PYMNTS

FEBRUARY 19, 2020

They seek to test every new payment type (across small and large merchants), as well as pinpoint weaknesses in firms’ fraud detection and mitigation programs. Their efforts are also widespread and nonstop, said Lerdal of the cybercriminals who band together to attack financial institutions (FIs) and their end customers.

ATM 67

ATM Point-of-Sale (POS) Fraud Detection Mitigation 67

PYMNTS

FEBRUARY 23, 2016

The wide expectation is that EMV transactions in the U.S. will evolve toward chip and PIN; debit transactions already require PIN clearance. Square, for example, agreed to cover any and all fraud costs for their customers during the time period between the liability shift and the arrival of the EMV-capable device.

EMV 41

EMV CHIPS Chip Cards Push-to-Card 41

PYMNTS

NOVEMBER 14, 2019

antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

Debit Card 70

Debit Card FTC Visa Federal Trade Commission 70