In this white paper you'll learn why banks and credit unions that have not upgraded their ATMs to EMV technology are exposing their machines to fraud. By implementing smart chip technology at their ATMs, financial institutions can protect their bottom line by taking full advantage of the added fraud protection offered by the changeover to EMV.
While many would argue that the main problems with EMV implementation in the United States revolve around the complicated structure of the U.S. financial system. The plethora of processors, banks, credit unions and equipment providers makes the landscape far more difficult to navigate – especially when attempting to implement something as in-depth as encrypted card processing. However, a good portion of the blame can be attributed to the actual EMV Liability Shift.
Wondering if the ATM you own can be upgraded to EMV? Download our EMV ATM Migration Guide to find out.