ATM
BISP Blocks 229,157 Govt Employees, Recovers Rs712 Million
The Benazir Income Support Programme (BISP) has blocked 229,157 government employees or their spouses from receiving financial assistance after identifying them through audits, while recovering…
Bank ATM Set on Fire After Suspected Failed Robbery Attempt
Armed men set fire to an automated teller machine (ATM) of a private bank opposite the district courts on Tuesday night, destroying the machine, which…
Six Held in Punjab as FIA, NCCIA Uncover Alleged Fraud Networks
The National Cyber Crime Investigation Agency (NCCIA) and the Federal Investigation Agency (FIA) arrested six suspects on Friday in Lodhran, Faisalabad and Dera Ghazi Khan…
Lahore ATM Card Fraud: FIA Arrests 3 Over Rs15m Scam
The Federal Investigation Agency (FIA) has arrested a three-member gang accused of orchestrating a large-scale digital banking fraud in Lahore that compromised the data of…
Rs200 Billion a Year: Senate Panel Slams Bank SMS Fee Practices
Pakistani banks have been directed to immediately stop billing customers for text message alerts they never signed up for, following disclosures that the banking sector…
Credit Card ATM Transactions See a Sudden 44% Surge in Pakistan
Pakistan’s credit card ATM transactions just recorded the largest-ever quarterly increase. The number of circulating credit cards jumped by an astonishing 900,000 in merely three…
SBP Mandates 24/7 CCTV and Chip-Pin Cards
The State Bank of Pakistan (SBP) has directed all commercial banks to immediately upgrade their ATM security systems to prevent growing incidents of financial fraud.…
Court Fines Private Bank Over Faulty ATM and Customer Distress
A Consumer Protection Court has ruled against a private bank, ordering it to pay Rs15,000 to a citizen whose ATM card was wrongfully seized during…
Hackers Can Now Take Cash From ATMs Without Cards or PINs
Hackers can now force ATM machines in Pakistan to release cash without using bank cards or customer details, after a new type of malware began…
Karachi Police Crack Down on ATM-Hacking Gang
KARACHI: A well-organized group of IT experts involved in hacking Automated Teller Machines (ATMs) and stealing money from unsuspecting citizens has been apprehended in Karachi.…
Revoking LDI Licenses Could Impact ATM and Internet Access
The Chairman of the Pakistan Telecommunication Authority (PTA) informed the Senate Standing Committee on IT and Telecom about the unpaid debts incurred by Long-Distance International…
The World’s Highest ATM Is In Khunjerab Pass, Pakistan
The National Bank of Pakistan(NPB) has again made Pakistan proud by installing the world’s highest automated teller machine (ATM) at 16007 above sea level at…
NADRA Launches Digital Payment System to Replace ATM
NADRA (National Database and Registration Authority) just recently announced the arrival of its new e-payment system which is proclaimed as the final blow to ATM…
