Traditional payments industry wisdom states that EMV is extremely effective solution for curbing down ‘card present’ (CP) fraud, but that EMV is at the same time completely ineffective in curbing ...
Merchants, in their argument for PIN rather than signature authentication for EMV chip card transactions, may have industry opinion on their side. According to an informal poll conducted this week by ...
It has been more than a year since the October 2015 fraud liability shift date and the EMV migration began in the U.S. market. Merchants, acquirers, brand networks and issuers are all involved in this ...
MasterCard International’s new OneSMART PayPass, an EMV-based smart card featuring the M/Chip, will enable customers in regions where EMV smart cards predominate, such as Europe, to gain more benefits ...
Walmart isn't the only entity with an axe to grind about how issuers are handling EMV transaction routing. Processing Content While Walmart's lawsuit against Visa this week centers on authorization ...
Next year’s scheduled changeover to chip-and-pin debit and credit cards is expected to reduce in-store fraud, while significantly increasing fraudulent purchases online, experts say. Recent ...
The payments business has had more than a year of chip card struggles. Now, a long-time observer of the payments industry argues there is a better solution for the threat of rising fraud. As 2016 ...