ATM security was a hot topic in 2018, and for good reason – unrelenting theft threats, rapidly-changing technology and shifting member demands were just a few of the major trends that influenced the sector over the last 12 months. Here are five of the year's biggest stories in ATM security, plus a few predictions from the experts about what 2019 may have in store.
EMV-Ready – Or Not
In its 2018 EMV Migration Survey, the ATM Industry Association reported that 91% of U.S. ATMs were EMV-capable and 86% actively accepted chip transactions, which was a significant spike from an estimated 19% at the beginning of 2016 and 58% at the beginning of 2017.
But there was an open secret in the industry in 2018: Many credit unions still hadn't finished – or perhaps not even started – issuing EMV cards.
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