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Visa: EMV Rollout Continues; Counterfeit Fraud Down 76 Pct.

PYMNTS

Visa said this week that as acceptance of EMV cards has gained traction in the U.S., Total counterfeit fraud dollars decreased by 49 percent, the payments giant said. EMV” is shorthand for Europay, Mastercard and Visa chip cards. businesses began migrating to EMV, when 392,000 merchants had such acceptance in place.

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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. payments and commerce ecosystem for nearly the entirety of the last two years. Not that EMV would have cured the reason for that breach, but let’s not get bogged down with details at the start of our story.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

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. The chip does not affect the price of processing payments.

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Payments Security, With A Dash Of Humor

PYMNTS

Payments security is usually not a wellspring for belly laughs. But Vantiv Integrated Payments, which offers payments technology to small and mid-sized businesses, has been moving forward with its campaign to stir business owners to action, with sobering stats and a little humor.

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European Fraud Trends Point to Online Payments Risk

FICO

The following is a guest post from Kendrick Sands, Senior Analyst - Consumer Finance at Euromonitor , on the trends shown for European card fraud in 2015. As a share of total card payments for the researched markets in Europe, total value lost to fraud declined from.08%

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Verizon: PCI DSS Compliance Down For First Time In Six Years

PYMNTS

percent seen in 2015. One factor that comes into play when viewing the relatively lower rates of PCI compliance in the Americas is the fact that in the later region, EMV chip card payments are a relatively recent phenomenon. The headline numbers: 52.5 That latest tally is down from 55.4 percent in the Americas.

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Can Smartwatches Make ATM PINs Open To Hackers?

PYMNTS

From bitcoin ransoms to EMV security, there are few areas that are out of bounds for the clever crew. Wearable technology has been a notable trend since the launch of the Apple Watch in April of 2015, but does donning the trendy tech also put the user at risk of getting their ATM PIN hacked?

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