? Cool Title, but what’s the news?
According to a memo released from the regulatory body, RBI requires all banks to upgrade the operating systems on their ATM machines in a phased manner by 2019.
? Okay, but what does it mean?
The banks will be required to install modern and more secure operating systems on their ATM machines, moving on from the existing Windows XP-based systems.
? Why should I care?
Since the widespread attacks of WannaCry on old PCs last year, organisations around the world have started exercising caution when it comes to data security. For you this would mean a better and more streamlined ATM Experience, reduced transaction errors & better security of your money!