ATM-related fraud losses are increasing in the U.S., according to European ATM Security Team’s biannual fraud update. From January to May, ATM fraud losses were reported in 34 countries and territories outside the Single Euro Payments Area, where EMV is the accepted standard. Visa and MasterCard have set targets and liability-shift dates for migration to EMV, but that date is not realistic for most banks and merchants. EMV cards process payment transactions with a micro-computer chip.”]
Source: https://www.bankinfosecurity.com/us-atm-fraud-losses-jump-a-5976