Many consumers and merchants adjusting to using newly-issued EMV credit and debit cards may undergo a perception versus reality check as Visa Inc. prepares to debut its Quick Chip for EMV program.
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, ...
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 ...
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 ...
There are now billions of EMV-enabled cards in the world, but they are not foolproof and can be made more secure through new authentication technologies. In most retailers today, customers don’t swipe ...
American diners might never need to let their cards out of their sight ever again. France was the first country in Europe to introduce EMV (Europay, Mastercard and Visa) credit card processing in 1992 ...