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BREAKING NEWS
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers
Ecuador’s oil production falls 51% due to national strike
Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy
“Cacerolazo” for Peace in Quito
Contecon will extend the free storage time by 40%, in support of the export sector affected by strikes

Deadline for chip cards extended for 2015

Posted On 06 Feb 2014
Deadline for chip cards extended for 2015

Deadline for chip cards extended for 2015

June 19, 2015 is the new deadline for financial institutions to issue credit and debit cards with a chip, in addition to adopting international security standards on the management of the above-mentioned devices, in accordance with a resolution of the Bank Board issued on January 10.

That date was fixed after the results of the inspections of the supervisors of  technological risk of the Superintendency of Banks and the technical analysis regarding the compliance with the measures of security in electronic channels and ATMs, “found that the implementation of the regulations has demanded great human, technical, and economic efforts for the entities…”.
Also highlights that there is a heavy dependence of the financial institutions with their suppliers of technologies to deploy smart cards.
On 26 April 2012, the Bank Board established (by resolution 2148) security measures as the delivery of smart cards that were implemented in 36 months.
These include mechanisms for monitoring and updating security hardware and software levels; protection systems against intruders to protect the ATM software; sending confidential information via e-mail; detection of attempts to alter codes; emission of alarms for the electronic channel lock; timely review by staff and others.
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Ecuador asks Mexico for a response on bananas and shrimp

Posted On 29 Jun 2022

Losses in the non-oil export sector amount to $85 million in 16 days of strike

Posted On 29 Jun 2022

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Posted On 28 Jun 2022
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