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The Straight Scoop On EMV: One Year Later

PYMNTS

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. The walk to the liability shift in this market last October was technically four years long, but in reality, EMV didn’t become an absolute certainty until Dec. But it’s not just EMV.

EMV
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Home Depot Sues MasterCard, Visa Over Chip Card Security

PYMNTS

. “Regardless of how the cardholder’s identity is confirmed, the chip makes data much more secure, rendering it almost useless to create fraudulent cards or transactions,” MasterCard spokesman Seth Eisen said in a statement on Wednesday (June 15). Home Depot’s 2014 data breach at stores in the U.S.

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At The POS Of The Future, Consumers Will Pay With Sound

PYMNTS

In 2013, Silicon Valley startup Clinkle raised $25 million in funding to build the point-of-sale (POS) system of the future using sound, but the company later changed trajectories, creating more of a Venmo-like product primarily aimed at college students. It’s as encrypted as an EMV chip card, yet can be processed in under two seconds.

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PYMNTS’ Data Dive: Strange Bedfellows Edition — Card Networks, EMV And Retail

PYMNTS

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. Home Depot – Another EMV Lawsuit Joins The Party . Because in the U.S. 05 more, on average.

EMV
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SumUp Brings its mPOS Technology to America

Fintech Labs Insights

merchants and partners such as cash register vendors to transition quickly and securely to EMV, by making payments as easy as possible for their customers,” Klein said. He pointed out that SumUp is the “platform of choice for EMV transactions in 14 countries” serving tens of thousands of merchants. As part of its U.S.

EMV
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CardFlight Scores $4 Million in Series A Funding

Fintech Labs Insights

He added that the capital would help the company build its engineering team and speed up deployment of CardFlight’s EMV-enabled payment acceptance technology in the U.S. CardFlight was the first mobile service provider to process EMV-enabled credit card payments in the U.S.

EMV
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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

For more expensive purchases, Vodafone Pay users can use their Vodafone wallet (launched in 2013), which requires a PIN. It’s been one year since EMV regulation in the United States was placed into effect. Mobile POS company CardFlight ( F13 ) released data on EMV usage in the U.S. Regulation. Happy birthday, U.S.

EMV