by TScholl | Dec 23, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, eCommerce, Electronic Payments
Understand and Fight eCommerce Fraud. While the ongoing shopping season presents merchants with great sales opportunities, it also raises the risk of eCommerce fraud when merchants accept electronic payments. The risk is graver since the Europay Mastercard Visa (EMV)...
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,...
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...
by TScholl | Mar 18, 2016 | Credit Card Processing, Credit Card Safety, Electronic Payments
Would EMV Chip Based Cards be More Secure with PIN? According to the National Retail Federation (NRF), EMV (Europay MasterCard Visa) or the new chip-and-signature credit cards aren’t as effective without consumers using a personal identification number (PIN)....
by TScholl | Oct 2, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Industry Changes
Yes! EMV Will Cause Card Fraud to Move Online. October 2015 is going to be an important, eye-opening month for retailers. It’s the deadline for merchants to upgrade to EMV compliant card reading machines, or else they’ll be responsible for any...
