In light of the recent series of ATM skimming, the Central Bank has reiterated its message for people to be careful when making withdrawals in Automated Teller Machines (ATMs). News have been spreading the entire week that dozens of BPI customers have reported unauthorized withdrawals from their ATM accounts. Just a while ago, we also noticed that BPI has started sending out email alerts whenever there is a withdrawal made in its ATM machines. BPI has had this feature for a long time and we've been getting email alerts for online or mobile transactions (bills payment, fund transfers, etc), however this is the first time we got an alerts when making an ATM withdrawal. BPI must have auto-activated this on all ATM clients after the series of ATM skimming incidents broke in the primetime news. This additional security allows bank customers t be alerted of any ATM transactions but does not really prevent incidents of ATM skimming from happening again. Read more in our articles including "BSP gives banks until January 2017 to switch to EMV chip ATM" and "BPI starts sending withdrawal alerts after ATM skimming".
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Jan 27, 2015In light of the recent series of ATM skimming, the Central Bank has reiterated its message for people to be careful when making withdrawals in Automated Teller Machines (ATMs). News have been spreading the entire week that dozens of BPI customers have reported unauthorized withdrawals from their ATM accounts.
Just a while ago, we also noticed that BPI has started sending out email alerts whenever there is a withdrawal made in its ATM machines. BPI has had this feature for a long time and we've been getting email alerts for online or mobile transactions (bills payment, fund transfers, etc), however this is the first time we got an alerts when making an ATM withdrawal. BPI must have auto-activated this on all ATM clients after the series of ATM skimming incidents broke in the primetime news.
Our coverage of bpi atm skimming includes: "BSP gives banks until January 2017 to switch to EMV chip ATM"; "BPI starts sending withdrawal alerts after ATM skimming"; "Instagram introduces Multiple Captions for Carousel Posts". Each article provides unique insights and information.