Emirates Bank leads the way to safer banking by adopting a holistic security strategy and fitting all its ATMs with Fraudulent Device Inhibitors (FDI)- the latest fraud-prevention countermeasure for ATMs.
Mr. Louis Scotto, Emirates Bank General Manager- Retail Banking said, "Emirates Bank takes its clients security and safety very seriously and strives to provide its customers with safer banking. As a result Emirates Bank has taken a broad and overall view of security to protect its ATMs at every possible point of compromise. The fitting of the FDI will serve to maintain the high level of trust which consumers place in self-service by helping to combat fraud."
Emirates Bank’s decision to fit the NCR developed Fraud Detection Inhibitor, a protruding, illuminated hardware adopted worldwide which makes it difficult for criminals to attach foreign devices on or around the card reader, comes in response to the recent rise in ATM Fraud in the UAE market which was first detected by Emirates Bank back in the month of May.
Many banks in the UAE have seen criminal attempts to skim card details by attaching devices to ATMs which can then be used to read information on magnetic-stripes. At Emirates Bank’s ATMs such problems will now be combated by the FDI device. In addition to card skimming, the FDI defends against card swapping, which occurs when card-trapping devices are installed on ATMs to hold the cards in machines.
Mr. Louis Scotto, General Manager Retail Banking, Emirates Bank concluded “Our customers can rest assured that we are doing everything we can to protect their interests- and we are working together for safer banking.”
