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BPC Banking Technologies has introduced software designed to protect consumers from robberies at ATMs, a spokesperson for the Russia-based financial-technology vendor tells CardLine Global. The vendor's "double PIN" technology enables cardholders to change their PINs at ATMs. The cardholder would use the new PIN for most transactions at cash machines and the previous PIN in case of a robbery, the vendor says. Using the previous PIN would enable the cardholder to withdraw a small amount of cash from the machine, which then would display a message such as "Card limit exceeded" or "Sorry, the ATM has run out of cash," the vendor says. Use of the older PIN also would send an alert to police. Transactions made with the older PIN would have "distinguishing features" that would alert the machine's processor, the vendor says. Interest in the software has come from Latin America and the former Soviet republics, the spokesperson says. BPC also expects to market the product heavily to banks in the Asia-Pacific region.
