Version: 2008

Comments on: Phishers cash in on ATM cards

Online scams lead to an estimated $2.75 billion in losses related to ATM and debit cards over the past 12 months, Gartner says.

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You think the ATM's are bad?
by OneWithTech August 2, 2005 3:28 PM PDT
Check out the process by which your checks are being abused using an Automated Clearing House or the common ACH in your checking account.

The ACH or Automated Clearing House handles the check transaction from the time you buy gas at Holiday and then they run your check through the machine.

The machine tells the processing company that your checking account seems valid, but in the case where my brother was using 7 year old account numbers at Rainbow Foods in Chaska MN, as well as the Subway's in Waconia, and Hutchinson.

These checks were allowed to go through the ACH process unscathed as bad account numbers. Yet these companies authorized the checks (4 in one day at Rainbow Foods) and allowed my brother to commit identity theft as well as check fraud.

Due to lack of policy control through Rainbow Foods Corporation and Subway Corporation, these companies are contributing to identity theft and the overall decline of our economics.

There is a serious need for stringent guidelines and regulation on all companies that deal with monies or monies transactions. Until that happens, the banks and companies like Rainbow and Subway will only care about the money that is being put in their pockets and not the consumer!

You can read more about this story at:

Techviewstoday.tech01.net

Stronger Regulation by the FED's is the only way people will listen!

-Justin
Reply to this comment
Identity Theft
by rainbow_6 October 28, 2005 3:18 AM PDT
Dear Justin:
I may be able to assist you resolving your case at Subway and Rainbow. I am aware of certain things that these companies are doing to stop Identity Theft. If you are interested in my assistance, please provide me with the exact time/date of the transactions and I will have my friends at these companies take a look, so you can get the matter resolved. Also, did you file a police report? This ussually helps, if you did, please send a case number. Thanks...
You think the ATM's are bad?
by OneWithTech August 2, 2005 3:28 PM PDT
Check out the process by which your checks are being abused using an Automated Clearing House or the common ACH in your checking account.

The ACH or Automated Clearing House handles the check transaction from the time you buy gas at Holiday and then they run your check through the machine.

The machine tells the processing company that your checking account seems valid, but in the case where my brother was using 7 year old account numbers at Rainbow Foods in Chaska MN, as well as the Subway's in Waconia, and Hutchinson.

These checks were allowed to go through the ACH process unscathed as bad account numbers. Yet these companies authorized the checks (4 in one day at Rainbow Foods) and allowed my brother to commit identity theft as well as check fraud.

Due to lack of policy control through Rainbow Foods Corporation and Subway Corporation, these companies are contributing to identity theft and the overall decline of our economics.

There is a serious need for stringent guidelines and regulation on all companies that deal with monies or monies transactions. Until that happens, the banks and companies like Rainbow and Subway will only care about the money that is being put in their pockets and not the consumer!

You can read more about this story at:

Techviewstoday.tech01.net

Stronger Regulation by the FED's is the only way people will listen!

-Justin
Reply to this comment
Identity Theft
by rainbow_6 October 28, 2005 3:18 AM PDT
Dear Justin:
I may be able to assist you resolving your case at Subway and Rainbow. I am aware of certain things that these companies are doing to stop Identity Theft. If you are interested in my assistance, please provide me with the exact time/date of the transactions and I will have my friends at these companies take a look, so you can get the matter resolved. Also, did you file a police report? This ussually helps, if you did, please send a case number. Thanks...
Phishers cash in on ATM cards
by August 3, 2005 7:30 AM PDT
Phishers cash in on ATM cards

Mr. AT Alishtari, POA and Founder EDI Secure LLLP, says the lack of two factor authentication with offline devices for ATM machines allows ID fraud. Included in our IP is a patent pending for ATM machines that fits new US Commerce Dept National Institute of Standards and Technology, NIST, level 4 two factor authentication with an offline device.

The United States Patent Trademark Office was going to grant it last year but it sited previous art, our first patent for Nist Level 4 authentication for single use credit card number ID granted July 22, 2003, as a block. We sent it back to the USPTO is recertify it to see if we are not in objection to our own prior art. Go figure tax dollars at work.
Reply to this comment
I agree with and add to the statement the below due to EDI Secure LLLP sale
by Abdul Tawala Ibn Ali Ali January 17, 2007 6:20 AM PST
I agree with and add to the statement the below due to EDI Secure LLLP sale


A year ago, January 2006, EDI Secure LLLP was purchased by IDPixie LLC which owns the patent US 6,598,031 B1 granted on July 22, 2003 for APPARATUS AND METHOD FOR ROUTING ENCRYPTED TRANSACTION CARD IDENTIFYING DATA THROUGH A PUBLIC TELEPHONE NETWORK from inventor Jeffrey Ice. So to update EDI Secure LLLP's place in the marketplace, I add the above and below data.

My Pledge

I, Mr. Abdul Tawala Ibn Ali Alishtari, pledge my Foundation to halt child slavery activities including his Global Peace Film Festival, Inc., at www.peacefilmfest.org. I pledge moral support of legal, peaceful activities and my non-profit gifts offshore, onshore and globally, primarily with philantrophy from my personal investment to help halt all fraud, violence and scams hurting innocent children, women and families so help me God.
Phishers cash in on ATM cards
by August 3, 2005 7:30 AM PDT
Phishers cash in on ATM cards

Mr. AT Alishtari, POA and Founder EDI Secure LLLP, says the lack of two factor authentication with offline devices for ATM machines allows ID fraud. Included in our IP is a patent pending for ATM machines that fits new US Commerce Dept National Institute of Standards and Technology, NIST, level 4 two factor authentication with an offline device.

The United States Patent Trademark Office was going to grant it last year but it sited previous art, our first patent for Nist Level 4 authentication for single use credit card number ID granted July 22, 2003, as a block. We sent it back to the USPTO is recertify it to see if we are not in objection to our own prior art. Go figure tax dollars at work.
Reply to this comment
I agree with and add to the statement the below due to EDI Secure LLLP sale
by Abdul Tawala Ibn Ali Ali January 17, 2007 6:20 AM PST
I agree with and add to the statement the below due to EDI Secure LLLP sale


A year ago, January 2006, EDI Secure LLLP was purchased by IDPixie LLC which owns the patent US 6,598,031 B1 granted on July 22, 2003 for APPARATUS AND METHOD FOR ROUTING ENCRYPTED TRANSACTION CARD IDENTIFYING DATA THROUGH A PUBLIC TELEPHONE NETWORK from inventor Jeffrey Ice. So to update EDI Secure LLLP's place in the marketplace, I add the above and below data.

My Pledge

I, Mr. Abdul Tawala Ibn Ali Alishtari, pledge my Foundation to halt child slavery activities including his Global Peace Film Festival, Inc., at www.peacefilmfest.org. I pledge moral support of legal, peaceful activities and my non-profit gifts offshore, onshore and globally, primarily with philantrophy from my personal investment to help halt all fraud, violence and scams hurting innocent children, women and families so help me God.
So which banks ARE and which AREN'T validating?
by danlia August 3, 2005 10:19 AM PDT
"Criminals are seeking out customers of banks that are not validating ATM cards' Track 2 magnetic stripe security data,"

"Banks could...require the [ATM] systems to review Track 2 security data"

So which banks ARE and which AREN'T validating Track 2 security data? Do we as consumers have access to this info, or is it just the CRIMINALS who do???
Reply to this comment
So which banks ARE and which AREN'T validating?
by danlia August 3, 2005 10:19 AM PDT
"Criminals are seeking out customers of banks that are not validating ATM cards' Track 2 magnetic stripe security data,"

"Banks could...require the [ATM] systems to review Track 2 security data"

So which banks ARE and which AREN'T validating Track 2 security data? Do we as consumers have access to this info, or is it just the CRIMINALS who do???
Reply to this comment
Banks need to held accountable
by jmaximus9 August 5, 2005 9:17 PM PDT
Banks and financial institutions are losing our private information to hackers on a daily basis. They need to held liable for the loss of this information, and must be forced to tell us when it happens. Yes I understand what a constant and growing problem this, but the times they are a changing.

http://jmaximus.blogspot.com
Reply to this comment
Banks need to held accountable
by jmaximus9 August 5, 2005 9:17 PM PDT
Banks and financial institutions are losing our private information to hackers on a daily basis. They need to held liable for the loss of this information, and must be forced to tell us when it happens. Yes I understand what a constant and growing problem this, but the times they are a changing.

http://jmaximus.blogspot.com
Reply to this comment
Phishing an ATM Card?
by markdoiron August 7, 2005 4:39 AM PDT
are there really 3,000,000 Americans out there who coughed up their atm/debit card pin number on the internet, or entered it into their computers in any fashion whatsoever? think about that. your atm/debit card pin number into your computer? that fails the sanity check!

mark d.
Reply to this comment
Phishing an ATM Card?
by markdoiron August 7, 2005 4:39 AM PDT
are there really 3,000,000 Americans out there who coughed up their atm/debit card pin number on the internet, or entered it into their computers in any fashion whatsoever? think about that. your atm/debit card pin number into your computer? that fails the sanity check!

mark d.
Reply to this comment
by yanniraz September 9, 2008 1:44 PM PDT
Why To Install An Atm Machine In Your Business?

Have you heard about the atm machines business, but didn?t know who to contact to get one to your business? Atm machines are great source of income to your existing business. It is another service you can offer to your clients and stand out from your competitors.

You can lease or buy an atm machine to your business. Many companies will take care of the processing and maintenance of the machines for you. We make the process much easier for the business owner.

There are many types of atm machines. So how will you know which atm machine is right for your business? There are many experts for atm machines, but you need only one that you trust. The atm?s process is very simple, but like in every business you need to know what you?re doing.

If purchasing an atm machine is too costly, but you would like to operate and retain the profits, then leasing is the solution for you. Leasing allows you to spread out the cost of the machine over several years. The surcharge profits will be greater than your monthly payments, and your business will recognize net gains immediately.

Many businesses want their clients to come back and purchase. If costumers regularly ask for cash and your business has no atm machine, your business is losing out on significant profits. An atm machine is important to your business.

How much cash do I need to keep my atm machine full? You will be pleasantly surprised that it takes much less than you think. As cash is withdrawn from the atm machine, these funds are then redeposit back into your bank account within 24 hours. You basically need enough money to keep the atm machine full for three days. Then withdraw the same funds to start the process all over again.

What about outdoor atm machines? The most rewarding aspect of an outdoor atm machine, is convenience. Consumers simply won?t find a more convenient way to withdraw cash than outdoor atm machine. It allows a business owner to provide a fast atm location to a wider range of costumers and passer-by.

So what is the main benefit of having an atm machine? The location owner does absolutely nothing but cash the checks when they arrive in the mail from the atm distributor. Leasing atm machines can be a good way to make money without the risks and headaches involved in purchasing. So the only thing you should think about is which atm company you want to go with for your new atm placement.


The most important in purchasing or leasing an atm machine is the location. You have to make sure that you will have traffic in your location, so you will not invest in an atm machine for nothing.

http://1atm.org
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