PYMNTS

OCTOBER 26, 2016

But while merchants have now had more than a year to adjust to the new technology, retailers still lag behind when it comes to chip card adoption, causing frustration and confusion for consumers, even with chip-based cards decreasing counterfeit fraud by 60 percent, according to Mastercard. About The Tracker.

EMV

PYMNTS

DECEMBER 8, 2017

Chip-enabled transactions: Still seeing a steady march of acceptance in the United States. EMVCo says that 59 percent of card transactions are done through EMV chip cards globally. Stolen information included names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers.

Data Security

PYMNTS

SEPTEMBER 28, 2017

But in the world of identification fraud, there’s a greater sea change afoot, one that stretches farther than the impact on any one firm, or even the millions of adults targeted in the most brazen of breaches. billion in credit card charge-offs in the next year alone. of individuals, according to Barnhardt.

Enrollments

Stax

FEBRUARY 28, 2024

Businesses need to streamline the entire payment process by offering customers a payment setup that’s fast and convenient for credit card transactions. At the same time, you need to address security concerns since you’ll be handling sensitive client information. Previously you would swipe your magstripe card in a payment terminal.

Payments

PYMNTS

JANUARY 20, 2017

The only indication that the page isn’t legitimate is the browser’s address bar on the page has a URL preceded by the prefix “data:text/html.” If cyber thieves are good at anything, it’s being able to use both technology and stolen payment card data to defraud retailers around the world at an increasingly alarming rate.

Phishing

PYMNTS

AUGUST 5, 2016

So, we all know this – chip cards were not going to fix the problem of fraud at the POS. And NCR researchers at the Black Hat conference this week confirmed that story when they presented a way for the bad guys to commit fraud using chip cards. Depends on who you ask. Unencrypted POS Data.

Bitcoin

PYMNTS

JUNE 19, 2016

Home Depot’s 2014 data breach at stores in the U.S. and Canada affected 56 million debit and credit cards, far more than the attack on Target customers. Hackers also stole 53 million email addresses from Home Depot customers. Master Card And Visa Simplify Retailer EMV Transition.

EMV

PYMNTS

FEBRUARY 6, 2018

Perhaps the last and best hope in the battle against ID fraud – the kind that brings ruin to credit reports and billions of dollars in losses to card companies and merchants. Typically, in the past, he said, the bad guys would change the address so the victim would not be tipped off that someone had made off with their identity.

Identity Theft

PYMNTS

MAY 23, 2016

MCX suffered the dual headline hit of forcing some of its merchants to essentially unplug their Apple (and Android) Pay-compliant NFC terminals, while, at the same time, suffering a minor data breach. Durbin sent to the the chip card consortium EMVCo, whose member companies are American Express, Discover, JCB, MasterCard, UnionPay and Visa.

EMV