Payments Source

JUNE 5, 2017

By the end of last year, the number of EMV chip cards in global circulation had increased by 1.3 billion from 2015 to a total of 6.1 billion, according to EMV standards body EMVCo.

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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

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

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

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 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

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

PYMNTS

AUGUST 4, 2016

A new flaw has turned up in the chip-based cards on offer in the U.S. This means fraudsters can continue to clone mag striped EMV cards and find them useful.

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CHIPS Chip Cards EMV Encryption 48

Payments Source

APRIL 13, 2016

Visa insists that EMV chip card transactions take no longer to process than magstripe transactions do, but it is aware that many consumers disagree.

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CHIPS Chip Cards EMV Transactions 94

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

PYMNTS

MAY 26, 2016

Million | The number of chip-active merchant locations as of April 30, 2016. issued, MasterCard-branded chip-enabled consumer credit cards. 39 | The percentage by which counterfeit card fraud basis points at EMV-enabled merchants dropped between January 2015 and January 2016. 1 deadline. 67 | The percentage of U.S.-issued,

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CHIPS Chip Cards EMV Visa 46

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

JUNE 16, 2016

American Express announced the launch of Quick Chip , a service designed to provide a faster route to process EMV chip card transactions at the POS. Amex Quick Chip uses a technology that is said to help merchants provide their consumers with a frictionless and faster in-store checkout experience.

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CHIPS Chip Cards EMV Processors 41

PYMNTS

FEBRUARY 23, 2018

million merchant locations now accept chip cards, covering 59 percent of the merchant population. That latest tally also includes December of last year and represents a jump of 579 percent over the beginning of the migration to EMV chip card adoption in the United States. Debit cards numbered 272.7

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CHIPS Chip Cards EMV Debit Card 46

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

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

Payments Source

AUGUST 21, 2016

The promise of faster EMV technology is a welcome reprieve for many ISOs who have grown weary of listening to merchants gripe about the snail's pace of chip card transactions. That reprieve, however, may not be so quick in coming.

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CHIPS EMV Chip Cards ISOs 72

Payments Source

JUNE 23, 2016

Discover is offering its version of Quick Chip for merchants to speed up the EMV chip card checkout process at the point of sale.

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CHIPS EMV Chip Cards Process 60

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

Payments Source

APRIL 12, 2017

is weak because there is no PIN requirement to verify chip-card transactions, a process that is standard practice in other nations. Retailers insist that the EMV migration in the U.S.

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CHIPS Chip Cards EMV Transactions 60

PYMNTS

MAY 13, 2016

A new personal chip card reader will soon hit the market with the goal of protecting consumers while shopping and banking online and ultimately preventing online fraud — at an introductory price of just $20. It’s time to start extending chip-based security to protect us online and reverse the rapid growth of fraud and identity theft.”.

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CHIPS Chip Cards Identity Theft Online and Mobile Banking 40

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

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

JULY 28, 2016

is weak because there is no PIN requirement to verify chip-card transactions, a process that is standard practice in other nations. Retailers insist that the EMV migration in the U.S.

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CHIPS Chip Cards EMV Transactions 60

PYMNTS

MAY 17, 2017

The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016.

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CHIPS Chip Cards Advisors Continuity 50

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

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

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

PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. The majority of that theft was from credit cards.

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CHIPS Credit Cards Chip Cards EMV 41