Bank Develops an Anti Skimming Device
New York, November 7, 2011- M&T Bank Corporation has recently developed a solution for the ATM skimming problem. This New York based bank recently announced the release of the blocker ATM device, an anti skimming solution that avoids ATM theft. M&T has already installed around 400 devices of its more than 2000 ATMs. The blocker is a protective device that features steel coated plates positioned around the ATM’s card reader, preventing thefts from attaching artificial readers on the machine’s fascia. More than $350,000 is lost every day because of skimming all over the world. These anti skimming devices are indeed efficient ways for banks to avoid monetary losses daily.
