Without disclosing any figures, he said the department expected people to use
ATMs less as more Filipinos were patronizing online payments.
"Banks can start to consider offering more
ATM services since they now have the opportunity to present to the BSP the costs incurred in their
ATM services which the BSP will consider in evaluating the request of banks.
Off-site
ATMs are not hosted next to or inside banking halls.
Police suspect the man, estimated to be aged between 25 and 30, were part of a cyber gang that emptied three
ATMs belonging to Barclays bank of the millions of shillings during the Easter holidays.
He said the CATMi step is forced on account of recent regulatory guidelines for
ATMs hardware and software upgrades, recent mandates on cash management standards and the Cassette Swap method of loading cash, entailing huge investments by the industry.
"With our mixed fleet, we do have involvement with the other machines, but I definitely see the advantage of having
ATMs with Dolphin.
The official said that the bank had the highest number of
ATMs, having deployed 2,897 of the machines across the country.
FIA informed the court that the two suspects were caught red-handed while installing a skimming device at an
ATM on Karachi's Abdullah Haroon Road.
Federal Investigation Agency (FIA) informed the court that the suspects were allegedly manipulating
ATM machines to extort money.According to the FIA, the nationals were caught while they were trying to install a skimming device at an
ATM in Karachi.
KARACHI -- Police Sunday claimed to have arrested five Chinese nationals red-handed for their alleged involvement in
ATM skimming frauds in Karachi.
KARACHI -- Police on Sunday claimed to have caught at least five Chinese nationals red-handed for their alleged involvement in
ATM skimming frauds in Karachi.