ATM Skimming and EMV Chips by 2016

[JJ All Day]

ATM Skimming may be lessened, but security experts are now warning about the emergence of a new class of scam aimed at draining ATM cash deposits via a novel and complex attack - THE ATM JACKPOTTING. The crooks are now in the Philippines.

[Stigg ma]

ATM Skimming may be lessened, but security experts are now warning about the emergence of a new class of scam aimed at draining ATM cash deposits via a novel and complex attack - THE ATM JACKPOTTING. The crooks are now in the Philippines.

2017 na! majority of the banks have failed to meet the deadline and the govt (BSP) seem not to care, what they want is that the bank to shoulder the cost of the fraud for being non EMV

gave THREE YEARS to comply but FAILED!

Bangko Sentral ng Pilipinas - Publications & Research

Any changes arising from the EMV implementation guidelines shall be incorporated in the EMV Migration Plan and all affected BSIs shall resubmit their updated plan to BSP within sixty (60) calendar days from date of the Circular. Finally, the BSP reiterates that all cards issued and card-accepting devices should be EMV-compliant by 1 January 2017.

The EMV Implementation Guidelines shall take effect fifteen (15) calendar days after publication of the appropriate Circular in the Official Gazette or a newspaper of general circulation in the Philippines.



what i have

only HSBC has been able to comply

metrobank, bpi, security bank (said three haven't send info on existing card holders if they will upgrade us)

bdo (lets see next week as i had my card replaced/upgraded/updated)

gcash/paymaya (they have EMV on new release cards, but they haven't send info on existing card holders if they will upgrade us)

[kimbon]

2017 na! majority of the banks have failed to meet the deadline and the govt (BSP) seem not to care, what they want is that the bank to shoulder the cost of the fraud for being non EMV

gave THREE YEARS to comply but FAILED!

Bangko Sentral ng Pilipinas - Publications & Research

Any changes arising from the EMV implementation guidelines shall be incorporated in the EMV Migration Plan and all affected BSIs shall resubmit their updated plan to BSP within sixty (60) calendar days from date of the Circular. Finally, the BSP reiterates that all cards issued and card-accepting devices should be EMV-compliant by 1 January 2017.

The EMV Implementation Guidelines shall take effect fifteen (15) calendar days after publication of the appropriate Circular in the Official Gazette or a newspaper of general circulation in the Philippines.



what

only HSBC has been able to comply

metrobank, bpi, security bank (said three haven't send info on existing card holders if they will upgrade us)

bdo (lets see next week as i had my card replaced/upgraded/updated)

gcash/paymaya (they have EMV on new release cards, but they haven't send info on existing card holders if they will upgrade us)

bcoz the banks have had to change/upgrade their current machines at the same time the cards with EMV chips. majority of the bank machines were jurasic models which are not compatible with EMV chips and vice versa

[Stigg ma]

bcoz the banks have had to change/upgrade their current machines at the same time the cards with EMV chips. majority of the bank machines were jurasic models which are not compatible with EMV chips and vice versa

thats why they were given three to four years to comply... yet still FAILED on the ATM/debit side, credit card (excluding prepaid) is 100% EMV compliant for PH

i made a research, BDO, security bank debit is EMV compliant on new accounts...

pending EMV is metrobank and bpi

seems like if you want the EMV is you will have to go to the bank and request by yourself, not unlike HSBC that sent us a mail saying my EMV is ready for pickup and my current non-EMV card will be deactivated on a specified date...

[JJ All Day]

To be 100% compliant, cards being issued by a bank should be chip based already, and machines being provided by same bank should also capable of reading chip based cards. Now, can anyone tell me what bank is emv compliant?

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[StockEngine]

when is bsp going to move their aszes

Saksi: Nasa 2,000 bank accounts, nakompromiso sa umano'y ATM skimming - YouTube

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[StockEngine]

one step closer...

Just a moment...

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[crazy_boy]

BPI wala pa. Just claimed my new atm card yesterday. Old card pa rin


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[_Qwerty_]

Metrobank nag replaced na nang mga cards nila..

[StockEngine]

Metrobank nag replaced na nang mga cards nila..

was it announced? good to know though

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