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2015 ISA ENTRY – ACG’s ECS 4-in-1 (ATM Anti-Skimming Device)

ECS® 4-in-1 is ACG’s most comprehensive skimming solution for ATMs with dip card readers. ATM card
skimming is high-tech bank robbery that accounts for 98% of all ATM card fraud. The U.S. Secret Service
estimates that domestic financial institutions lose $1 billion annually due to skimming attacks. ACG’s
ECS 4-in-1 device is poised to arm community banks against card fraud by offering multi-layered
skimming protection.

ECS 4-in-1 is truly a unique anti-skimming solution, as it offers a combination of detection and jamming
protection. It not only safeguards ATM users against skimming attacks through detection technology. It
also provides a shield of skimming protection by creating random, disturbing frequencies that scramble
skimmers (jamming). Therefore, ECS 4-in-1 can detect the physical installation of skimming devices
while simultaneously deactivating them. Additionally, the complete solution includes communication
and data logging functionalities. Therefore, ECS 4-in-1 is a fully integrated solution that provides
financial institutions with four tools to combat skimming: 1) detection; 2) jamming; 3) communication;
and 4) data logger.

The Innovative Solutions Awards champions products and services that aid community banks in the
areas of efficiency and customer service; ECS 4-in-1 is an original hardware solution that does just that.
The product’s detection and jamming functions protect not only banks, but also their customers against
skimming attacks—bolstering branch security and customer confidence. The communication and data
logger functions allow banks to closely monitor and track ATM card activity to quickly identify skimming
devices and protect customers from attacks. Moreover, ECS 4-in-1 will help community banks better
serve customers through:

  • Customization: Product parameters are highly customizable according to FI requirements to
    minimize false alarms.
  • Convenience: On average, it takes less than an hour to install ECS® in the field, and the ATM
    does not have to be taken out of service during installation.
  • Affordability: ECS 4-in-1 is the most affordable skimming solution on the market that features
    both detection and jamming technology.

ACG, Inc.
www.acgworld.com

ADT Launches Anti-Skimming Device to Detect, Deter ATM Fraud

March 13 – ADT Security Services has introduced a new advanced skimming detection device for financial institutions throughout North America. The ADT Anti-Skim™ ATM Security Solution helps prevent skimming attempts and detects skimming devices on all major ATM makes and models.

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Deputy Secretary Robert M. Kimmitt remarks on policy principles for sovereign wealth funds

Oct 13 – Thank you, Peter, for that warm introduction.  It is a pleasure to join you today to discuss the importance of keeping markets open for foreign investment, a particularly timely topic given the current uncertainty in global financial markets.  I would like to thank the U.S. Council for International Business for hosting this event and for its continuing interest in this important topic, and I also thank the co-sponsors and supporters of the event. 

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Deputy Secretary Kimmitt statement on IWG agreement on generally accepted principles for sovereign wealth funds

Oct 13 – Deputy Secretary of the Treasury Robert M. Kimmitt issued the following statement on the release of the International Working Group of Sovereign Wealth Funds’ Generally Accepted Principles and Practices for Sovereign Wealth Funds:

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Deputy Secretary Kimmitt to announce $3.9 billion in tax credits

Oct 2 – U.S. Treasury Deputy Secretary Robert M. Kimmitt and Treasury’s Community Development Financial Institutions Fund Director Kimberly A. Reed will travel to New Orleans, La., this week to award $3.9 billion in tax credits to organizations investing in rural and urban low-income communities across the United States.  The awards are being made under the 2007 round of the New Markets Tax Credit Program and will include $400 million allocated specifically for the redevelopment and reconstruction of the Hurricane Katrina Gulf Opportunity Zone.

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Wisconsin: ‘Skimmers’ milking cardholders

South Dakota names Kim Olson state economic development director

FIS and Payment Alliance International Bring Cardless Cash to Consumers at Retail Locations Nationwide

July 18 – FIS Cardless Cash®, a market-leading mobile solution that avoids using a plastic card at the ATM to withdraw funds, will expand across the United States thanks to a new partnership between FIS™ (NYSE:FIS), a global leader in financial services technology, and Payment Alliance International (PAI), the nation’s largest, privately-held provider of ATM processing and maintenance services, ATM equipment sales and support.

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Growing Number of Online Transactions Coupled with Increasing Security Threats to Propel the Global Two-Factor Biometrics Market Through 2020

June 16 – Technavio analysts forecast the global two-factor biometrics market is expected to grow at a CAGR of almost 23 percent during the forecast period, according to their latest report.

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MSP and MIB Renew Partnership

May 6 — MSP Consulting is pleased to announce it has renewed its partnership with Midwest Independent Bank , a bankers’ bank based in Jefferson City, Mo. MIB and MSP mutually agreed to extend their relationship given their strong track record working together to serve community banks.

Having managed $14 billion in credit card sales in 48 states throughout the United States, the partnership allows MSP to assist MIB in offering respondent banks in Missouri, Nebraska, Iowa and Illinois the ability to extend bottom line savings, customized payment solutions and best-in-class service to their banking customers.

Serving more than 500 financial institutions, MIB is a bankers’ bank, dedicated to providing community banks with lending and operations services to help them thrive amid the competition of larger institutions.

“MIB is a bankers’ bank dedicated to providing exceptional correspondent banking products, services and solutions for community banks. MSP Consulting’s offering fits well with our mission and they have demonstrated their ability to deliver results, improve services and their professional approach,” said Kim Morff, Vice President at MIB. “MSP and MIB share similar goals,” said Mike Higgins, partner at MSP Consulting. “Both are committed to providing services that benefit local businesses and economies. We look forward to continuing our relationship.”

About MSP Consulting

MSP Consulting is an experienced advisor specializing in high-performance merchant payment services. Our unique solution, MSP Advantage, has been proven to drive significantly better results than the traditional services being offered by other firms.

Kryptronic Internet Software Solutions