Project "Development of innovative system for preventing skimming" aims to create a device to prevent skimming data from debit and credit cards at ATM machines. The device subject of this paper is best explained by the principle of interrupted connections radio and data. Unlike the currently used preventive, passive and active devices, this paper aims but to prevent skimming, and to do so the device can neither write nor to transmit data for subsequent use. Benefits: As skimming people were pushing abreast of innovations to protect both producers and engineers, developers and inventors are trying their best to protect users of cards from encroachment on their personal data and property. In a global, multi-million business, the incidence of skimming is becoming greater and accordingly, such a device that would save consumers huge headaches and financial institutions would prevent large losses would limit now largely used methods of skimming. The proposed for development system is developed by company.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 15 Nov, 2018 |
| End date | 15 Nov, 2020 |
| Contract date | 15 Nov, 2018 |
Programme
Beneficiary
Financial information
| Total cost | 713,000.00 |
|---|---|
| Grant | 499,100.00 |
| Self finance | 213,900.00 |
| Total paid | 383,351.25 |
| EU participation percent | 85.0% |
Location