ATM Marketplace: January Top 5
For ATM operators, two subjects were top of mind last month: The future — it being the start of the new year; and security — malware being a fast-growing ATM crime trend. In fact, it took less than 24 hours for a Jan. 30 feature about jackpotting in the U.S. to become one of the top 5 stories for the entire month.
Here's the complete rundown:
Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology to gain traction, it must provide a secure customer experience.
Now that EMV has taken much of the profit out of ATM skimming, criminals are taking up more sophisticated methods of thievery. So it was that the Secret Service confirmed last week that ATM jackpotting crime has arrived in the U.S.
It is undeniable that the payment landscape is changing, and that electronic money is a key part of this. But new technologies being rolled out across ATM networks demonstrate consumers' continued demand for cash.
Blogger Daryl Cornell of Triton Systems offers five fearless predictions for 2018 — along with the caveat that any or all might be "off the mark, highly questionable or just plain wrong." ATM Marketplace will be bookmarking this page for review 365 days from now.
Meltdown and Spectre should be taken seriously by ATM operators. But by concentrating on what's important and applying the best security techniques, deployers can stay ahead of these threats — and others — as they emerge.
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. She is now the editor of ATMmarketplace.com and WorldofMoney.comwww