• What You Should Know About ATM Skimming

    Apr 14, 2016
    You may have heard about a fast-growing electronic financial crime involving ATMs and point-of-sale terminals where credit and debit cards are used. Referred to as skimming, this scheme costs financial institutions and consumers anywhere from hundreds of millions of dollars to billions of dollars each year, according to varied estimates. For those of you who don’t yet know, here’s an overview of what skimming actually is—and red flags that can alert you to an incident.