{"id":127888,"date":"2017-11-01T01:53:47","date_gmt":"2017-11-01T05:53:47","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=127888"},"modified":"2017-11-01T01:53:47","modified_gmt":"2017-11-01T05:53:47","slug":"bdo-urges-account-holders-to-get-emv-chip-cards-2","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/11\/01\/bdo-urges-account-holders-to-get-emv-chip-cards-2\/","title":{"rendered":"BDO urges account holders to get EMV-chip cards"},"content":{"rendered":"<figure id=\"attachment_127889\" aria-describedby=\"caption-attachment-127889\" style=\"width: 800px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/11\/800px-BDO_Bank_in_SM_Aura_BGC.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-127889\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/11\/800px-BDO_Bank_in_SM_Aura_BGC.jpg\" alt=\"In a statement, BDO Executive Vice President and Transaction Banking head Edwin G. Reyes said the bank aims to give their account holders holistic protection against fraud. (Photo: By Hans Olav Lien - Own work, CC BY-SA 3.0)\" width=\"800\" height=\"620\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/11\/800px-BDO_Bank_in_SM_Aura_BGC.jpg 800w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/11\/800px-BDO_Bank_in_SM_Aura_BGC-300x233.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/11\/800px-BDO_Bank_in_SM_Aura_BGC-768x595.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption id=\"caption-attachment-127889\" class=\"wp-caption-text\">In a statement, BDO Executive Vice President and Transaction Banking head Edwin G. Reyes said the bank aims to give their account holders holistic protection against fraud. <a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=28143023\">(Photo: By Hans Olav Lien &#8211; Own work, CC BY-SA 3.0)<\/a><\/figcaption><\/figure>\n<p>MANILA\u2014 Sy-led Banco de Oro Unibank Inc. (BDO) is urging its account holders to apply for their EMV-chip powered debit cards to further protect them against criminals who target electronic banking activities.<\/p>\n<p>In a statement, BDO Executive Vice President and Transaction Banking head Edwin G. Reyes said the bank aims to give their account holders holistic protection against fraud.<\/p>\n<p>\u201cBut to achieve this, clients must obtain their EMV chip debit card which is now available at their branch of account free of charge,\u201d he said.<\/p>\n<p>Bangko Sentral ng Pilipinas (BSP) has given banks until June 30, 2018 to fully comply with the use of EMV-enabled automated teller machine (ATM) cards after domestic banks failed to meet the original deadline of January 1, 2017. Banks that fail to meet the deadline will be penalized.<\/p>\n<p>Despite failure of most banks to meet the January 1, 2017 EMV-compliance deadline, BSP Governor Nestor A. Espenilla Jr. earlier said some financial institutions had improved their multi-factor authentication\u00a0 (MFA) system to increase their capacity against cyber attacks.<\/p>\n<p>BDO said that aside from upgrading its ATM terminals and Point-of-Sale (PoS) terminals into EMV, the banks have to eventually deactivate all their magnetic strip-only debit cards.<\/p>\n<p>It said all its almost 4,000 ATMs nationwide have been EMV-certified in October, making BDO the first bank to fully shift its ATM network ready for EMV transactions.<\/p>\n<p>\u201cOther enhancements are targeted for completion within the first half of 2018,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 Sy-led Banco de Oro Unibank Inc. (BDO) is urging its account holders to apply for their EMV-chip powered debit &hellip;<\/p>\n","protected":false},"author":33,"featured_media":127889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[30753,30755,30754],"class_list":["post-127888","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bdo-urges-account-holders-to-get-emv-chip-cards","tag-emv-chip-powered-debit-cards","tag-sy-led-banco-de-oro-unibank-inc-bdo","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/127888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=127888"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/127888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/127889"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=127888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=127888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=127888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}