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.

Chip Cards 71

Chip Cards CHIPS Cross-Border Financial Inclusion 71

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.

EMV 154

EMV Chip Cards CHIPS Rules 154

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.

Chip Cards 60

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.

Chip Cards 60

Chip Cards CHIPS Security EMV 60

Payments Source

APRIL 3, 2018

KFC is finally converting its point of sale terminals to accept EMV chip cards, opting for a semi-integrated system to accept all payment types.

Chip Cards 60

Chip Cards CHIPS EMV Payments 60

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.

CHIPS 94

CHIPS Chip Cards EMV Transactions 94

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.

Chip Cards 60

Chip Cards CHIPS EMV 60

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.

Chip Cards 68

Chip Cards ATM CHIPS 68

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.

Chip Cards 76

Chip Cards CHIPS EMV Value Added Service 76

Payments Source

NOVEMBER 20, 2016

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

Chip Cards 94

Chip Cards CHIPS EMV ISOs 94

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.

EMV 140

EMV Chip Cards CHIPS Technology 140

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.

Chip Cards 95

Chip Cards CHIPS Authentication Mobile Payments 95

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.

Chip Cards 43

Chip Cards CHIPS EMV Volume 43

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.

EMV 110

EMV Chip Cards CHIPS Consumer 110

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?

Chip Cards 76

Chip Cards CHIPS Card Issuer EMV 76

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. payments in June were on EMV cards.

Chip Cards 46

Chip Cards CHIPS EMV Debit Card 46

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.

Chip Cards 44

Chip Cards CHIPS EMV Contactless Payments 44

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.

CHIPS 72

CHIPS EMV Chip Cards ISOs 72

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

EMV 100

EMV Chip Cards CHIPS Credit Cards 100

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.

EMV 114

EMV Security Chip Cards CHIPS 114

Payments Source

OCTOBER 25, 2016

A lack of education has slowed consumer and merchant use of chip cards. But the cards will make payments safer.

Chip Cards 110

Chip Cards EMV CHIPS Consumer 110

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.

Chip Cards 122

Chip Cards EMV CHIPS Payments 122

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 276

Payments Source

FEBRUARY 28, 2016

EMV liability shift for counterfeit card fraud went into effect, most restaurants aren't processing chip cards, and that's not changing anytime soon, according to a top executive at Heartland Payment Systems. Five months after the U.S.

EMV 111

EMV Chip Cards CHIPS Process 111

Payments Source

JUNE 28, 2016

Building on industry initiatives to ease the user experience for chip cards and increase use of contactless technology, Oberthur Technologies has developed a dual interface card in the U.S. market that combines new Visa and MasterCard specs and 'tap and go.'.

Chip Cards 112

Chip Cards EMV CHIPS Visa 112

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.

ATM 111

ATM Chip Cards CHIPS Security 111

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.

Chip Cards 92

Chip Cards EMV CHIPS Innovation 92

Payments Source

FEBRUARY 29, 2016

migration to EMV chip cards has been rough, according to U.K.-based based Creditcall, which hopes its new certification from First Data can smooth things out.

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EMV Chip Cards CHIPS Acquirers 104

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.

CHIPS 60

CHIPS EMV Chip Cards Process 60

PYMNTS

SEPTEMBER 13, 2016

One year into the shift to chip-enabled cards — for the U.S., The card giant said that, as of July of this year, 88 percent of its U.S.-based based consumer credit cards are chip cards, a tally that represents a 105 percent boost in chip card adoption since the liability shift took root on Oct.

EMV 92

EMV Visa Chip Cards CHIPS 92

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

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.

Chip Cards 40

Chip Cards CHIPS EMV Debit Card 40

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.

CHIPS 48

CHIPS Chip Cards EMV Encryption 48

Payments Source

JULY 5, 2016

Merchants are facing consumer lawsuits stemming from the introduction of EMV-chip card security at the point of sale in the U.S., exposing the issues many stores must contend with now that they are held liable for fraud and chargebacks.

EMV 102

EMV Legal Chip Cards CHIPS 102

Payments Source

MAY 23, 2016

Older consumers like chip cards better than young people, mostly based on a generational divide over security and speed rather than a predisposition to adopt new technology.

Chip Cards 99

Chip Cards EMV Consumer CHIPS 99

Payments Source

OCTOBER 6, 2016

For many restaurants that put originally put EMV on the back burner because of technical complexities and a lower general risk of counterfeit card fraud, waiting to support chip cards has proven to be the right decision.

EMV 100

EMV Chip Cards CHIPS Origination 100

Payments Source

NOVEMBER 1, 2016

While much of the focus on chip cards is rightly placed on security, there's also a relationship building factor as consumers become aware of the benefits.

Chip Cards 92

Chip Cards EMV CHIPS Security 92