PYMNTS

OCTOBER 27, 2016

percent in 2015, outpacing the growing global card volume. The industry’s best defense against counterfeit fraud are EMV cards and the terminals needed to read their chips,” David Robertson, publisher of The Nilson Report, said in a press release. billion | The amount of gross card fraud losses worldwide that the U.S.

EMV 75

EMV Card Issuer Issuers Volume 75

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. The majority of that theft was from credit cards.

CHIPS 41

CHIPS Credit Cards Chip Cards EMV 41

FICO

APRIL 3, 2018

While adoption of the EMV payment standard in the US (as embodied in chip cards and panic at the checkout ) has been slow, fraudsters’ gravitation to card not present (CNP) fraud has been anything but. Two and a half years after the liability shift from issuers to merchants (i.e.,

Fraud Detection 85

Fraud Detection EMV Issuers Chip Cards 85

PYMNTS

JUNE 5, 2017

percent of all card-present transactions globally were handled with EMV tech — a 35.8 percent increase from the same time two years ago in 2015. and Asia demonstrated notable increases as they continued migrating card-present based payments to EMV chip technology. The new data also indicates that 52.4 percent; the U.S.

EMV 58

EMV CHIPS Card Issuer Issuers 58

FICO

MARCH 29, 2017

The number of hacked card readers at U.S. This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. The average number of cards affected by a single compromise was cut in half.

ATM 72

ATM Debit Card Compromise Point-of-Sale (POS) 72

PYMNTS

JULY 21, 2017

Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well. Fraud varies country to country, region to region.

Chip Cards 46

Chip Cards EMV CHIPS Issuers 46