT · by george76 · 52 replies
    Watchdog ^ | October 6, 2014 | Arthur Kane
    Taxpayers are apparently buying welfare recipients booze and cigarettes for the road — at times a very exotic road. A Watchdog.org analysis of a Colorado Department of Human Services welfare ATM withdrawals database shows that $3.8 million was withdrawn by Colorado welfare recipients outside the state in the past two years. There were withdrawals at out-of-state liquor stores and tobacco outlets, as well as vacation destinations like Hawaii, Las Vegas and even the Virgin Islands. ... Colorado welfare withdrawals at liquor stores and casinos despite federal and state law banning such actions and welfare recipients taking out money at the...
  • Sweden's ATMs All Out of Service - Again

    06/14/2014 12:31:38 PM PDT · by nickcarraway · 7 replies
    The Local ^ | 12 Jun 2014
    For the second time in as many weeks, Sweden's entire fleet of automatic cash machines broke down on Thursday. The country's ATMs stopped working in the early afternoon and were down for an hour. "It's a central fault," Johan Nilsson, spokesperson at Bankomat AB, told the TT news agency. "It's deeply regrettable... we were only out of action for an hour or so but our goal, of course, it to always have cash available for our customers." When the same thing happened late last month, Nilsson dismissed any notion of a hacker attack being behind the system's failure. Thursday's incident...
  • ATM glitch gives homeless man $37,000

    04/04/2014 4:42:14 PM PDT · by perfect stranger · 23 replies
    WGME ^ | April 3 2014
    SOUTH PORTLAND (WGME) -- It's something we've all imagined at one time or another, going to an ATM and having the machine mistakenly spit out thousands of dollars. Never happens, right? Guess what? It did happen at a bank ATM in South Portland early Thursday morning. This all started at one in the morning, when officers were called to a TD Bank branch on Maine Mall road. A transient was inside the bank sleeping beside the ATM. Officers went inside and moved him along. But, he came back.
  • Australian Manufacturer Debuts First Cashless Bitcoin ATM

    03/24/2014 8:13:52 AM PDT · by Errant · 13 replies
    Coin Desk ^ | 24 March 2014 | Jon Southurst
    An Australian company says it has produced one of bitcoin’s holy grails: a cashless ATM that allows users to buy bitcoins using a credit card, and sell bitcoins via a direct deposit to their bank account. The first fully functional Diamond Circle ATM arrived from its manufacturer in Brisbane this week. Unlike competing ATMs and vending machines that rely on QR codes and cash, Diamond Circle’s solution is based on near-field communication (NFC) technology with paper receipt backups. This unique approach is the brainchild of CEO Stephen Rowlison, a seasoned FinTech (financial technology) entrepreneur with 30 years of IT experience...
  • Texas A&M study names Obama 5th best American President

    03/21/2014 9:14:56 PM PDT · by grandpa jones · 52 replies
    facebook ^ | 3/21/14 | unknown
    In a recently completed study from Texas A&M University, President Barack Obama has been rated as the 5th best in history. “After only 5 years in office, Americans have rated President Obama the 5th best in history.”Here are the Results: 1) Reagan and Lincoln tied for first 2) Seventeen presidents tied for second 3)Twenty-three other presidents tied for third 4) Jimmy Carty came in 4th 5) Obama was fifth Heh. gig'em!
  • Welfare cash pulled from ATMs inside Colorado pot shops

    02/21/2014 8:27:01 PM PST · by 2ndDivisionVet · 46 replies
    KDVR-TV ^ | February 20, 2014 | Chris Halsne and Chris Koeberl
    (VIDEO-AT-LINK)DENVER — Colorado welfare recipients are using ATMs located inside marijuana retail shops to withdraw cash. The money was given to them by taxpayers to help their families survive, but an exclusive Fox31 Denver investigation found some cash benefits most likely going toward marijuana purchases. FOX31 Denver asked the Colorado Department of Human Services for its “Quest card” database of Electronic Benefits Transfer (EBT) cash transactions for the month of January, 2014. That is the first month in which Colorado marijuana dispensaries were regulated and open for recreational sales. The FOX31 Denver investigative team matched the addresses of EBT cash...
  • Bitcoin ATM Gets Surprise Launch in Biggest Boston Train Station

    02/20/2014 1:11:28 PM PST · by TsonicTsunami08 · 2 replies
    CoinDesk ^ | February 19, 2014 | Pete Rizzo
    Though they missed becoming the first operational bitcoin ATM in the US by less than 24 hours, the entrepreneurs behind Liberty Teller caused quite a stir when they revealed that they would boot up their new Lamassu machine in Boston’s busy South Station on 19th February.
  • Drug dealers didn't kill Philip Seymour Hoffman -- Hoffman did

    02/06/2014 5:33:55 PM PST · by grundle · 49 replies
    Fox News ^ | February 6, 2014 | Dr. Keith Ablow
    New York Police officers arrested four men Tuesday night on suspicion of having a connection to drugs. Police acted after receiving a tip that the four had sold heroin to actor Philip Seymour Hoffman, who was found dead from an overdose of the drug on February 2. Drug dealers are far from my favorite people, and the arrests are welcome, but no drug dealer killed Philip Hoffman. Only one person is, ultimately, responsible for his death: Philip Seymour Hoffman, himself. Mr. Hoffman was the one who procured the drug, injected the drug and kept injecting the drug. Mr. Hoffman was...
  • Bitcoin ATM Installations Surge in Canada

    01/19/2014 8:53:50 AM PST · by TsonicTsunami08 · 6 replies
    CoinDesk ^ | January 19, 2014 | Joon Ian Wong
    Three cities in Canada are set to have bitcoin ATMs installed in the coming weeks, making the country the top ATM location in the world. New ATMs will be installed in the Canadian capital city Ottawa as well as Montreal and financial hub Toronto. The ATM operators are announcing their plans to install machines across the country even as Canada’s central bank issued a statement yesterday declaring bitcoin is not recognised as legal tender there.
  • World’s ATMs still running Windows XP—and wildly out of date

    01/17/2014 9:43:17 PM PST · by Olog-hai · 84 replies
    Fox News ^ | January 17, 2014
    Nearly all of the ATMs in the world are running the Windows XP operating system, introduced by Microsoft 13 years ago—and incredibly out of date, as any tech enthusiast will tell you. On April 8, Microsoft will officially end the tech support for the aging OS, which was replaced by Windows Vista in 2007, Windows 7 in 2009, Windows 8 in 2012 and Windows 8.1 in 2013. […] If an ATM isn’t upgraded, it will continue to function, experts said. Withdrawals, deposits, and other transactions will work as they did before. But the machines will be more vulnerable to cyber...
  • First bitcoin ATM to debut in NYC

    01/12/2014 7:20:10 AM PST · by TsonicTsunami08 · 28 replies
    New York Post ^ | January 12, 2014 | 5:50am | Joseph Gallivan
    Bitcoin ATMs are coming to the city. Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines. The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
  • This is a special ATM for people who wont comply with Obamacare's individual mandate

    01/02/2014 9:32:28 AM PST · by The Looking Spoon · 10 replies
    The Looking Spoon ^ | 1-2-14 | The Looking Spoon
    If you like your PIN you can keep your PIN...and so will he...
  • Hands Off: Will the Feds Keep You From Your Money in Another Crisis?

    12/01/2013 7:34:16 AM PST · by Kaslin · 86 replies
    Townhall.com ^ | December 1, 2013 | Austin Hill
    Are U.S. federal government policy makers planning for an economic meltdown? Fiscal and financial news isn’t a particularly sexy topic for broad audiences, even under normal circumstances. And over the Thanksgiving national holiday weekend, about the only news people care to consume are football scores. But as we enjoyed turkey dinners, shopping, and hopefully some quality time with friends and family – and even in the recent days leading up to the holiday weekend – some major policy ideas and changes have emerged that could keep you away from your personal finances in the face of another meltdown. Americans...
  • Heisman Watch: Tracking the Candidates

    11/08/2013 3:58:40 PM PST · by re_nortex · 12 replies
    ESPN ^ | November 8, 2013, 8:40 AM ET | Staff
    Sporting a brace on his left knee, Mariota turned in his worst performance of the season in Oregon's loss to Stanford, its first of the year. He finished with negative rushing yards for the first time this season and could not get the Ducks on the scoreboard until the fourth quarter, when he threw two touchdowns. The comeback effort fell short after Oregon could not recover a second onside kick.
  • Bills keep welfare recipients from certain ATMs (Michigan)

    10/22/2013 5:21:29 PM PDT · by Libloather · 9 replies
    My Fox Detroit ^ | 10/22/13
  • Texas A&M raises $740 million

    09/19/2013 5:53:51 PM PDT · by re_nortex · 39 replies
    ESPN ^ | September 18, 2013, 4:19 PM ET | Sam Khan Jr.
    COLLEGE STATION, Texas -- Texas A&M's move to the Southeastern Conference was something school president R. Bowen Loftin called a "100-year decision" when it occurred. Turns out it was one of several factors that helped contribute to hundreds of millions in increased donations for the school. The university raised more than $740 million in donations in the past fiscal year, the school announced on Tuesday. The total, documented between Sept. 1, 2012, and Aug. 31, 2013, is a school record and more than $300 million better than any previous 12-month period in the school's history. Scott Halleran/Getty ImagesTexas A&M has...
  • In Hours, Thieves Took $45 Million in A.T.M. Scheme

    05/10/2013 4:27:55 PM PDT · by dennisw · 17 replies
    nytimes ^ | May 9, 2013 | By MARC SANTORA
    It was a brazen bank heist, but a 21st-century version in which the criminals never wore ski masks, threatened a teller or set foot in a vault. In two precision operations that involved people in more than two dozen countries acting in close coordination and with surgical precision, thieves stole $45 million from thousands of A.T.M.'s in a matter of hours. In New York City alone, the thieves responsible for A.T.M. withdrawals struck 2,904 machines over 10 hours starting on Feb. 19, withdrawing $2.4 million. The operation included sophisticated computer experts operating in the shadowy world of Internet hacking, manipulating...
  • Feds in NYC: Hackers stole $45M in ATM card breach

    05/10/2013 3:33:57 AM PDT · by SkyPilot · 12 replies
    AP ^ | 10 May 13 | COLLEEN LONG
    A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S. card technology may be partly to blame. Seven people are under arrest in the U.S. in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic swipe cards carrying information from Middle Eastern banks. The fraudsters moved with astounding speed to loot financial institutions around the world, working in cells including one in...
  • This Is Probably What The ATM Outside The DNC's Office Looks Like...

    03/26/2013 5:06:48 PM PDT · by The Looking Spoon · 4 replies
    The Looking Spoon ^ | 3-26-13 | The Looking Spoon
    Coming soon to a bank near you...
  • Cyprus told: take bank levy or leave euro

    03/24/2013 5:15:07 PM PDT · by Beave Meister · 34 replies
    The Guardian ^ | 3/24/2013 | Ian Traynor
    Wealthy Russians stand to lose billions of euros in Cypriot banks under draconian terms being hammered out on Sunday night in Brussels to prevent the Mediterranean tax haven becoming the first country forced out of the single currency. Negotiations got underway amid a hardening of the stance held by the International Monetary Fund and Germany, who insisted that depositors must take the hit for bailing out the eurozone's latest crisis economy. There were signs of panic in Cyprus as a €100 (Ł85) limit was imposed on ATM withdrawals, with more stringent capital controls to follow if a deal is reached....
  • More Bad News For CU Robbers In The Wolverine State(MI)

    12/05/2012 11:25:18 AM PST · by marktwain · 8 replies
    banklawyersblog.com ^ | 4 December, 2012 | NA
    Last week's post on the pistol-packing ways of some credit union members, and their bad attitude toward robbers, led some credit union officials and attorneys to keep an eye out for similar incidents. In what cannot be a mere coincidence, a well-known credit union attorney put me on to another take-down, this one in Michigan. Would-be robbers picked the wrong person in Redford Saturday Night. Redford police say a 31-year-old Redford resident had just withdrawn money from an ATM at Community Choice Credit Union, 25447 Five Mile, when he was approached by two people who demanded he hand over his...
  • House GOP Budget to Target Tax Rates [two individual brackets of 10% and 25%.........]

    03/19/2012 4:36:10 PM PDT · by Sub-Driver · 19 replies
    House GOP Budget to Target Tax Rates By NAFTALI BENDAVID House Republicans, seizing on what they hope is a potent campaign issue in the midst of a muddled political and economic landscape, will introduce a 2013 budget Tuesday that cuts tax rates and provides for two individual brackets of 10% and 25%. The budget would end the Alternative Minimum Tax, which was originally aimed at the wealthy but which ensnares a growing number of middle-class taxpayers each year. The plan would nearly eliminate U.S. taxes on American corporations' earnings from overseas operations. The proposal, to be offered by Rep. Paul...
  • SPD releases surveillance images of firebomb suspect (Seattle ATM)

    01/08/2012 5:46:43 PM PST · by Libloather · 11 replies
    Kirotv ^ | 1/07/12
    SPD releases surveillance images of firebomb suspectPosted: 1:42 p.m. Saturday, Jan. 7, 2012 **SNIP** The face of the suspect cannot be seen but police are hoping someone will recognize the suspect from what the person is wearing. Police described the suspect wearing a blue-hooded jacket with a grey-hooded sweatshirt, a baseball cap, a black mask covering the face below the eyes, blue jeans, dark shoes and black gloves. A white logo was on the black bag the suspect was carrying.
  • Bank of America to charge $5 debit card fee

    09/29/2011 11:19:56 AM PDT · by monkeyshine · 56 replies
    AP ^ | September 29, 2011 | Candice Choi, AP Personal Finance Writer
    Bank of America plans to start charging customers a $5 monthly fee for using their debit card for purchases. The fee will be rolled out starting early next year. [snip]...Anne Pace, a Bank of America Corp. spokeswoman, said Thursday that customers will only be charged the fee if they use their debit cards for purchases in any given month. Customers won't be charged if they only use their cards at an ATM. The fee will apply to basic accounts and will be in addition to any monthly fees customers are already being charged. For example, one of the bank's basic...
  • Obama Blames ATMs, Internet for High Unemployment

    08/17/2011 4:10:32 PM PDT · by magellan · 45 replies
    Fox News via Breitbart TV ^ | 17 August 2011 | None
    "One of the challenges in terms of rebuilding our economy is – businesses have gotten so efficient, that, uh, when was the last time somebody went to a bank teller? Instead of using an ATM. Or, used a travel agent instead of going online. A lot of jobs out that that used to require people now have become automated."
  • Governor Brown Signs Legislation - SB 48 - homosexual-bisexual-transsexual "role models"

    07/14/2011 12:17:37 PM PDT · by CounterCounterCulture · 103 replies · 1+ views
    Perverts ^ | 14 July 2011 | Governor Jerry Brown; Senator Mark Leno
    7-14-2011 SACRAMENTO – Governor Edmund G. Brown, Jr. announced today that he has signed the following bill: • SB 48 by Senator Mark Leno (D-San Francisco) – Pupil instruction: prohibition of discriminatory content.
  • Obama: Advanced manufacturing can boost jobs (Obama wants more "Lawn Mowing" Robots)

    06/25/2011 5:37:07 AM PDT · by tobyhill · 74 replies
    yahoo ^ | 6/25/2011 | JIM KUHNHNEN
    President Barack Obama says technological innovations such as robots can help pump jobs into the economy and spur growth in clean energy and advanced manufacturing. In his radio and Internet address Saturday, the president echoed a plan he unveiled Friday in Pittsburgh to join the federal government, universities and corporations and re-ignite American manufacturing with an emphasis on cutting-edge research and new technologies. "Their mission is to come up with a way to get ideas from the drawing board to the manufacturing floor to the marketplace as swiftly as possible, which will help create quality jobs, and make our businesses...
  • Obama Expands His (ATM) Job Initiatives Program

    06/19/2011 9:11:57 PM PDT · by cruise_missile · 15 replies
    Luddite Post | 6/18/2011 | Billy Ayers Luddite
    Speaking at the Saul Alinsky & Luddite Alliance Institute in Sant Cruz, California yesterday. President Obama expanded his popular ATM initiative. The initiative to rid the country of job-killing ATM's and replace them with people. The President explained that the first ATM was introduced December 1972 at Lloyds Bank by IBM in the UK and that is when high tech started killing jobs. Then he said, "Why not other inventions since 1972? Why should they get a pass? If we can change the borders of Israel to 1967, why not the borders of job-killing technology?" Obama said with his preacher...
  • Video: Sign the petition to ban job-killing ATM machines (Inspired by Obama's remark)

    06/19/2011 7:23:08 AM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 06/18/2011 | Allahpundit
    Three minutes of silly fun from MRC TV saluting The One’s goofiest soundbite of the week. Turns out goofiness plays pretty well politically these days: We had a lot of people who thought it made sense to get rid of cash machines and for a variety of reasons.Some didn’t like the usage fees and concluded that the best way to get rid of the hassle was to get rid of ATM’s altogether.Other’s wanted to see America return to a simpler time when we all got our money from our friendly neighborhood banker who knew your name, smiled at you and...
  • VIDEO: Petition to Ban Job Killing ATM Machines

    06/17/2011 1:43:58 PM PDT · by blog.Eyeblast.tv · 31 replies
    MRC TV (Media Research Center TV) ^ | 6/17/2011 | Dan Joseph
    When we went out on the street and started asking people to sign a petition to ban ATM machines, we expected most of them to call us crazy or to simply ignore us. But in Barack Obama's America, banning cash machines as economic stimulus actually seems like a fairly reasonable idea to many folks. When we went out on the street and started asking people to sign a petition to ban ATM machines, we expected most of them to call us crazy or to simply ignore us. But in Barack Obama's America, banning cash machines as economic stimulus actually seems...
  • ATM industry not happy about Obama comments

    06/16/2011 8:50:06 AM PDT · by Qbert · 28 replies
    Washington Examiner ^ | 06/15/11 | Philip Klein
    The Automated Teller Machine industry is not happy about President Obama's comments that the development of ATMs has cost jobs. Here's a sampling of some of the feedback I've been getting. Mike Lee, CEO of the ATM Industry Association, emailed me the following response: ‘President Obama should never use ATMs as an example of how technology replaces human labor because ATMs today play a critical role in providing extensive employment in the ATM and cash-in-transit industries. In addition, ATMs provide an indispensible range of services to customers, including all-hours access to their own banked cash. With over 400,000 in America alone, ATMs have become the...
  • Boehner Mocks Obama for Pinning Unemployment on ATMs

    06/15/2011 1:10:24 PM PDT · by Sub-Driver · 60 replies
    Boehner Mocks Obama for Pinning Unemployment on ATMs Wednesday, June 15, 2011 By Matt Cover (CNSNews.com) – House Speaker John Boehner (R-Ohio) issued a mocking press release Wednesday chastising the president over remarks Obama made claiming that ATMs and airport ticket kiosks were partly to blame for persistently high unemployment. The release, cheekily written from the point of view of an everyday ATM, poked fun at Obama for claiming that greater efficiency from automated machines like ATMs was to blame for high unemployment. “This is a guest blog post from the Automated Teller Machine (ATM) in your favorite convenience store...
  • Obama vs. the Economy-killing Machines!

    06/15/2011 7:29:07 PM PDT · by HMS Surprise · 16 replies
    tea party tribune Blog ^ | 6/15/11 | jim funkhouser
    Obama better pray that one of his devoted fans doesn’t shoot up an ATM tomorrow… But I digress. Let’s go straight to the horse’s mouth, shall we? Obama, yesterday: “A lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don’t go to a bank teller or you go to the airport and you’re using a kiosk instead of checking in at the gate.” Is the President of the United States trying to jump-start the buggy whip manufacturers? Wait a...
  • Obama Blames ATMs for High Unemployment

    06/14/2011 8:23:38 AM PDT · by Sub-Driver · 181 replies
    <p>President Obama explained to NBC News that the reason companies aren't hiring are not because of his policies, it's because the economy is so automated.</p>
  • Russia's Sberbank plans ATM with built in lie-detector - NY Times

    06/09/2011 11:55:49 PM PDT · by TigerLikesRooster · 3 replies
    Finextra ^ | 06/09/11
    09 June, 2011 - 11:03 Russia's Sberbank plans ATM with built in lie-detector - NY Times Russia's Sberbank is planning to roll out ATMs that use voice analysis software to tell whether customers are lying when they apply for credit cards, according to the New York Times The bank wants to introduce machines that let Russians apply for cards without having to talk to staff. To enable this, the ATMs will use a raft of high-tech systems - including passport scans, fingerprint recording and three-dimensional scans for facial recognition - to verify people. However, the most controversial feature is voice...
  • Novelty-seekers and investors can swipe credit card for gold at ATM in swanky Florida mall

    12/18/2010 2:17:54 PM PST · by Tolerance Sucks Rocks · 13 replies · 1+ views
    The Chicago Tribune ^ | December 17, 2010 | Kelli Kennedy (Associated Press)
    BOCA RATON, Fla. (AP) — Shoppers who are looking for something sparkly to put under the Christmas tree can skip the jewelry and go straight to the source: an ATM that dispenses shiny 24-carat gold bars and coins. A German company installed the machine Friday at an upscale mall in Boca Raton, a South Florida paradise of palm trees, pink buildings and wealthy retirees. Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, says the majority of buyers will be walk-ups enamored by the novelty. But he says they're also convenient for more serious...
  • Cash falls from man's posterior during strip search

    08/23/2010 10:33:02 AM PDT · by a fool in paradise · 48 replies
    Panama City News Herald ^ | August 18, 2010 | FELICIA KITZMILLER
    BAY COUNTY - A man being booked into jail gained another charge when detention officers found dollar bills falling out of his posterior. Nicholas Ryan Harris, 19, of 503 Wood Trail, was undergoing a strip search after being booked into Bay County Jail on charges of driving under the influence, possession of marijuana and possession of paraphernalia when “several dollar bills … fell from Nicholas’ buttocks area,” according to an incident report. There were $45 total recovered. According to the report, Harris had been asked prior to the search if there was anything hidden on his body and he said...
  • INTERNATIONAL HACKER ARRAIGNED AFTER EXTRADITION Elaborate Scheme Stole over $9.4 Million...

    08/07/2010 4:01:49 PM PDT · by Cindy · 4 replies
    NOTE The following text SNIPPET is a quote: International Hacker Arraigned After Extradition Elaborate Scheme Stole over $9.4 Million from Credit Card Processor ATLANTA, GA—SERGEI TŠURIKOV, 26, of Tallinn, Estonia, has been extradited to the United States. TŠURIKOV appeared today and was arraigned before United States Magistrate Judge E. Clayton Scofield III, on federal charges of conspiracy to commit wire fraud, wire fraud, conspiracy to commit computer fraud, computer fraud, and aggravated identity theft. TŠURIKOV was indicted by a federal grand jury on these charges on November 10, 2010, along with VIKTOR PLESHCHUK, 29, of St. Petersburg, Russia; OLEG COVELIN,...
  • Serbian National Arrested in Fraud Plot

    06/17/2010 5:52:47 PM PDT · by Cindy · 3 replies · 289+ views
    Chicago.FBI.gov - Press Release ^ | June 17, 2010 | n/a
    NOTE The following text SNIPPET is a quote: Serbian National Arrested in Fraud Plot A Serbian national living in Chicago’s north suburbs was arrested yesterday on charges he attempted to purchase a device commonly used for ATM skimming, announced Robert D. Grant, Special Agent-in-Charge of the Chicago office of the Federal Bureau of Investigation (FBI). LOUIS SOKOLOVIC, also known as Ljubisa Sokolovic, age 59, whose last known address was 8047 West Foster Lane in Niles, Illinois, was arrested yesterday morning, without incident, by FBI Special Agents at his residence. Special Agents from the Department of Homeland Security’s Immigration and Customs...
  • John Shepherd-Barron, 84; devised ancestor of modern ATM

    05/22/2010 10:39:48 PM PDT · by ConservativeStatement · 2 replies · 279+ views
    John Shepherd-Barron, 84, the Scotsman often credited with devising an ancestor of the modern automated teller machine, died May 15 at a hospital in Inverness, Scotland. No cause of death was reported. ATMs had been attempted for decades before Mr. Shepherd-Barron, then an employee of a company that specialized in printing technology, came up with his idea for a workable machine while taking a bath.
  • Inventor of cash machine dies at 84 in Scotland ('Father of the ATM')

    05/19/2010 2:35:11 PM PDT · by NormsRevenge · 11 replies · 345+ views
    AP on Yahoo ^ | 5/19/10 | Sylvia Hui - ap
    LONDON – John Shepherd-Barron, the Scotsman credited with inventing the world's first automatic cash machine, has died after a short illness. He was 84. Shepherd-Barron died peacefully in northern Scotland's Raigmore Hospital on Saturday, .. Shepherd-Barron once said that he came up with the idea of the cash dispensers after being locked out of his bank. He also said that his invention was inspired by chocolate vending machines.
  • Scottish inventor of the ATM machine dies aged 84

    05/19/2010 12:33:23 PM PDT · by the scotsman · 43 replies · 695+ views
    BBC News ^ | 19th May 2010 | BBC News
    'The man credited with being the inventor of the world's first hole-in-the-wall cash dispenser has died in hospital following a short illness. John Shepherd-Barron, who was born in India, to Scottish parents, had been living in Portmahomack in Ross-shire. He died at Inverness's Raigmore Hospital on Saturday, at the age of 84. Mr Shepherd-Barron came up with the idea for a cash machine while in the bath. The first ATM machine was installed at a bank in London in 1967.'
  • Go for the gold from new ATM machine at Abu Dhabi hotel

    05/14/2010 6:36:49 PM PDT · by throwback · 7 replies · 418+ views
    This week the plush Emirates Palace Hotel in Abu Dhabi in the United Arab Emirates rolled out the ultimate ATM machine in its lobby: It dispenses gold instead of cash. Guests can now get booty that comes in the form of 1-, 5- and 10-gram bars, as well as gold coins, at a price that the machine updates regularly, according to the website for Gold to Go.