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ElectraCard admits system breached in global ATM heist

A Pune-based card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.ElectraCard......

ElectraCard hit by deals worth only $5 mn, says CEO

Crime was carried out by a syndicate and involved breaking into the computer systems of global financial institutions ElectraCard Services (ECS), the Pune-based payment card processing company,......

IT watchdog investigating breach in ATM heist

Hackers broke into two card processing companies, raising the balances and withdrawal limits on accounts that were then exploited in coordinated ATM withdrawals around the world. The Indian......

Indian card processor in $45-mn heist

The Indian card processor - used in the heist on December 21, 2012 - was ElectraCard Services, which is based in Pune, India. One of the credit card processing companies whose security was breached......

Now, a multi-currency prepaid travel card

ElectraCard Services (ECS), a provider of software solutions for electronic payment systems, has partnered with UAE Exchange, a global remittance and foreign exchange brand, for the launch of......

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