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ATM Marketplace: September's best reads

Features on EMV were popular in September, claiming two spots in the Top 5. But our No. 1 story of the month proves that chip cards are no cure for criminal attacks at the ATM.

October 6, 2016 by Suzanne Cluckey — Editor, ATMmarketplace.com

The good news in September was MasterCard's clarification that its EMV liability shift date is Oct. 21, not Oct. 1, as reported for the past few years because nobody in the media got the memo.

The bad news is that, for a large swath of ATM operators — particularly IADs — three more weeks won't make a dime's-worth of difference. Those ATM owners can look for coverage next week of a session called, "Help! I'm not ready for EMV," from Networld's recent Bank Customer Experience Summit.

In the meantime, check out the two articles below about EMV that made the ATM Marketplace Top 5 for September. And don't miss our No. 1 feature about the new ATM malware variant, Ripper, which underscores the argument that EMV will not keep criminals from being criminals.

5. 'Tiptoeing' into branch transformation During the last decade, community banks in the U.S. may have faced more stress than in any previous period. An "old friend with new ideas," Roswell, New Mexico-based Pioneer Bank is fighting back.  read more ...
	4. PNC Bank and the long drive to EMV-enabled ATMs — Part 1 Two months before the ATM industry's first major EMV fraud liability shift, PNC Bank announced that it would complete the migration of its 9,000-ATM fleet and squeak under the wire of the MasterCard deadline.  read more ...
3. Why the ATM belongs at the forefront of the digital revolution Sparked by a societal digital revolution, a massive banking industry transformation — technological, operational and cultural — is underway as financial institutions scurry to meet shifting customer needs.  read more ...
	2. The dumb thing about smart cards: EMV’s identity problem at the ATM Contrary to expectations, EMV has suffered from early reports of card skimming. But shoring up EMV skimming defenses isn't the only issue facing these cards.  read more ...
1. Ripper ATM malware and the 12M baht jackpot Indicators that strongly suggest this piece of malware is the one used to steal nearly half a million dollars from the ATMs at banks in Thailand — in less than an hour.  read more ...

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