ATMs and other self-service devices are changing the face of banking. In the seventh edition of the annual survey, learn what the industry thinks about current trends and future expectations of ATM software.
Today’s ATM is subject to many changes that are driven by external factors rather than business decisions. Banks and ATM network operators need to ensure that these changes are correctly implemented and that they guarantee a positive customer experience.
While many countries are moving to chip and PIN/EMV, criminals are migrating to those regions that still rely on the magnetic stripe. Understanding the technology that keeps ATM hardware and software safe, as well as educating customers about how to use an ATM safely, can help combat card skimming.
Migrating to EMV alone doesn't eliminate the problem of payment fraud. Issuers and acquirers need to deploy a comprehensive multichannel payment fraud-prevention solution that performs security checks for all transactions in real time.
TecBan is the largest processor of off-premises ATMs in Brazil, serving some 40 banks in the country. Its network of ATMs is still rapidly growing so it required a test solution that could better service the increase in demand that the network was experiencing.
Whether you are integrating a new payment network, entering a rigorous certification process, or keeping up with bi-annual regulatory mandates, Clear2Pays Payment Network Test Solutions will help streamline the process and make it more efficient.
A large proportion of the ATMs deployed around the world successfully use Windows XP at the base of the software stack, so Microsofts decision to stop supporting Windows XP has created major upheaval in an otherwise stable environment.
Even if your organization has been issuing magnetic stripe cards for years, you realize the switch to issuing chip cards (sometimes referred to as EMV cards, ICCs [integrated circuit cards], or smart cards) is much more complicated than simply adding...
11 Questions to Answer When Formulating Your EMV Device Budget and Timeline - As an EMV transaction acquiring institution, your organization can expect changes in nearly every division resulting from this fundamental shift in payments processing.
Introduced in 1994, EMV or Europay MasterCard Visa is a technical specification that facilitates interoperability between chip-based credit/debit cards and point-of-sale devices or ATMs. The EMV specification ensures that all EMV branded cards operate with all certified chip-reading devices, regardless...
The first liability shift milestone for US EMV migration went into effect. Over the next two years, EMV migration will bring major changes to your transaction processing and to your customers banking experience.
Operation 411 is a series of resources aimed to empower you to address the coming ATM requirements and changes holistically, ensuring you are prepared for the future in the most efficient and cost-effective manner possible.
With debit and credit cards continuing to make attractive targets for criminals, financial institutions have to continuously evolve their fraud-fighting methods to ward off a variety of attacks. One method for combating card skimming and fraud at the ATM and during a point-of-sale transaction is the use of EMV chip-based cards.
You may be facing a paradigm shift in payment processing: implementation of the EMV standard for the Integrated Chip Card. Where do you fit into this new Canadian frontier? EMV testing is not "one size fits all." Your environment, your payment schemes, and your business plan determine your test requirements.