PYMNTS

SEPTEMBER 30, 2016

Nationwide, there are roughly 2 million chip-enabled businesses, and 1.3 Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. EMV is not only for the big guys.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

PYMNTS

APRIL 26, 2016

Our data has shown that cards enrolled in Visa Transaction Alerts have fewer fraudulent transactions than cards without transaction alerts. issuers must provide consumer credit, debit and reloadable prepaid Visa cardholders with an option to enroll in transaction alerts.

Risk 44

Risk Issuers Enrollments Commercial Card 44

PYMNTS

SEPTEMBER 28, 2017

Chip cards removed at least some of the gains to be had from counterfeit cards – although, according to Barnhardt, “All this fraud has to find a home. Because these are based on valid Social Security numbers, they will usually not be flagged at either the point of new account enrollment or at the transaction.

Enrollments 43

Enrollments Breach Fraud Detection Social Security 43

PYMNTS

SEPTEMBER 11, 2017

The exhausted holiday shopper didn’t hate going to the mall because she had to swipe a card to buy stuff, and the line languisher didn’t get angry because they had to use a chip card to dip and pay. Because that part works fine.

Consumer 63

Consumer P2P PayPal Online and Mobile Banking 63

PYMNTS

FEBRUARY 6, 2018

Barnhardt related that with the advent of chip cards in the United States, fraudsters have been looking for new avenues through which to continue their criminal enterprises. The data is out there now, more than ever before – and, as he said, all stakeholders need to be proactive in the battle.

Identity Theft 48

Identity Theft Social Security Addressing Consumer 48