All ATMs Will Get THIS Major Update | June 26



? 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!

Source: DeccanChronicle


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Written by

Vedant Kaushik