"An ATM user, who was not a branch client, came up to me to thank me personally for the ATM. He needed money urgently because a member of his family was going to be admitted to the hospital for an emergency procedure. Without the ATM, he would have to travel very far in order to procure money."- Dennis Locsin President Janiuay Rural Bank, Inc.
ATM fraud has grown so rampant that many cardholders have been defrauded of the money that they keep in their ATM accounts. This criminal activity is not just happening in foreign countries, but in the Philippines, as well.
On the first day of its VISA implementation last October 24, 2013, Electronic Network Cash Tellers, Inc. (ENCASH) marked a modest milestone - dispensing withdrawal transactions for a limited number of VISA International cardh... Read more
When the Bangko Sentral ng Pilipinas (BSP) issued Circular 808 in August 2013 - a set of guidelines on information technology risk management (ITRM) that prepares financial institutions to avoid, handle and resolve instances ... Read more
Much before the Bangko Sentral ng Pilipinas required banks to be Triple Data Encryption Standard (3DES) compliant by January 2015, the Electronic Network Cash Tellers, Inc. (ENCASH) right from 2007 ensured that the entire net... Read more
Electronic Network Cash Tellers, Inc. (ENCASH) is currently exerting effort to obtain certification for new Security Standards. This includes PCI-DSS or the Payment Card Industry (PCI) Data Security Standard (DSS) that must b... Read more
Electronic Network Cash Tellers, Inc. (ENCASH) assessed the capabilities of the Retail Teller Machine (RTM) during the Rural Bankers Association of the Philippines' Convention last June 10-11, 2013 at the Hotel Sofitel Phili... Read more
As required by the various ATM Consortia, Electronic Network Cash Tellers' Inc. (ENCASH) took another step in securing its partners and cardholder ATM users by distributing ATM Pin Shields. These PIN Shields are meant to disc... Read more