ATM Company Colorado

ATM Company Colorado : What to Look For in a Reliable Company

If you’re a business owner or event planner in Colorado, have you ever considered adding an onsite ATM for the convenience of your customers and additional income? Did you even realize it was possible to do so? The great news is that it’s never been more possible and there are plenty of ATM company Colorado that can make this happen for you today. Here’s how to find a reliable ATM partner.

ATM company Colorado handles installation 

One of the key services of a reputable ATM company Colorado is one that handles installation from the beginning to the end. As a business owner or event planner, you don’t want more to worry about. In fact, it would be great if you had less to worry about. And a reliable company will deliver that and more with your new on-site ATM machine.  

Choose one that offers administrative support

You’ll definitely want to choose an ATM partner with a robust administrative support plan and team behind it. One of the main reasons why on-site ATMs are such a great idea for business owners is because they can be installed and practically forgotten, (of course, until the passive revenue starts rolling into your business bank account). Be sure the company you choose has a friendly staff that is supportive and helps you through the whole process of installing the machine and keeping it running for the long-term.  

Cash ordering and delivery by ATM company Colorado

A solid ATM company handles all parts of getting your new cash machine set up in your space or for your event. There is way more to the process than meets the eye, and the beauty of it is that they know exactly what to do. Even when it comes to cash ordering and delivery to the machine. A reliable and reputable company will have this covered.  

Tech support and service

ATM company Colorado will also provide ongoing technical support and service. Sometimes these machines can malfunction and do need maintenance. Many times ATM companies know when this happens even before you do and will be onsite to get everything back up and running in no time.

Can a Portable ATM Machine be protected from Thieves?

Portable ATM machines provide great convenience to consumers in a myriad of retail establishments, events, and outside locations. You might think that their placement, away from the heightened safety and security of places like banks, would make them more vulnerable to thieves and others with ill intentions. That’s most certainly untrue and here are just a few of the ways that these machines are protected. 

Portable ATM Machine protection on site 

First and foremost, ATM machines are built to take a beating. They’re typically constructed with industrial-grade steel and heavy welding. Depending on their location, they might even be bolted to the wall or the ground keeping them securely in place and extremely difficult to move without the right tool kit that includes a torch and industrial-strength drill.  

Portable ATM Machine protection with software and other means

Portable ATM machines are also equipped with cameras onboard and in the surrounding area that take photographic and video footage of anyone that engages the machine. They have alarms that go off if the machine is compromised in some way and which notifies the police and an alarm company contracted to monitor the signal. In addition, many have a GPS inside that will make tracking a perpetrator fairly easy.  

How you can keep the machine safe

If you’re a business owner with an onsite portable ATM machine, you probably won’t have to do much beyond your usual security measures to keep the machine safe. If you suspect someone has ill intentions toward the machine, or you catch someone casing it out, you can call the police before any crime is attempted. You can also be sure you have a video camera in your establishment that points directly at the area immediately surrounding the machine.  

What to do if thieves strike

If you report to work one morning and find that thieves have struck and went straight for the portable ATM machine, call the police first. After the police are called, you can call the company that manages the ATM for you. It’s not likely that thieves will be successful getting the machine out of the building, or the money out of the machine, but it’s best to prepare for any possible scenario. Jail time and fines for stealing from an ATM are pretty hefty which serves as a deterrent to possible thieves.

wireless Atm service in colorado

Wireless ATM service perks

ATM machines outside of banks have been a game-changer for small businesses. Offering this convenience to their customers increases foot traffic, creates an additional revenue stream into the business and often increases the money spent by customers when they’re there. Wireless ATM service is a no brainer for businesses. Why wouldn’t you make you business even better by adding wireless ATM service in Colorado? Here’s what you need to know.

Benefits everywhere you need them 

The most obvious benefit of wireless ATM service in Colorado is that the machine can be everywhere you need it to be. If a machine is inside of a space, it won’t add an additional need for connection to outside lines. If it’s outdoors, and you’re an event planner, you’ll be amazed at the many places where an ATM can be placed for the convenience of your event attendees. That means they never have to leave your event to get more cash to spend there.  

No need for extra equipment with wireless ATM service

With many wired machines that depend on Internet connectivity, you need to worry about ancillary equipment that can make that happen. Another convenient feature of wireless ATMs is that no connectivity equipment is required. No more worries about buying a router with the bandwidth to support the machine, or potential connectivity problems that might arise between the machine and the connection source.  

Less room for error with wireless ATM service

Because a wireless ATM automatically gets the information it needs and the connection is required wirelessly, there is less room for error due to faulty connections or equipment. As a business owner, you can practically set it and forget it. In all actuality, a reputable ATM service company will set it for you, delivering the machine, making sure it’s online, and ensuring that it’s always operable for the convenience of your customers and for a positive impact on your bottom line.

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Why you need an ATM machine at your corporate event

If you’re planning a big corporate event this holiday season, you can appreciate just how much goes into pulling off such a feat. You have to consider the venue, food and drinks, entertainment, and transportation… then worry if everyone will have a good time! One thing you definitely shouldn’t miss, especially if your event has food, drink, or goods available for purchase, is a Colorado ATM machine service

Cash 

Having an ATM on-site, even for only a single night for a big event, has never been easier. You can find an ATM machine service in Colorado or check out ATM sales colorado on google to talk about the options available. They will take care of everything from setting up, to operations, to removing the machine when the event is over, and your attendees will have cash on hand for whatever they want or need.  

Convenience

It’s so easy these days with increased reliance on credit and debit cards to forget to swing by the bank on the way to the party to ensure that you have cash on hand. Your party goers will be happy to know that you’ve taken care of that part for them and brought the ATM to the party instead. And, even if they did stop by the bank on the way, they’ll have access to more cash if they run out of money, meaning the party goes on.  

Effortless revenue

You can even get a cut if you include having an ATM machine at your corporate event which can offset your event planning expenses, go right back into the company’s coffers, or be used for a charitable donation just in time for the holidays. On-site ATM machines are an easy and effortless way to get revenue from a source you probably didn’t think of.  

Easy way to increase spending

If you’re hoping to make money from your corporate event, having an ATM machine on site is a sure way to do just that. Statistics show that customers spend 20 percent more in a place where there is a cash machine on hand. Increase your event attendees’ spending, and you’ll also increase your revenue making it a win-win for everyone involved. 

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Video Monitoring: Why it’s Necessary at Every Bank

Surveillance cameras and alarms help keep unwanted crime at bay. However, when security cameras are lacking at important places such as the banks and ATMS, your identity is at risk. Atm placement Denver and Video monitoring at your bank is crucial to avoid these sort of crimes and prevent them from wreaking havoc in your future.

 

Do Bank Cameras Really Do What They Say?

15 million Americans have their identity stolen each year. Bank security cameras offer the type of security that can deter bank crimes, do continuous monitoring, and even help crime investigations. This type of security also offers trust and remote access, safely. So next time you see a video monitoring system at your mobile ATM Colorado, you can rest assured they have your back. Imagine if a thief tried to take advantage of your identity but stopped in fear of getting caught? Video monitoring is like having an extra set of eyes watching out for your best interest.

Bank surveillance cameras prevent fraud, assist with crime investigation, and much more. Especially for an event ATM in Denver Colorado, surveillance cameras at ATMs are vital for keeping one’s identity safe. Cash-out attacks happen frequently but they don’t have to! Just some of the reasons video monitoring helps the banks and customers:

Storage: With video surveillance, you can always guarantee access to the files. Its digital memory makes it easy to run through the files over and over for accuracy. This prevents thieves from getting too far.

Remote Access from Anywhere – Another important reason to have video surveillance on a bank site is remote access to live footage. Video surveillance is easily hooked up to law enforcement and they can attend the scene more quickly should an incident occur.

Multiple Location Access – Most bank video monitoring systems have a central monitoring system that allows local video surveillance to be transferred to a bigger hub. Nowadays, surveillance videos can be viewed and accessed over the internet as well.

Data Recognition – Most modern surveillance cameras can easily identify the thief, transaction numbers on paper, and much more. Advanced technology allows a clear vision of what’s being viewed on camera.

Intelligent function & Alarm System – The technology today allows for alarm systems to be integrated into one signal network. This kind of intelligence allows the video monitoring systems to pick up facial and behavior recognition and motion sensing.

Enhances Confidence – More importantly, video monitoring provides peace of mind when it comes to the transfer of your funds. Modern technology makes it possible to catch and track all theft and questionable transactions.

Do you need an event ATM in Denver? These money cash machines make it simple for your customers to withdraw money at your event. Our wireless ATM service in Colorado is affordable, reliable, and includes theft protect features for identity fraud safety. Contact Mile High ATM for more info today!

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Cash-out Attacks & How to Prevent Them

So, you’re standing at the gas pump and you slide your bank card through the machine for payment. Little do you know, that one swipe can leave you in a compromising position. Cashout attacks, like Jackpotting, are no joke. They happen to the best of us. In fact, over 11.5 million dollars of unauthorized transactions were taken at a bank in India. Millions of people are victims of cash-out attacks in the U.S alone. So how do you prevent this fraudulent activity from finding you? These preventive steps will help you gain a better understanding of cash-out attacks and what to look for.

What’s a Cash-out Attack?

In August 2018, banks across the country were warned of malware attacks that could threaten the ATM ecosystem. This alert took banks to the next level with security. Whether you’re withdrawing funds from an ATM or paying for gas at a station pump, you could be a victim of a cash-out attack. These frauds occurs when the criminal(s) have installed software (malware) onto an ATM machine. This allows the criminals to gain complete access to your funds by digitally tracking your account. Memorial Day of 2016, attackers managed to siphon $570,000 from a bank, according to resources.

Protect and Prevent

Because Denver ATM services is susceptible to these attacks, the Colorado Bureau of Investigation suggests reporting all questionable activity to law enforcement right away. But how does one know how to spot it before they are victimized? In order to better protect your financial states, banks are taking these steps to ensure ultimate safety.

Multiple Authentication

Additional password authentication such as one-time password usage will decrease your chances of fraud. Every few months, choose a password that has a scheduled expiration time. This will keep your accounts active and secure, leaving little to no trace for criminals.

Digital Signature

Your digital signature adds a security feature that makes it impossible for criminals to mimic. From shopping to online buying, a digital signature will increase security because of code-signing techniques that allow the bank to recognize that you are authorizing that transaction. Digital signatures are especially recommended for an event ATM in Denver where the population of people is high.

Securing Privilege Right

Believe it or not, you could actually be giving criminals access to your bank account without realizing it. In order to prevent this, remove admin rights to any network online. This will prevent attackers from trying to move in and install malware and pretending it’s you.

Do you have questions about ATM processing in Colorado? Perhaps you need an ATM for an upcoming event. Mile High ATM services are here to confidently answer your questions and provide an ATM for your needs and business. Contact us today for more information!

 

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Have you explored these ATM security options yet

ATM crimes have increased significantly over the last few years. They are on the rise, especially because many are yet to upgrade their terminals to EMV. The debit cards still carry the magnetic stripes which can be easily duplicated.

The popular attacks include card shimming and card skimming. The other attacks can include anything that varies from grab raids to high-tech attacks. Recently, there have been more unusual attacks like jackpotting and explosive attacks. The threats to ATMs evolve but so should the security measures. Here is a rundown on the security options that you can consider-

Knowledge

Knowledgeable technicians have better chances of spotting any tampering with the ATMS including malicious hardware units. So, being familiar with the ATM terminals is one of the best practices to save cash and sensitive information.

Placement of the ATMs

The placement of the ATMs also plays an impact on its security. The best would be to obtain a criminal activity report first before considering potential ATM locations. This report can suggest what type of security best suits the location. When ATMs are installed in safe locations for customers, they are also more secure for ATM owners.

Physical barriers

To prevent smash and grab attacks, physical barriers can play a great role. Concrete pylons and bollards can be used as physical barricades around the ATM. For an extra layer of security, anchor kits allow you to bolt the ATM to the ground. The anchor kits can withstand high impacts.

Security

The top cabinet on the ATM is the most vulnerable point for an ATM attack. To prevent unauthorized entries, upgrading the locks and managing the key access is a good option.

Software update

ATMs are susceptible to a number of cyberattacks. To protect an ATM from unauthorized downloads and malicious software, software updates in a timely manner are necessary. For more precautionary measures, updating the passwords and monitoring the technicians or employees accessing the ATM should be done regularly.

Investing in security management software

Remote diagnosis and monitoring solutions allow the ATM owners to operate and manage the ATMs in real-time. There are security softwares available that scan any unusual transaction or service activity at the ATMs. Any suspicious activity that might occur is recorded and the alert is sent to the concerned department.

For an added layer of security, alarms should be installed at the ATM access points. These will notify the site staff when the terminal site is breached.

With a combination of technology and preventive strategies, the risk to ATM terminals can be greatly reduced.

event atm in denver

Why is withdrawing cash on Wednesday important?

 

 

Withdraw Cash Wednesday (WCW) is a new initiative by ATMIA to remind consumers that they should withdraw cash in advance for the major shopping day of the week which is Friday. It is basically a promotion to withdraw cash from ATMs on Wednesday. This initiative brings out more visibility of the usage of ATMs around the busiest times of the year.

This campaign did not only start to increase the usage of ATMs during the busy season but also to make the consumers aware what are some of the problems they might have to face during the holiday season while withdrawing cash.

The platinum sponsors of the initiative are Cardtronics and Allpoint Network. Although there have been mixed reactions when the initiative was announced, the initiative was strongly supported because of the reasons explained below:

Money Saving

There was once a survey by Bankrate.com that showed that around 24 percent of American adults had no money saved for emergencies like medical bills or when they were laid off. The basic strategy which is recommended to save money is to control spending using cash. And this is just not a personal opinion. The 2017 Health of Case Study by Cardtronics stated that 75 percent of consumers believed in paying in cash to save money. Cash proved to be an effective way to stop them from overspending. I personally feel that as well and it has always been effective for me to stay on budget and save money by using cash.

A healthy customer and retailer relationship to increase sales

Richard Kestenbaum who is a contributor from Forbes said that customer loyalty comes with a lot of things which includes understanding the customers and their needs. Quite obviously, customers want their options be it cashless or cash only. Around 89 percent of the American consumers like to have the option of various methods according to Health of Cash Study. 61 percent of the population does not like it when retailers do not accept cash even if they prefer to pay in cash. So, it only means that just like anything else more than half of the population likes to keep their options open to every payment method.

This is not only a good news for the consumers but also the owners of establishments because they could see a visible increase in their sales after this initiative. In a study sponsored by Cardtronics and conducted by an independent research firm Scansion, the sales in a drug store doubled with an ATM in the store.

According to “Global ATM Market and Forecast to 2022”, there are 66 percent ATMs that are nowhere near a bank branch and many of these offsite ATMs are not even owned by a bank. It is however, becoming easier for customers to find a surcharge-free ATM to access cash.

 

 

 

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How does a bitcoin ATM work?

 

In the truest sense, bitcoin ATMs aren’t actually ATMs. They serve as centers to buy and sell bitcoins. These “BTMs” offer bitcoins to people who are not a part of the banking system. Bitcoin ATM’s can be referred to as Mobile ATM Colorado.

Bitcoin ATMs are preferred by people because of the privacy they have to offer.

How to use BTMs?

  • The BTMs can be easily found online. Once you locate one near your house, you can use their services.
  • Not all, but most of the BTMs offer a two-way support system, where you can buy as well as sell bitcoins. The common bitcoin ATMs found will allow you only to buy bitcoins with fiat money. Fiat money is a legal tender issued by the Government of any particular country in the local currency.
  • Most of the BTMs require a valid ID and a phone number for any sort of bitcoin transactions through the ATMs. It all depends on the operator and the machine the level of personal information that one may have to reveal. This, in turn, helps keep your bitcoins safe.
  • A BTM is very similar to an ATM. Here also you need an OTP to proceed with your transactions.

Buying Bitcoins

  • You will require entering the fiat notes one after another in the machine after you have gone through the verification procedures to buy the bitcoins. They act as best mobile atm colorado.
  • Once the money is deposited, you will get a printed offline wallet or bitcoins in your Bitcoin wallet. In some cases, you may also experience bitcoins being sent to your email address.
  • For the ones using a Bitcoin wallet for the first time, you get a paper with a QR code on it. Upon scanning the QR code, you get a private key that gives you access to your wallet and the Bitcoins you have bought. You can alternatively receive bitcoins through emails after the QR code is sent by mail. These emails can also be encrypted by setting passwords.

After purchasing the bitcoins, you can either use them or invest them. Usually the price of bitcoins is 5-10% higher than the present rates at the exchanges.

Selling bitcoins

Selling bitcoins is an easy procedure. You just have to enter the amount of Bitcoins you want to sell. Next, send it to the address as displayed on the machine. The fiat money will be dispensed once the transaction is completed.

The selling price offered at BTMs is also 5–10% lesser than the exchange rates.

BTMs are secure in the sense that they save Know Your Customer (KYC)/Anti Money Laundering (AMC) and look over any suspicious activity. Once everything is verified, you are allowed to buy bitcoins. One can withdraw bitcoins from their wallets and buy as many as they want provided the operator has those in stock.

The BTM operator has to meet some stringent rules and operating a BTM is a challenging task for them. By registering themselves under the federal financial crimes enforcement networks and obtaining the money transmitter license they can carry on their process of helping people with the bitcoin transactions.

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ATM jackpotting: How, why, when? All you need to know about it…

What is ATM Jackpotting?

To be acquainted with protecting any ATM, one first needs to know the latest trends,techniques, and defenses. ATM jackpotting is when hackers install malicious software on ATMs for the the machines to dole out money without any PIN requirement. For this, the thieves first gain physical access to the ATMs just like anyone else and install electronic equipments to start with their so-called art. The malware can either be from a mass storage device which sends a signal to the ATM to dispense cash or a separate dispenser (the one with malware) can be attached to the ATM by disconnecting the original dispenser.

 

What are the type of Jackpotting?

Jackpotting has basically two types- malware and black box.

1. The malware method can be from a mass storage device which sends a signal to the ATM to dispense cash. The malware can even be installed days before the actual crime occurs. In the meantime, the ATM dispenses cash normally form cash machine denver.

2. The Black Box method can be a separate dispenser(the one with malware) which can be attached to the ATM by disconnecting the original dispenser. The criminals drill out the serial ports in the ATMs in the facia thereby hijacking the EPP cable which then sends commands to spit out cash form cash machine denver.

 

Where did ATM jackpotting origin?

Jackpotting dates back to 2013, when the first attack occurred in Mexico and which slowly spread to other countries. Once successful, jackpotting finds the next weakest link. Coming to the United States of America, jackpotting has been targeted to standalone ATMs. It has popped up in New England and the Pacific Northwest. Jackpotting might seem appealing to criminals in the US due to the higher rate of currency than any other country.But the risks involved with getting caught are very high.

 

What has made jackpotting easy?

There isn’t one particular answer that can explain this trend of new crime. Like any other crime, hackers find financial fraud cyclical. By targeting a region where law enforcement is not as robust, the attackers take advantage of the ease of entry. When one region is locally attacked, they try to move around globally before being exposed to law enforcement.

 

Are certain ATM brands more vulnerable to these attacks?

In no case are certain models/types more vulnerable to attacks than others. Law enforcement ought to have the best practises for such scenarios based on the locations of the ATMs.

 

Should consumers be worried?
As per the reports, consumers should NOT be worried. The attack in no way affects the consumers’ information or personal funds. The concern should be on the possibility of future access. With rumors circulating about hacks and reports of money theft, this may lead to a dangerous situation where the malware lies dormant, preparing and growing for even bigger attacks.