Thursday, Apr 5, 2012
Visa has set aim on 2013 as one of its EMV target dates. The Europay, MasterCard, Visa standard, now commonly used in place of the magnetic-stripe in most global markets, says Visa is serious about getting the U.S. payments infrastructure ready for new technology. That serious attitude was the catalyst for Visa’s creation of an EMV-adoption roadmap as well as guidelines to help issuers...Read More
Wednesday, Feb 22, 2012
Data breaches tied to credit and debit cards accounted for more than 25 percent of all breaches in 2011, according to a new report – a disturbing trend that puts the onus on banking institutions and merchants to bolster payment card security. To Read More, Click Here
Wednesday, Feb 8, 2012
As payments continue to evolve to include new devices and new channels, such as mobile and eCommerce, the roadmap takes steps to address how consumers really shop, providing them greater security and control in their payment choices and the potential to seamlessly integrate loyalty programs and offers into the purchasing experience. For the full article:  MasterCard Introduces U.S....Read More
Friday, Jan 20, 2012
The Europay , MasterCard , Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa. Visa has set aim on April 2013 and October 2015 as EMV-adoption target dates. And the card brand has created a roadmap and guidelines...Read More
Thursday, Jan 12, 2012
Adoption cannot come soon enough, frankly. To speed thins along, Visa has crafted a three-prong strategy that provides an interesting blend of carrots and sticks aimed at getting merchants to upgrade. Here’s the carrot: Effective October 1, 2012, Visa will launch its Technology Innovation Program (TIP) domestically. This will effectively waive PCI DSS requirements for merchants who can...Read More
Thursday, Oct 27, 2011
The U.S. explosion in card skimming will be the ultimate catalyst for change from mag stripe to chip and PIN technology. “I do believe that shift has begun,” says SVB’s Pradeep Moudgal. “Everyone wants to be in a much more secure environment.” For Full Article :
Monday, Oct 10, 2011
The biggest ID theft bust in history is the result of equally impressive international cooperation, observers say. On Oct. 7, the District Attorney of Queens County, N.Y., and City of New York Police announced the results of a two-year investigation that resulted in the biggest identity thief take-down in U.S. history. For Full Article:
Tuesday, Oct 4, 2011
Building on existing near-field communication, or contactless NFC, technology is a possible step in bridging the gap between magnetic-stripe credit/debit cards and the Europay, MasterCard, Visa standard for U.S. card issuers, says Randy Vanderhoof, executive director of the Smart Card Alliance. For Full Article:
Tuesday, Oct 4, 2011
U.S. Bank is joining the small-but-growing ranks of American financial institutions offering credit cards with tiny, secure microprocessing chips that are widely used overseas. But U.S. Bank’s card, aiming for maximum flexibility, uses technology that lets the card work with three different payment systems. Read more:
Thursday, Aug 25, 2011
Visa’s recent that announcement essentially paved the way for wide-scale implementation of both EMV and contactless acceptance in the US was expected in some respects (based upon its earlier announcement in February), and surprising in others. Depending on where you sit in the electronic payments ecosystem, it could be a real positive, negative, or neutral. Read more: http://paymentsvie...Read More
Friday, Aug 12, 2011
Visa has announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. “The adoption of dual-interface chip technology will help prepare the U.S. payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the...Read More
Friday, Aug 12, 2011
Citi has announced the launch of the Citi Corporate Chip and PIN card, a compliant smart card designed for U.S. corporate cardholders traveling abroad. Read More:
Tuesday, Jun 7, 2011
Large US Banks adding EMV Microchip cards to their offering is just a sign of what is to come in the industry. Wells Fargo & Co., the U.S. bank with the most branches, is testing microchip-embedded credit cards with frequent travelers to address complaints of customers who have trouble using their cards abroad. Read more:
Tuesday, Jun 7, 2011
A properly executed loyalty and rewards program can allow businesses to attract the same customers while preserving their bottom line profitability; while for smaller merchants – a Groupon type program may hurt their overall business if a slew of new (and worse yet existing) customers redeem these deep discounts offered by these online programs. Read more: More
Tuesday, Jun 7, 2011
EMV may become the metric system of payment, a process that almost everyone in the world adopts, with the U.S. stubbornly refusing. In a panel discussion on Wednesday (April 27), Target and Wal-Mart agreed that EMV Chip-and-PIN is an extremely desirable way to go. But hardly anyone has a concrete plan for making it happen in the U.S.—in a meaningful way—anytime soon. Still, both...Read More



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