PNC to update ATMs because of 'chip card'...

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Customers of PNC Bank might notice some changes soon as the bank upgrades some 9,000 ATMs. The new features are designed to improve security, according to PNC Financial Services Group (NYSE: PNC). Specifically, the software update will allow the ATMs to read the EMV – or “chip” – cards, which are harder to counterfeit than traditional magnetic stripe-only cards. Beginning Oct. 1, the fraud liability for MasterCard will shift to the ATM owner and Visa will shift the liability next year. “EMV…