75% of ATMs not converted to EMV before deadline
Why? Well, some call it the “curse of the POS terminal,” where nearly two years after the 2015 POS liability shift, fewer than 50% of merchants have upgraded their POS terminals to EMV. For a number of reasons, many of these procrastinators have yet to be burned by chargebacks.
Services like RedBox have been delivering movies to the masses for more than 15 years but hiring out discs via a vending machine is always bound to cause problems. So how about a nice touchscreen shopping mall kiosk that dumps the latest movies to a USB stick for a few cents each?
Spotted by a TorrentFreak reader in a shopping mall in Ethiopia, this bright yellow kiosk looks like an ATM. However, on closer inspection it reveals itself to be a self-service media machine that does everything that RedBox can do (and more) without a plastic disc in sight.
James Goodfellow, the Scotsman who developed and patented the four-digit ATM personal identification number 50 years ago, has been honored with induction into the Scottish Engineering Hall of Fame. Scotland’s Institution of Engineers and Shipbuilders created the hall o
Not sure exactly how you invent a code but he got it patented.
Cash machine manufacturers Diebold and Wincor Nixdorf have joined forces to found an association that will work to improve ATM security.
The partners are inviting banks and their fellow manufacturers and IT suppliers to join them in tackling the threat by improving industry communication and information sharing.
Can you really afford the hidden costs of cheap parts?
Nice writeup on the impact of cheap components. Example is cash dispenser with cheaper plastic shutter and how that one part of the overall assembly bleeds red ink into overall operation.