Remove Contactless Payments Remove EMV Remove Payment Security
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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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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. The chip does not affect the price of processing payments.

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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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Do Contactless Payments Pose a Greater Fraud Risk?

FICO

As new countries such as those in the Nordics embrace contactless payments, people are asking about the impact on fraud. The good news is that contactless doesn’t appear to increase fraud. First-party fraud is one of the most prevalent, growing and insidious forms of fraud in a mature EMV (chip issuance) market.

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Mastercard Will No Longer Require Signatures On Cards, Receipts

PYMNTS

Mastercard said cardholders will be able to check out faster, and consumers who use contactless payment methods won’t have to worry about providing a signature. The payments company said the innovations provide greater security and a simpler, more convenient payment experience. Based on a survey in the U.S.,

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Creditcall Announces Availability Of Contactless Card Reader

PYMNTS

Creditcall, the omnichannel Payment Gateway and EMV Kernel provider, announced the availability of the pre-certified Miura Systems M010 contactless card reader to independent software vendors (ISVs) and system integrators who can now choose from over 30 different device manufacturer and processor combinations.

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Deep Dive: Tackling mPOS Solutions’ Security Challenges

PYMNTS

There are several ways these attacks can be prevented, however, starting with EMV chip acceptance. EMV payments are more secure than those made by magstripe because cards’ stored information is uniquely encrypted whenever it is accessed. EMV and contactless payments .