Remove 2015 Remove EMV Remove Point-of-Sale (POS)
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Malware Strikes Merchants Behind The EMV Curve

PYMNTS

Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems. In the world of POS threats, there has been a rise in both underground offerings, as well as new malware found in active use.

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Retail POS Market to Reach $45B in The Next Seven Years

PYMNTS

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. To help combat these efforts and meet consumers preferred payment method demands, the retail POS terminal market will need to grow to bring down harmful actions.

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Hacked ATMs Lead to 70% Rise in Debit Card Fraud

FICO

This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. I’ve been asked whether EMV transition is playing a role here. ATMs, restaurants and merchants rose 30 percent in 2016.

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A Market Overview of Payment Terminals in the USA in 2024

Clearly Payments

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS. trillion 2015 $2.9 trillion in 2023. trillion 2014 $2.7

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Theory Of Payments Evolution: EMV Will Get Better With Age

PYMNTS

Such is the case with EMV — the chip that allows customers to pay with a credit card by inserting or “dipping” it into a point-of-sale (POS) card reader instead of swiping the old mag stripe. merchants are EMV-enabled. But fraud liability isn’t all that the EMV shift has changed. Consolidation.

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FinDEVr Live: Commerce Driver from EVO Snap Helps Make the EMV Shift Quickly and Securely

Fintech Labs Insights

Making the Shift to EMV Quickly and Securely. The cost and complexity of managing EMV certification can quickly become overwhelming. Create EMV approved iOS, Windows, and Android-based Point-of-Sale (POS) applications in a snap with the Commerce Driver from EVO Snap. How EMV impacts mobile POS (mPOS).

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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. As Datablink CEO Alex Cagnoni pointed out, card cloning devices are not something new; however, with the use of a chip, the attack has become more complex but still quite effective.