PYMNTS

JUNE 16, 2016

Earlier today Visa announced a handful of new moves aimed at pushing EMV chip adoption among merchants. Taken together, Visa believes the changes will help cut the EMV adoption timeline in half. Taken together, Visa believes the changes will help cut the EMV adoption timeline in half. million merchant locations.

CHIPS 41

CHIPS EMV VARS Acquirers 41

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The heightened risk to merchants and issuers is being keenly felt – someone pays when cybercrooks succeed, and it’s often the retailer. It’s not all good news.

EMV 54

EMV Data Breach Chip Cards Push-to-Card 54

PYMNTS

JUNE 6, 2019

don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. Card issuers have been slow to release contactless cards due to limited acceptance at the point of sale. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year. However, the U.S.

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Fintech Labs Insights

SEPTEMBER 28, 2015

This week’s EMV “liability shift” in the United States is expected to be a boon for mobile payments. Savvy issuers should seize on the negative publicity and confusion around EMV plastic cards and push NFC options both within the native app and on desktop and mobile websites.

EMV 29

EMV Mobile Payments Credit Union Push-to-Card 29

PYMNTS

JUNE 9, 2020

Card-not-present (CNP) transactions are increasingly eyed by fraudsters. Card-not-present (CNP) transactions are increasingly eyed by fraudsters. Mastercard’s Click to Pay solution is built on EMV standards, and it launched in the U.S. Mastercard’s Click to Pay solution is built on EMV standards, and it launched in the U.S.

Visa 56

Visa Online and Mobile Banking Push-to-Card Enrollments 56

PYMNTS

DECEMBER 21, 2018

Take the transition to EMV in the U.S., Before the liability shift in 2015, the industry-wide prediction was that the onset of EMV would reduce occurrences of counterfeit card fraud in-store, but that the industry should expect to see a spike in card-not-present (CNP) fraud as fraudsters moved to easier targets.

EMV 74

EMV Push-to-Card Fraud Prevention Rules 74

PYMNTS

MAY 22, 2019

That means riders can use any Visa credential – whether it’s a Visa contactless card , mobile device or wearable – to pay for rides (along with other retail purchases, of course). In reality, and for the time being, this effort is about contactless cards more than other payment forms, but the impact could still be significant.

Contactless Payments 68

Contactless Payments Push-to-Card Payments EMV 68

PYMNTS

DECEMBER 21, 2016

Sure, credit cards got stolen or skimmed from time to time — but such occurrences were comparatively rare. Forty million card accounts represents a lot of cardholders, and just about everyone knows someone who’s been a victim.”. There was a time when data breaches were not a daily part of consumers’ day-to-day lives. What happened?

Breach 52

Breach EMV Compromise Push-to-Card 52

PYMNTS

NOVEMBER 23, 2018

To learn more about that opportunity, and that value, and what it all means specifically for issuers, PYMNTS recently caught up with Danny Rogers, CEO of Terbium Labs , a dark web data intelligence company. In short, financial institutions that set up what amounts to an early warning system for Dark Web activity can find value in that.

Account Takeovers 73

Account Takeovers Push-to-Card Issuers Credit Cards 73

PYMNTS

OCTOBER 26, 2018

To push that goal, Mastercard — in partnership with the world’s three largest card manufacturers, Gemalto , Giesecke & Devrient and IDEMIA — has officially launched the Greener Payments Partnership to establish environmental best practices and reduce first-use PVC plastic in card manufacturing.

Visa 75

Visa Push-to-Card Best Practices Credit Cards 75

PYMNTS

AUGUST 26, 2019

Cash-out scams, he noted, used to be about harvesting thousands and perhaps even hundreds of thousands of gift and prepaid cards in a heist. Cash-out scams, he noted, used to be about harvesting thousands and perhaps even hundreds of thousands of gift and prepaid cards in a heist. Seeing the Attack Before it Happens .

ATM 82

ATM Push-to-Card Issuers Processors 82

PYMNTS

JUNE 12, 2020

Apple Preps Installment Pay Plans On Apple Card . Apple will reportedly let buyers divvy up payments in an interest-free fashion on the Apple Card, giving them the ability to pay for items like Macs and iPads in monthly installments. Capgemini Teams With BlackLine To Help Organizations Streamline F&A. late in 2019. .

Push-to-Card 52

Push-to-Card Shutdown EMV Issuers 52

PYMNTS

MAY 6, 2020

She pointed to years past, and the embrace of debit cards, as prologue. As Webster noted, consumers like their cards. There’s been a progression away from cash and toward cards, especially for low-dollar transactions in settings such as quick-service restaurants ( QSRs ).

Consumer 87

Consumer Contactless Payments Push-to-Card Returns 87

PYMNTS

DECEMBER 1, 2016

Though credit cards may have taken the top spot as the overall preferred way to pay for the first time in TSYS’ U.S. So, here’s a surprise: Consumers would pick a product ranked number one in security over one ranked number one in rewards when selecting a new card. Cash Holds Steady. Consumers still love their cash.

Consumer 77

Consumer Innovation Payments Issuers 77

PYMNTS

NOVEMBER 29, 2016

Citi has just provided its members an in-app window into the status of their replacement cards. 29), Citi credit card members in the U.S. will be able to track the progress of their replacement card delivery in real time. Customers will also be able to activate their card through the tracker. Starting today (Nov.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card Credit Cards Card Issuer 40

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Sometimes the cards are ancillary to a different criminal purpose.

Law Enforcement 43

Law Enforcement Laws Visa Push-to-Card 43

PYMNTS

OCTOBER 19, 2016

I recollect a year ago being a lot more bullish that the EMV rollout would roll out the red carpet for mobile payment adoption, and it really hasn’t played out that way,” said Tony Rose, Vantiv’s director of product management. Just as we mark the two-year anniversary of the launch of Apple Pay, the digital wallet has evolved.

Mobile Payments 79

Mobile Payments EMV Payments Breach 79

Fintech Labs Insights

JUNE 12, 2015

That is, the startup takes the information stored on multiple cards, makes it digital, and stores it on a single card. Stratos card began shipping April 2015. The card’s non-rechargeable battery lasts two years. For end consumers: the Stratos card. Stratos works with all types of cards: Credit card.

Push-to-Card 29

Push-to-Card Card Issuer Issuers Credit Cards 29

PYMNTS

DECEMBER 7, 2016

Long before American Express was a credit card issuer and a closed loop payments network, it was in the business of moving mail (and other things) quickly from one coast to the other. And it’s that push toward forward evolution that leads to this week’s big news — American Express has acquired InAuth, Inc.

Acquirers 90

Acquirers Online and Mobile Banking Zelle Push-to-Card 90

PYMNTS

JANUARY 28, 2019

Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. At that moment, all the speed and convenience of making EMV faster and activating tap-and-go at checkout goes *poof*. I say yes, because … well, what else is there to say? is nothing new.

Rules 72

Rules Push-to-Card Regulations Consumer 72

PYMNTS

FEBRUARY 18, 2019

A contrarian, so says the dictionary , is someone who feels comfortable pushing back against the status quo, inevitably associated with going against the grain. A contrarian, so says the dictionary , is someone who feels comfortable pushing back against the status quo, inevitably associated with going against the grain.

Push-to-Card 67

Push-to-Card Online and Mobile Banking Consumer Governance 67

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 82

EMV CHIPS Chip Cards Push-to-Card 82

PYMNTS

APRIL 28, 2016

“It will push everyone to think differently about the value that electronic payments needs to deliver to all stakeholders, including Visa.” “Competition is better for everyone.” – Visa CEO Charlie Scharf. A statement that sounds like exactly what you’d expect to hear from the leader of the largest payments network in the world.

Online and Mobile Banking 44

Online and Mobile Banking Push-to-Card Issuers Innovation 44

PYMNTS

OCTOBER 27, 2017

This is a sharp reversal from stats that actually showed fraud levels on the decline between Q4 2015 and Q1 2106, thanks to the implementation of EMV at the physical point of sale. And for the record, making “fraudsters” a sizzle isn’t because we think it’s a good thing to do – but, unfortunately, they have earned it.

AI 46

AI Account Takeovers Payment APIs and Integration FBI 46

PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. This week was the first week of the last full month of summer. Or a Fizzle – because it’s the last full month of summer and everyone is complaining about it being the last month of summer.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. Home Depot – Another EMV Lawsuit Joins The Party . Because in the U.S. District Court in Atlanta.

EMV 40

EMV CHIPS VARS Push-to-Card 40

PYMNTS

APRIL 26, 2016

The push to bolster online security continues to gain traction throughout the world of digital identity. The push to bolster online security continues to gain traction throughout the world of digital identity. Amtrak gets on board with digital authentication . Here’s a sneak peek: .

Authentication 41

Authentication Security EMV Fraud Prevention 41

PYMNTS

SEPTEMBER 19, 2016

Has EMV done anything useful in the year or so since the liability shift went into effect? Will anything ever excite millennials about credit cards? There were more questions than answers in the news last week. Are Hillary Clinton and Donald Trump each healthy enough to be president? Elizabeth Warren. With an asterisk or two.

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EMV Chip Cards CHIPS Push-to-Card 58