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What Happened After the EMV Chip Card Adoption?

by admin | Mar 9, 2018 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, eCommerce, Electronic Payments, EMV

  What Happened After the EMV Chip Card Adoption?   The US transition to EMV Chip based credit cards started in October of 2015. After more than 2 years, about 60% of US retailers have terminals that accept EMV chip cards. According to Visa, fraud has...

Watch Out For These Fraud Trends in 2017.

by TScholl | Jan 20, 2017 | Credit Card Fraud, Credit Card Processing, Electronic Payments, EMV

  Watch Out For These Fraud Trends in 2017.   Fraud can cause your business more harm than you think. From lost customer trust to financial losses, fraudulent activities can shut down your business! Some types of online fraud recur on a yearly basis....

Is Cash Payment on the Way Out?

by TScholl | Oct 21, 2016 | Electronic Payments, EMV, Industry Changes

  Is Cash Payment on the Way Out?   The digital payment drive is increasingly becoming a popular option. Does it mean the end of the world for cash payments? With the evolution of technology, there has been a seismic shift in the way businesses sell their...

How Well Has the Durbin Amendment Worked So Far?

by TScholl | Oct 14, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Credit Cards, eCommerce, Electronic Payments, EMV

  How Well Has the Durbin Amendment Worked So Far?   As a shopper, when you swipe your debit card to make a purchase, the Durbin Amendment comes into play. Wondering what is the Durbin Amendment? A part of the Dodd-Frank financial reform legislation in 2010,...

Security Flaw in EMV Credit Card Chip Revealed.

by TScholl | Aug 18, 2016 | Credit Card Safety, Credit Cards, Electronic Payments, EMV, hot news

  Security Flaw in Credit Card Chip Revealed.   The nationwide switch to EMV chip cards has been making news for quite some time. But is this EMV contactless payment card system flawless? Well, computer security researchers from NCR have come up with...

Understanding EMV Chip Card Technology.

by TScholl | Jul 1, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, EMV

  Understanding EMV Chip Card Technology.   Information security is critical to running a business successfully. Keeping customer information safe and secure is crucial for the reputation of a business. Let’s understand how Europay MasterCard and Visa (EMV)...

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