News

ABN Amro adds anti-skimming devices to ATMs

June 5, 2007

Finextra:Dutch bank ABN Amro is attaching anti-skimming devices to its 1,200 outdoor ATMs across the Netherlands. The announcement comes after recent card-skimming hits, the bank says. As skimming only works with magnetic-stripe cards, the roll out of chip and PIN technology, which has been implemented in the Netherlands, aims to eradicate skimming fraud. But uncertainty about when mag-stripe cards will finally be taken out of circulation in Europe has led the bank to act now.