How to upgrade your ATMs to EMV and stay in business

first_imgby: Bob SilkerWith liability shifts fast approaching, many independent ATM deployers (IAD) are asking: How do I upgrade my portfolio and stay in business. With estimates from Aite Group putting overall upgrade costs around $2,000-4,000 per ATM, it’s no wonder many business owners are suffering from sticker shock.But fraud costs after MasterCard’s liability shift beginning on October 1, 2016 could be far more detrimental – a whopping $50,000 per skimming incident as estimated by the U.S. Secret Service.ATM locations last to upgrade are more likely to absorb enormous amounts of fraud. It’s highly unlikely fraudsters are going to simply close up shop because ATMs begin getting EMV card readers installed on them. They will begin branching out, and with so smart phone apps available to help pinpoint an ATM anywhere in the U.S., it won’t be hard for them to find at-risk ATMs.Experts have seen similar fraud migrations happen in every other region of the world as they upgraded to chip technology. In fact, small areas, with very few ATMs, began seeing so much fraudulent traffic in Canada during the EMV migration that processors shut down those machines until they were upgraded. continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

ACLU director speaks at Gould about civil liberties

first_imgDavid Cole, legal director of the American Civil Liberties Union, visited the USC Gould School of Law on Thursday to speak about the future of civil liberties in the midst of the Trump administration.Formerly a professor of law at Georgetown University, Cole was named as the new national legal director for the ACLU in January. He replaced Steven R. Shapiro, who served as legal director for the ACLU from 1993 to 2016. Cole will now oversee the work of nearly 300 lawyers and lead the ACLU’s efforts in the Supreme Court. For the past 96 years, the ACLU has been involved in nearly every landmark Supreme Court case regarding political expression, freedom of speech or press and the separation of church and state.Professor Nomi Stolzenberg, who has been teaching at the USC Gould School of Law since 1988, moderated the discussion.Stolzenberg said that the executive orders signed by President Donald Trump have the potential to undo Obama administration policies. She asked Cole for the top issues on ACLU’s list.Cole explained that the ACLU will deal with many issues, including reproductive freedom, national security and voting rights. However, immigration will be a priority.Cole discussed Trump’s immigration ban, the legality of the executive order and the ACLU’s plans to fight it. Cole explained that the ACLU is looking to focus on aiding immigrants and those affected by Trump’s executive order. He sees the ban as religious favoritism — or “dis-favoritism” — which he claims is nonsensical in the context of the Constitution’s establishment clause, which prohibits the government from favoring any one religion.Cole believes that the federal court can only do so much. The true work of the reform, he said, lies with the citizens who are impassioned by the issues and want to see change. Some part of this change comes from supporting organizations like the ACLU.Over the course of a decade, the ACLU has grown to over one million members. Since Trump’s election, it has received one million online donations that average about $79 each.“People want to engage,” Cole said.The only viable way to stop Trump’s series of executive actions, Cole believes, is for citizens to band together and continue the activism shown at the women’s marches and airport protests nationwide.“There is a broad swath of people who are showing their concern, and that plays a role in how the courts react,” Cole said.Cole acknowledged that the Trump administration will present many challenges. But public opposition has left him optimistic about the future.“The real moving force of constitutional law is the people, organized through institutions that care about particular constitutional values,” Cole said.last_img read more

B&H ending the 2015 at the 22nd place on FIFA rankings

first_imgThe national football team of Bosnia and Herzegovina is ending the year 2015 ranked 22nd on the FIFA rankings, with 898 points.After being eliminated in the playoffs for EURO 2016 by the Republic of Ireland, the players selected by the coach Mehmed Baždarević moved down by two position in comparison with the last month ranking.After winning in the friendly match in Russia (1:3), Croatia progressed by one position, thus it is still the best ranked team from the Western Balkans region since it is on 18th place of FIFA rankings (958 points). Serbia is 56th (590 points), Slovenia 61st (565 points), Montenegro 85th (403 points), and Macedonia 136th (257 points).Belgium remained to be the first national team in the world (1,494 points). Among top ten are Argentina (1,455), Spain (1,370), Germany (1,347), Chile (1,273), Brazil (1,251), Portugal (1,219), Columbia (1,211), England (1,106) and Austria (1,091).(Source: photo scsport)last_img read more