News, stories and events about currency from around the world.
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The theft of $2.2 million from dozens of ATMs in Taiwan, executed using malicious software, defies a years-long effort by banks and software vendors to strengthen the security controls of ATM fleets.
Anyone who sends money abroad knows how inconvenient it is. Banks take days, sometimes weeks, to clear payments, and they collect a hefty fee in between. And God forbid, when errors occur, money vanishes into thin air.
