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

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.

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EMV Chip Cards CHIPS Process 111

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

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EMV Chip Cards CHIPS Credit Cards 100

PYMNTS

SEPTEMBER 4, 2019

Visa announced that since their inception, chip cards have reduced counterfeit fraud by 87 percent. . Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011,” the company said. Also down were overall card-present fraud rates.

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Chip Cards CHIPS EMV Debit Card 78

Payments Source

AUGUST 9, 2016

Card manufacturer Oberthur Technologies is offering issuers facing a shortage of EMV chip cards an option to receive as many as 25,000 in five days, rather than waiting the standard three to four weeks.

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EMV Chip Cards CHIPS Security 99

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

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.

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EMV Legal Chip Cards CHIPS 102

Payments Source

DECEMBER 14, 2016

The percentage of EMV transactions in the United States is miniscule compared to other parts of the world, but the migration to chip cards in the U.S. of all card transactions. is lifting the technology's global growth — now at 42.4%

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EMV Chip Cards CHIPS Transactions 97

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

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

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

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

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.

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EMV Chip Cards CHIPS Origination 100

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.

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Chip Cards CHIPS EMV Payments 60

PYMNTS

SEPTEMBER 13, 2016

In reference to fraud — the very activity that the cards are designed to thwart — Mastercard stated that fraud data shows a 54 percent decrease in counterfeit fraud costs at retailers who have either completed or are close to completing EMV transitions, as measured between April 2015 and April 2016. 1 of last year.

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EMV Visa Chip Cards CHIPS 92

PYMNTS

MAY 30, 2019

Visa said this week that as acceptance of EMV cards has gained traction in the U.S., counterfeit fraud, measured in dollars for these card present transactions, has dropped precipitously. EMV” is shorthand for Europay, Mastercard and Visa chip cards. storefronts now accept chip cards, according to the data.

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EMV Chip Cards Continuity CHIPS 79

Stax

NOVEMBER 14, 2024

EMV Smart Terminal Physical credit card processing terminals are great for businesses with brick-and-mortar locations to take in-person payments in-store. If your customers are physically coming to you and swiping (or dipping) their cards, this is the solution for you. Before the EMV shift, that risk was put on the banks.

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Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

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 76

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

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

Payments Source

SEPTEMBER 27, 2016

is trying a new gambit offset consumers' irritation with hassles surrounding the messy EMV chip-card migration—it's introducing a winsome young woman to console the masses.

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EMV Chip Cards CHIPS Consumer 88

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.

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Chip Cards EMV CHIPS Consumer 110

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.'.

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Chip Cards EMV CHIPS Visa 112

Payments Source

SEPTEMBER 13, 2016

New Orleans--As credit and debit card issuers start to see the benefits of EMV-chip card security, prepaid would seem to be the logical next step. But prepaid issuers remain unconvinced of the security benefits of EMV.

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EMV Issuers Chip Cards Security 76

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, according to EMV standards body EMVCo. billion from 2015 to a total of 6.1

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Chip Cards CHIPS EMV 60

PYMNTS

SEPTEMBER 19, 2016

As the payments industry nears the one-year anniversary of the United States’ transition to EMV, of course, it’s an opportune time to take stock of progress and what remains to be done. And that, he added, shows that merchants may have an EMV-capable PIN pad or reader but are not ready to deploy their countertop terminal in full EMV mode.

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EMV CHIPS Chip Cards Issuers 78

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 Source

JUNE 20, 2016

One of the supposed perks of EMV chip-card upgrades was that the process would enable more modern payment options such as mobile wallets. In practice, however, EMV is closing as many doors as it opens.

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EMV Chip Cards Technology CHIPS 71

Payments Source

NOVEMBER 10, 2016

Merchants without chip card readers are reporting that a few malicious customers have figured out how to game the system.

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EMV Chip Cards CHIPS 94

PYMNTS

SEPTEMBER 13, 2016

EMV adoption is well on its way one year after the introduction of chip-enabled cards, and more adopters will jump on for the ride following Mastercard’s press release on Sept. Mastercard reports that banks, consumers and merchants are all experiencing a positive impact and a drop in fraud from the use of chip cards.

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EMV Visa Chip Cards CHIPS 70

Payments Source

OCTOBER 16, 2018

Shell has launched a new mobile app called Pay & Save, designed as a frictionless complement to the EMV-chip cards it must accept at its pumps by late 2020.

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EMV Chip Cards CHIPS Rules 76

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

SEPTEMBER 30, 2016

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. The walk to the liability shift in this market last October was technically four years long, but in reality, EMV didn’t become an absolute certainty until Dec. But it’s not just EMV. EMV is not only for the big guys.

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EMV CHIPS Chip Cards Push-to-Card 82

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

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.

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Chip Cards EMV Consumer CHIPS 99

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 EMV Card Issuer 76

Payments Source

SEPTEMBER 12, 2017

While the EMV fraud liability shift for most companies passed nearly two years ago, there are still pockets of stores that haven't switched over — and they can be particularly prone to the kind of fraud chip cards are designed to thwart.

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EMV Processors Chip Cards Acquirers 71