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Chip Card Shipments Top 2.3 Billion In 2017

PYMNTS

billion payment chip cards were shipped worldwide in 2017. In 2015 alone, over 2 billion chip cards were supplied — of which, 570 million were shipped to the U.S., Excluding the Americas, 56 percent of the global production of chip-based cards featured contactless technology in 2015.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

adult population — have shifted digital since March to shop for retail products, buy and eat food from restaurants, and buy food at grocery stores. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants. One hundred and ten (110) million U.S.

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Visa Releases New Chip Card Numbers

PYMNTS

Just how well is the chip card migration going? chip rollout is already having an impact on counterfeit fraud, the number one cause of in-store payment fraud today.” 2015, an average of 23,000 new merchants are becoming chip-enabled weekly. 2015, an average of 23,000 new merchants are becoming chip-enabled weekly.

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Payments 2016: The Year Of The Chip

PYMNTS

Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip. With the EMV liability shift taking effect in October 2015, the part of the merchant community in the United States that hadn’t migrated to EMV saw chargebacks for counterfeit card fraud skyrocket.

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General Mills Invests A Crisp $6M In Kale Chip Company

PYMNTS

The company most known for Cheerios, Pillsbury and Häagen-Dazs ice cream — General Mills — is turning over a new leaf to focus on healthy and trendy options, like dehydrated kale chips. partnered with after launching our strategy in late 2015.”. The company said it will focus on the greens for growing the business.

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Revolut to Add New Telecom Service

Finovate

Starting this week, Revolut will begin rolling out eSIMs, which are small, programmable chips embedded directly into a smartphone, tablet, or wearable device. As Revolut GM of Premium Products Tara Massoudi explained to CNBC, “Our ambition is very much to be the financial super app. This is really in that direction.”

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Sizzle Or Fizzle: Payday Loans, Wells Fargo, Chip Cards – And Cybersecurity

PYMNTS

The program, which was piloted in August 2015, is available to SMBs with short-term cash needs who have also been Wells Fargo customers for at least a year. Merchants and Chip Cards. IBM ), allegations of consumer harm over not being able to require the use of PINs with Chip Cards ( Walmart v. Alt Lending.