NCR claims its Intelligent Fraud Detection platform detects fraudulent devices fitted on automated teller machines (ATMs) such as false fronts, cameras, card skimming and trapping devices over the card entry slot and devices that trap cash once it has been dispensed. Alerts are then sent to the financial institution which can shut down the ATM or alert law enforcement authorities.
In addition, the company is also offering a security consultancy service to educate financial institutions about new security threats and available technology.
ATMs already make use of sensor technology internally, but this is a radically different solution with expanded detection capabilities for external foreign objects, said Andrew Orent, vice president of NCR’s Financial Solutions Division, Americas region. It is one step in a holistic approach that ensures no one point in the cash management cycle is perceived as more vulnerable than any another point.
