As EMV heads to U.S., some predict skimming frenzy while the fraud lasts.
Lose a few million dollars on a wire transfer to Toledo, Ohio, and procedures are in place to get it back in may instances. But when that transfer is to Kiev, kiss the money goodbye.
The $41 million Kentucky Employees Credit Union in Frankfort, Ky., found out the hard way that ATMs continue to attract criminals. And thefts can go way beyond simple attachment of skimmers.
Don't look now, but criminals are moving beyond the ATM and unwary retailer when trying to steal your members' card numbers and raid their accounts.