Remove Contactless Payments Remove EMV Remove Payment Security
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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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How Payments Security Drives Digital Transformation

PYMNTS

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Payments Security As A Digital Business Enabler. The Pace Of Business Transformation.

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Payments 2016: The Year Of The Chip

PYMNTS

Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip. The year 2016 saw a sea change in the payments landscape. This led those merchants to significantly accelerate their EMV implementation programs. Download the eBook.

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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 .