Chips Off the Bold Block: America's EMV Compliance Challenges

Posted by Banking Administration Institute on November 17, 2016

In this featured article, our Solutions Architect, Harold Pruitt, outlines his thoughts on the upcoming EMV compliance challenges

As the United States continues on its EMV compliance journey, the most recent major benchmark was the ATM liability shift for MasterCard. With fraud taking an even larger toll on financial institutions, EMV compliance becomes more critical than ever. Nor does this equal the last hurdle: Visa’s deadline is Oct. 1, 2017.

As skimming continues to run rampant, organizations responsible for ATM networks must take critical steps to gain EMV compliance: This is paramount to protect themselves and consumers. Yet ATM providers have their own unique challenge, and many stand at dramatically different stages of preparedness.

Read Full Article on BAI

Topics: Featured Article