PYMNTS

AUGUST 29, 2018

merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its latest “Visa Chip Card Update,” as many as 67 percent of storefronts in the United States now accept chip cards. Data released by Visa on Wednesday (Aug.

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Chip Cards CHIPS EMV Debit Card 46

PYMNTS

OCTOBER 17, 2016

14) it launched a chip card technology licensing cooperation with seven members of the Asian Payment Network (APN). Major switch networks in Singapore, Thailand, South Korea, Malaysia, Indonesia and the Philippines will adopt the UnionPay chip card standard in card acceptance and issuance.

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Chip Cards CHIPS Cross-Border Financial Inclusion 71

Payments Source

JUNE 15, 2016

Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

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Chip Cards CHIPS EMV Acquirers 79

PYMNTS

JUNE 8, 2016

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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Chip Cards CHIPS EMV Volume 43

Payments Source

AUGUST 4, 2016

If new research from NCR about a flaw in chip cards proves to be reproducible by fraudsters, it may undermine the core benefit of EMV security.

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Chip Cards CHIPS EMV Security 60

Payments Source

AUGUST 4, 2016

If new research from NCR about a flaw in chip cards proves to be reproducible by fraudsters, it may undermine the core benefit of EMV security.

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Chip Cards CHIPS Security EMV 60

Payments Dive

DECEMBER 2, 2019

With the October 2020 deadline for all pay-at-the-pump terminals to accept EMV chip cards looming, US gas stations are faced with a strategic revenue opportunity. Download this infographic from TNS which explores the results of a survey highlighting consumer willingness to embrace value added services at the pump.

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Chip Cards CHIPS EMV Value Added Service 99

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement. marking a twofold increase over 2014.

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Chip Cards CHIPS EMV Contactless Payments 44

Payments Source

AUGUST 12, 2020

The complexity of the migration is an opportunity to examine other elements of the payment experience, says TNS' Brian DuCharme.

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Chip Cards CHIPS EMV Payments 115

PYMNTS

JUNE 8, 2016

The latest chip card data from Visa is in. What these figures show, as of the end of April, is how well the migration to chip cards in the U.S. On the merchant side, Visa’s latest data shows that, since October 2015, an average of 23,000 new merchants are becoming chip-enabled weekly. But on the card side?

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Chip Cards CHIPS Volume Transactions 40

Payments Source

JULY 5, 2016

have to replace or upgrade their machines to accept chip cards or face liability for certain types of fraud. By October of this year, ATM owners in the U.S.

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Chip Cards ATM CHIPS 68

PYMNTS

SEPTEMBER 2, 2016

The movement to EMV and chip cards has been one of safety, but card users themselves have been disgruntled when actually using the cards.

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Chip Cards CHIPS EMV Debit Card 40

Payments Source

MARCH 15, 2021

After postponing enforcement for years, the card brands are implementing an EMV liability shift at fuel stations, which still struggle to make the upgrades necessary for chip-card acceptance.

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EMV Chip Cards CHIPS Rules 154

Payments Source

SEPTEMBER 6, 2016

As the payments industry progresses through the first stage (POS terminals) of the EMV liability shift and gets closer to the second stage (ATMs), a lingering question that can be asked is, why would any card issuer not want to get certified for EMV?

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Chip Cards CHIPS Card Issuer EMV 76

Payments Source

OCTOBER 13, 2016

With the recent release of new operating systems for both iPhone and Mac, Apple Pay is available on desktops, marking the continued expansion of Apple’s mobile payments platform. Now, users can click the Apple Pay option on desktop sites and authenticate purchases using mobile devices.

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Chip Cards CHIPS Authentication Mobile Payments 95

The Paypers

AUGUST 5, 2016

(The Paypers) Mastercard has announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since 2015.

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Chip Cards CHIPS Credit Cards Consumer 31

PYMNTS

MAY 30, 2019

The latest stats show that the continued upgrade to chip card acceptance – which began in 2015 – has led to a decrease in counterfeit fraud dollars on the order of 76 percent, as measured in December of 2018 vs. September of 2015. EMV” is shorthand for Europay, Mastercard and Visa chip cards.

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EMV Chip Cards Continuity CHIPS 79

The Paypers

MAY 5, 2016

(The Paypers) The State Bank of Vietnam has instructed banks to convert all magnetic cards into chip cards to prevent fraud.

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Chip Cards CHIPS 28

The Paypers

OCTOBER 26, 2016

(The Paypers) ID TECH has partnered with Datacap Systems to provide EMV chip-card acceptance to retailers, mobile, and cloud-based merchants.

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Chip Cards CHIPS EMV 28

Payments Source

NOVEMBER 20, 2016

The EMV migration has been sluggish, but it's a vital part of protecting cardholders.

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Chip Cards CHIPS EMV ISOs 94

The Paypers

MAY 13, 2016

(The Paypers) Chip Shield has announced the launch of a chip card reader to protect consumers while shopping and banking online.

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Chip Cards CHIPS Consumer 28

PYMNTS

MAY 13, 2016

Merchants and Chip Cards. Last month, both Visa and MasterCard released new specs that enable a “swipe-like” consumer experience such that consumers can insert and remove their chip cards without having to wait for the transaction to be completed. Across the pond, however, it remains a rather different story.

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Chip Cards CHIPS Cybersecurity Caps 40

Payments Source

APRIL 21, 2020

The coronavirus pandemic has added a troubling twist to the already difficult process of converting fuel pumps to accept EMV chip cards and communicate with the stations' point-of-sale terminals.

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EMV Chip Cards CHIPS Process 90

PYMNTS

FEBRUARY 13, 2019

Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to September of 2015. More than 3.1 More than 3.1

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EMV Chip Cards CHIPS Credit Cards 100

Payments Source

MAY 18, 2020

In line with the other major card brands, Mastercard is extending its EMV liability shift at gas pumps to April 2021. It is also launching a data-driven fraud protection tool for fuel merchants who have not completed their upgrade to chip-card EMV pumps.

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EMV Visa Chip Cards CHIPS 93

Payments Source

OCTOBER 2, 2019

Recent reports that counterfeit card fraud is markedly down in the U.S. since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one.

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Chip Cards EMV CHIPS Payments 122

PYMNTS

MAY 26, 2016

Million | The number of chip-active merchant locations as of April 30, 2016. The latest stats released by MasterCard give more optimism about the U.S. EMV adoption rate by merchants and issuers. And for today’s Daily Data Dive 5-in-1, PYMNTS has broken those stats down: 1.2 1 deadline. 67 | The percentage of U.S.

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CHIPS Chip Cards EMV Visa 46

Payments Source

MARCH 17, 2016

Consumers who have been issued EMV chip cards know how to use them. So it might come as a surprise when merchants equipped with chip card readers instruct their customers to swipe their cards instead.

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EMV Chip Cards CHIPS Consumer 110

Payments Source

JANUARY 30, 2017

The chip card migration took up a lot of merchants' energy over the past couple of years. As chip cards mature, merchants can and should turn to the variety of new payment options in the year ahead.

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Chip Cards EMV CHIPS Innovation 92

Payments Source

NOVEMBER 21, 2016

A full year into the EMV migration, crooks are expected to be even more aggressive about attacking soft spots in online and mobile transactions.

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Chip Cards CHIPS EMV Transactions 62

Payments Source

OCTOBER 2, 2016

EMV chip cards have delivered on their promise to halt counterfeit fraud at the physical point of sale. But for a technology developed long before the invention of e-commerce, mobile wallets and the word "omnichannel," delivering on its promise still feels like falling short.

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EMV Chip Cards CHIPS Technology 140

Payments Source

APRIL 12, 2017

has made instant card issuance available through a technology integration with CPI Card Group. WesBanco Bank in Wheeling, W.Va.,

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Chip Cards CHIPS Technology 60

VISTA InfoSec

MAY 12, 2024

Don’t Allow Swiped Transactions You may want to avoid processing older magnetic stripe cards in favor of Near Field Communication (NFC) and EMV chip cards. This will help ensure that the solutions you use contain the features that are most needed to ward off unauthorized access to payment data.

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PCI DSS Security Compromise Best Practices 277

PYMNTS

AUGUST 4, 2016

A new flaw has turned up in the chip-based cards on offer in the U.S.

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CHIPS Chip Cards EMV Encryption 48

Payments Source

SEPTEMBER 12, 2018

EMV coverage has gaping holes—including smaller financial institutions that haven’t fully converted to EMV and millions of merchant locations still not accepting chip cards.

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EMV Chip Cards CHIPS Rules 83

Payments Source

APRIL 19, 2017

Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete. Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent.

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ATM Chip Cards CHIPS Security 111

Payments Source

NOVEMBER 14, 2016

There are security gaps in chip cards that are vulnerable to new types of skimming. Biometrics can help solve this problem, and will also prove handy as EMV cards migrate to smartphones.

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EMV Security Chip Cards CHIPS 114