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Friday, October 21, 2016

ATM industry shifts EMV into high gear

A global shipping crisis and other challenges have impeded ATM industry efforts to upgrade its U.S. fleet in accordance with mandated EMV (Europay, Mastercard and Visa) guidelines. The industry’s attempts to delay EMV liability shift deadlines due to supply chain issues have been unsuccessful: October 2016 deadlines for Pulse and Shazam networks (Oct. 1) and Mastercard (Oct. 21) are now in effect. The Visa Inc. liability shift is set for Oct. 1, 2017.

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