On November 21st, NCR issued a security alert for a new form of Transaction Reversal Fraud (TRF) occurring in the UK, typically between 10 PM and midnight on any given day. Contrary to previously reported TRF attacks in which cash is pried from the dispenser after a payment reversal is initiated due to the jamming of the card reader, this new method does not require any interaction with the card reader or the use of modified cards.

To Woodforest National Bank, “relationship banking” is everything. As one of the strongest community banks in the USA, they are well known for their hundreds of retail branches located within prominent operators of big box retail and grocery stores. In addition to 700 branches in 17 different states, their electronic payments line of business includes a multi-vendor fleet of 850+ ATMs and payment card issuance platforms.