by Payment Solution Pros | May 30, 2017 | Card-Not-Present, Chip Card, Ecommerce, EMV, Fraud Prevention, M Commerce, Mobile Commerce
Card-not-present fraud is growing as EMV chip cards make it harder for fraudsters to use counterfeit credit and debit cards at the point of sale, but perceptions about the reasons for the increase may need some clarification, according to the U.S. Payments Forum....
by Payment Solution Pros | Feb 6, 2017 | Business, Card Processing, Chip Card, EMV, news, Secure Payment, Visa
The total number of Visa credit and debit cards bearing an EMV chip numbered 408.1 million at the end of December, Visa announced Thursday. That’s a 2.1% increase from the 399.9 million tally at the end of November. Of the total, 219.4 million are debit cards and...
by Payment Solution Pros | Nov 16, 2016 | Card Processing, Chip Card, Credit Card, Small Business
As the one year anniversary of the shift to chip approaches in the U.S., Mastercard today unveiled data confirming the positive impact the technology is having on issuing banks, merchants and consumers. To date, chip adoption continues to grow: As of July 2016, 88...
by Payment Solution Pros | Nov 1, 2016 | Cybersecurity, Data Security, Digital Wallets, FinTech, Mobile Wallets, smartphone
Mobile wallets check off several boxes on consumers’ payments wish list: ease, convenience and options. Yet, mobile wallets also signify new opportunities for fraudsters. As card-free commerce becomes more enticing for consumers and businesses alike, banks and mobile...
by admin | Nov 11, 2015 | biometrics, EMV, news, NFC
EMV is far from being a new technology. In fact, European countries have been using EMV chip-enabled credit cards and processing terminals for nearly 30 years. Despite all the noise around the recent liability shift deadline for merchants to become EMV compliant, this...
