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 ...

It has been ten months since the October 1, 2015 deadline for credit card companies and retailers to switch to smart chip EMV credit cards in order to avoid liability for fraudulent card use and now ...

The chips embedded in newer credit cards make shopping safer, but they also slow down the process of buying things. Instead of simply swiping your card, you have to leave it in the reader, which slows ...

The FINANCIAL — Visa Inc. on September 15 introduced a new specification to use biometrics with chip card transactions. The specification can enable palm, voice, iris, or facial biometrics. This first ...

The Europay, MasterCard, Visa standard, overseen by EMVCo. and commonly known as EMV is the chip-based card technology that's been adopted in virtually every global market outside the United States.

Background on the EMV Mandate The EMV standard, introduced in the U.S. in 2011, gained urgency after Target’s 2013 data breach exposed 40 million card numbers. This breach highlighted the ...

The FINANCIAL — MasterCard signed a deal with regional card processor Paynet Group to partner in a local initiative geared towards encouraging the switch from magnetic strip to EMV cards, according to ...

Paying by card has become a standard payment method in Germany, especially since the COVID-19 pandemic. The technology behind it is about to celebrate its 30th anniversary. If you look at the gold or ...

With the U.S. migration to EMV smart card technology underway and the payments landscape evolving more rapidly than ever, major card networks have been re-examining their roles to determine how best ...

Credit card fraud is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...

SAN FRANCISCO — Visa Inc. is making major changes to its EMV merchant liability policies. Of greatest significance to convenience store retailers, effective July 22, Visa will block all U.S.