It is too "premature" to christen 2012 as "the year of ATM skimming", as banks are reinforcing security by migrating to more secure, chip-based ATM cards as well as strengthening security processes ...

Credit: Canva Machines don’t swallow cards randomly. Repeatedly entering the wrong PIN is one of the most frequent causes. Other triggers include expired cards, damaged chips, or suspicious account ...

By the time it did, it was no longer his. Within six minutes, more than N255,000 vanished from his account through multiple ...

Banking has become more convenient with debit cards, ATMs, and digital services. While these facilities make financial transactions faster, they also increase the risk of fraud. One of the simplest ...

Credit cards and ATM cards are very similar in appearance since they are both plastic cards that can be used to make ...