Saturday, March 15, 2014

Windows XP deadline: All Banks Upgrading the ATM's Operating Systems.

Summary: Windows XP deadline: Banks around the world 

Consumed to meet more stringent capital rules for banks around the world , automated teller machines (ATMs) to secure a place for the old software upgrade and will miss a deadline for Microsoft to face additional costs .

U.S. software company first warned in 2007 that it plans to end support for Windows XP , but it uses a system of 2.2 million ATMs in the world , only one-third of April , a new platform , such as Windows 7 , will be upgraded to the deadline , NCR, one of the largest ATM according to the producers .

To ensure that the machines are protected against viruses and hackers, many banks have agreed to deals with Microsoft and they continue to upgrade their ATMs , but the additional costs are avoidable, and negotiations are now likely to be a distraction for the bank .

" I could not complete their immigration and custom support , that are sure to be a large Enterprise customers ," Microsoft is a spokesman for the users or to quantify the decline in earning extra income , he said .

" The cost to support what they already have, and the two will depend on the specific customer's needs , so it 's different for every customer . "

The five largest UK banks - Lloyds Banking Group , Royal Bank of Scotland , HSBC, Barclays and Santander UK - have, or are in the process of negotiating agreements with Microsoft to support the expansion.

Britain's major banks to extend each of the cost of upgrading to the new platform support and direct Athreya, the London-based head of technology , according to the advice of the financial services firm Sungard , 60 to 50 million pounds ( $ 100 million ) will be in the area of ​​consulting , a prediction corroborated by a source of one of the banks .

Athreya banks in the wake of the 2007-08 financial crisis, overwhelmed by the demands of the new control systems to upgrade and then said the last to leave .

"They come from Microsoft , especially the so -referential . , There is a change at this point in time a lot of these banks and Windows XP as they saw another change , " he said .

Windows XP currently supports about 95% of the world's ATM .

440.000 about - or a quarter of the world's ATMs - the banks operating in the United States and they are also still for a while after the expiration of the April 8 with Windows XP will be running their ATMs , Doug Johnson , vice president for risk management policy of the American Bankers Association .

" One thing in our favor, XP will be tougher battle , " said Johnson . "People over the years have benefited from the close of XP ... It has been through the wars . "

Stand in line Means that banks do not have enough people in the queue waiting to be upgraded in order to work ." There is a little bit of a bottle neck , " said Johnson .

Cards with magnetic stripes , rather than having to read the microchips as some of the banks and their ATMs are used to update an opportunity to introduce new features .

Swipe and sign of the old-fashioned magnetic stripe credit cards are still in use in the United States , in the banks and their ATMs to read chip cards to be upgraded .

Bank JP Morgan , which is 19,200 , with a goal of completion by the end of the year , in July, Windows 7 will start to change its machines . Change , JP Morgan and machines to improve data encryption to ensure more efficient and less time consuming software updates intended for the line .

A spokesman for the bank, JP Morgan, Microsoft has extended XP coverage declined to say how much .

Bank of America also ask Microsoft to extend support for the machines that are still running Windows XP .

Citigroup Inc. , which is 12,000 ATMs around the world , said that it is in the process of upgrading its machines from XP and declined to give further details .

Britain has been hit by a succession of IT problems, RBS, and for three years in return for the efforts of its 9,000 ATMs agreed a fee with Microsoft , said a source familiar with the arrangement .

RBS next year to run the Windows 7 upgrade its ATMs will start and expects to complete the process in about three years , he said. To invest in the bank's computer systems, the new chief executive Ross McEwan 1.4 billion pounds each year, part of which is bound to improve .

RBS McEwan admitted in December of decades of neglect of his technology .

Lloyds until 2016 , however, support for Microsoft to extend its 7,000 ATMs Updates writing to pay an undisclosed amount . The bank will start this year to upgrade its ATMs .

3,200 ATM HSBC, which it expects to complete next year, the three-year program of upgrades to two years . It has reached an agreement with Microsoft .

Barclays ATM 4,300 , 2,370 ATMs , which Santander UK,, which has already agreed to a deal , he said , it is still in talks with Microsoft 

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