U.S. financial companies may be overestimating the technical hurdles of adopting the EMV Integrated Circuit Card Specifications, according to payments executives. Much of the world has already moved ...
Against a backdrop of knotty problems besetting the U.S. introduction of EMV, a financial-services standards body is investigating the potential for a set of non-proprietary chip card rules for EMV ...
Starting Oct. 1, a new standard in credit card technologies goes into effect. — -- Chip-enabled credit cards will now become the standard for consumers and business owners. Banks and credit ...
The U.S. migration to the EMV secure chip-card standard has been so slow that some have compared it to the country's adoption of the metric system. But after years of delays, the mobile-wallet craze ...
MasterCard, one of the three payment giants who developed the chip-integrated EMV standard (along with Europay and Visa), said Thursday that 67% of its U.S.-issued credit cards now feature the chips.
MasterCard announced Thursday that it is collaborating with payments networks, acquirers and processors to develop a standard to accelerate shopper transactions across the 1.4 million U.S. merchant ...
The fleet and mobility payments industry is undergoing a significant transformation driven by technological advancements and the collaboration of major payment providers like Mastercard and Visa. This ...
If you've recently traveled to Europe, or if you live in a popular tourist area in the United States, you may have noticed a new kind of credit card terminal at checkout counters. These devices ...
A senior executive from Visa Inc. this week dismissed concerns over the manner in which the Europay MasterCard Visa (EMV) chip card standard is being implemented in the U.S. and insisted the move will ...
The surprising revelation by J.C. Penney Co. Inc. over the weekend that it had ceased acceptance of contactless payments unmasked the little-noticed ability of contactless mobile wallets to work with ...
As of October 1, U.S. shoppers will have been under the payment card industry mandate called “EMV” for one year. By all accounts, it has not been an easy ride. Lawsuits, delays, unwarranted ...
This week a management consulting company called The Strawhecker Group (TSG) released the results of a study that found that only 37 percent of US retailers were ready to process chip-embedded credit ...