They argue ATMs should be using software that is scaled down and less buggy, such as Linux. But banks long ago decided that Microsoft's familiar way of displaying windows and text would sit well with customers. Related story: Clinton adviser to lead Microsoft strategy.
Those cards have already been adopted worldwide but have yet to grow popular in the United States. Banks that retrofit their ATMs with new hardware will, in the future, be able to upgrade their entire fleets of ATMs with a click of a button.
Modern technology allows companies to push software updates via their networks instead of paying each ATM a physical visit. Ironically, bank customers have less to worry about from those nondescript ATMs found in malls, bars and tiny convenience stores. The banking industry has fallen behind in upgrading their ATM systems due to regulations that were enforced after the financial crisis. ATM manufacturers and operators who choose to ignore the deadline will have to increase their efforts and spending to continue receiving support from Microsoft.
Consumers need not worry, as customer balances are still protected under the same standards that banks use to combat against fraud. Topics: Industry News.
See these more recent articles that other people have written for more information:. I have a chequing account with Royal Bank of Canada. And I know that many of my readers are in the same boat, except you may have children and family to support. Last year, I broke up with Sean Rooney, my common-law husband of five years.
Interestingly enough, unlike my former cybersecurity professional ex-fiance, Rob has given me many ideas for articles! So, the part of this article about Sean Rooney being my fiance is now outdated. Please feel free to share this article on Twitter, and click on the green heart if you think my piece is a worthwhile read.
World-renowned IT security expert Bruce Schneier is a friend of mine. On January 27th, he posted something that intrigued me.
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