kal logo mobile

  • Home
  • Newsletter
  • Careers
  • Contact

Another World's First - Kalignite helps reduce ATM fraud in Chile

With the help of KAL, BCI Chile (Banco de Crédito e Inversiones) has successfully eliminated some types of ATM fraud.

The world’s first deployment of a new patented technology called Magneprint from Magtek is reducing card skimming attacks on ATMs. KAL, Belltech and Magtek teamed up to provide BCI Chile with the new solution that can significantly reduce fraud.

Magneprint allows the magnetic stripe on the ATM card to be “fingerprinted”, so that if a forged card is made from the original card, it can be detected by Magneprint as a forgery. One major advantage is that the bank does not have to issue smartcards (also known as chip cards) which are an alternative way to stop card skimming attacks. When BCI initially approached their ATM hardware vendors asking them to implement this solution, they said it could not be done. Wrong. KAL provided the software that seamlessly integrates the Magneprint hardware into BCI’s existing ATM hardware.

If your vendor says “it cannot be done”, call KAL. We always deliver.

FaLang translation system by Faboba

Upcoming Events

Self-Service Banking Asia 2020, Ho Chi Minh City, September 23-24

KAL is presenting and exhibiting at this RBR event, billed as “the leading conference focused on self-service and digital banking...

Europe 2020 ATM & Payments Innovation Summit, Berlin, Oct 20-21

This ATMIA event is set to attract more than 400 payment professionals from Europe and further afield with every significant...

ATMIA Asia Pacific 2020, Sydney, December 9-10

KAL is exhibiting and presenting at this event which is focused on harnessing the full potential of the industry in...

News Archive