The conversion of U.S. payment cards from the aging magnetic stripe to the Europay-MasterCard-Visa chip card standard will hardly be a seamless transition. That’s the word from a payments researcher ...
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Dynamic Card Solutions (DCS), the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue magnetic stripe, ...
It’s still very early in the U.S. smart card game, but so far chip-and-PIN authentication dominates among commercial card issuers, according to new research by First Annapolis Consulting Inc. The ...
The EMV Level 1 standard is a key global payment industry specification that defines the electrical and physical interface between credit and debit cards and the payment terminal. It defines the ...
Data security provider Foregenix is in the thick of the endless war on cybercrime. And the payments industry's biggest weapons are no deterrent to fraudsters, says Andrew Henwood, CEO of U.K.-based ...
The U.S. is one of the last major economies to adopt EMV card technology, which replaces magnetic stripe card payments with more secure Chip and PIN or Chip and Signature based transactions. With ...
On that date, the so-called liability shift kicks in. “Today, the [card] issuers are liable if there’s any counterfeit fraud on a card,” explained Stephanie Ericksen, vice president of global risk ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global EMV cards market since 2016 and the market is poised to grow by USD 803.22 million during 2020-2024. However, the growth momentum of ...
Square is trying to speed up transactions for credit and debit cards that use chip technology. Credit: matt cardy/Getty Images Square knows that chip credit cards are annoying. That's why the payment ...