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ABN AMRO and stichting Samen Veilig Ouder Worden (SVOW), a Dutch foundation that protects senior citizens against financial abuse, will work together to prevent seniors from becoming victims of financial abuse. These vulnerable people are cheated out of tens of thousands of euros a year, often by people in their immediate surroundings.
Several media reported on 20 May 2014 that the current chip on bank cards ('EMV chip') is apparently unsafe due to a leak in the system.
ABN AMRO is to equip its ATMs with Live View, a video and detection system which enables the police to view criminal activity directly through surveillance cameras. The move was announced today by Gerrit Zalm, Chairman of the Managing Board of ABN AMRO, and Ivo Opstelten, Dutch Minister of Security and Justice. Live View increases the chance of catching criminals.
