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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What Types of EMV Chip Cards Are There?

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Visa: EMV Rollout Continues; Counterfeit Fraud Down 76 Pct.

PYMNTS

Visa said this week that as acceptance of EMV cards has gained traction in the U.S., EMV” is shorthand for Europay, Mastercard and Visa chip cards. million merchant locations now accept chip cards, which represents a 771 percent boost since U.S. storefronts now accept chip cards, according to the data.

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The Straight Scoop On EMV: One Year Later

PYMNTS

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. payments and commerce ecosystem for nearly the entirety of the last two years. Not that EMV would have cured the reason for that breach, but let’s not get bogged down with details at the start of our story.

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Visa Signs Off On Optional Signatures For EMV Merchants In North America

PYMNTS

12) in a blog post that it is making the signature an option — and no longer a requirement — for EMV chip-enabled merchants across North America. That shift, for contact or contactless payments, goes into effect April 2018. Those investments and focus, the company said, will help “define the future of payments security.”.

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EMVCo Releases EMV Secure Remote Commerce Specifications Draft

PYMNTS

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. The news comes a few months after EMVCo announced the launch of the full EMV 3-D Secure (EMV 3DS) test platform in August.

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National Business Systems VP: For Some SMBs, It’s Still Wait-And-See On EMV

PYMNTS

After nearly three years, the transition to EMV in the United States still has its challenges. Go back to the first big change in cashier technology, he told PYMNTS, and “the fact that cash registers could even accept integrated payments was a huge change,” he said. A demographic shift gives a bit of tailwind here, too, Riley said.

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Identifying What’s Next In Digital Identity

PYMNTS

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He pointed to the recent security breach at Yahoo, in which fraudsters stole login credentials, comprised of email addresses and passwords, for more than 22 million user accounts.

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