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Banks need to beef up on the ground security at ATMs : AIBOC

June 02, 2021 In the wake of increased cases of fraud at unguarded ATMs The All India Bank Officers’Confederation (AIBOC) has requested the Department of Financial Services (DFS) to take up with Banks as well as State Governments the need to beef up on the ground security at ATM sites as criminals are increasingly manipulating bank software to siphon cash out of unguarded ATMs. The Association expressed deep concern over the spate of ingenuous ATM frauds Man in the Middle (MiTM) model ATM hackings that have surfaced in several cities of the country by accessing the server of the bank.

No initiative by J&K Govt for vaccination of Bank employees

Bank employees decry privatisation move

Bank employees decry privatisation move Updated: Updated: They stage protests in the city for the last two days Share Article AAA Members of All India Nationalised Bank Officers Federation staging a protest against the privatisation of banks in front of Canara Bank at Balmatta in Mangaluru.   They stage protests in the city for the last two days Hundreds of employees of public sector banks in Dakshina Kannada district staged a protest against the proposal to privatise nationalised banks under the banner of United Forum of Bank Unions in Mangaluru on Monday and Tuesday. While the employees held a demonstration in front of the Mini Vidhana Soudha on Monday, they staged a demonstration in front of the Circle Office of Canara Bank on Tuesday.

Bank strike Day 2: PSB bank services hit, unions warn may go on like farm stir

Bank strike Day 2: PSB bank services hit, unions warn may go on like farm stir India Published: Tuesday, March 16, 2021, 10:58 [IST] New Delhi, Mar 16: Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders. Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted. United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16. Members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (BEFI).

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