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The best of June at ATM Marketplace

Summer is here, which means it's time to chill, grill — and get into high gear on making ready for the fast-approaching deadline for EMV, a subject touched on in almost all of June's best-read features.

July 6, 2016 by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

 

For readers of ATM Marketplace, June apparently was a month dominated by thoughts of EMV and security, which, when you get down to it, are almost one and the same.

Two of our top stories for the month specifically discusssed the latter topic; another two directly addressed the former.

And in the midst of it all was a story about mobile payments, a financial services preoccupation that's gotten so hot over the past several months that you could fry an egg on it.

Here, in reverse order, are the five feature stories that ATM Marketplace readers got fired up about during the month of June ...


5) On the hot seat, networks streamline EMV cert, soften chargeback rules

Recently, the major card brands have come under fire in Congress — and in court — for enforcing EMV liability shifts against U.S. merchants who have chip-enabled systems in place, but can't activate them due to backlogged testing and certification systems ... read more

 

4) Battling ATM crime with a blunt sword

What is the best way to fight the global threat of ATM crime? Nearly all players in the ATM provider chain are putting a lot of effort into answering this question. But they are working either by themselves, with others in their specific segment, or in cooperation with other single players. read more

 

 

3) Why EMV won't keep card-skimming crooks away from ATMs

In exactly 100 days, the first of the EMV liability shifts for ATMs — specifically, the one for MasterCard — will go into effect. In exactly 465 days, the second shift — this one for Visa — will go live, as well. At this point, nothing short of an act of Congress will prevent ATM operators and acquirers from shouldering financial fallout for ATM fraud. read more

 

2) Where in the world are the mobile payment users?

You don't need a crystal ball to predict that the use of mobile phones will escalate in the years to come. Statista has reported that there were 4.77 billion mobile phone owners worldwide in 2015. This number is expected to rise to 5.07 billion by 2019. read more

 

 

1) The key to ending skimming: A comprehensive approach

Skimming is still the most common form of ATM attack, but it's not just limited to the ATM. As it takes advantage of inherent weaknesses in magnetic stripe cards, skimmers can be used at any location where a user needs to swipe their card, from POS terminals to fuel pumps. read more

 

cover illustration and feature photos istock

 

 

About Suzanne Cluckey

Suzanne’s editorial career has spanned three decades and encompassed all B2B and B2C communications formats. Her award-winning work has appeared in trade and consumer media in the United States and internationally.

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