Customers all across the nation have walked into a merchant and when they went to pay with their credit card found that while an EMV chip reader was present the customer was forced to use the magnetic strip. The reader […]
We are moving slowly towards a cashless society. There will come a time when the dollar bill or the dime are only found in museums or tucked away in an attic. Being able to just use a card or even […]
There is no such thing as an unsinkable ship. Those who were on the RMS Titanic can attest to that. There are no indestructible cars or planes either. There is also nothing that is unhackable either. With the spate of […]
If you have ever gone to a sporting event or a concert you’ve probably noticed how long the concession lines are, especially at a well attended event. Some people come prepared having eaten before and maybe get nothing more than […]
Pretty much everyone reading this will have attended a sporting event or concert at some point. We can all agree that concession stand lines can be pretty long. This is caused by several factors, from the speed of the concession […]
If you are a merchant that processes orders online you have probably heard of MasterCard Secure, Verified by Visa or SafeKey from American Express. You may not have implemented them yet but these are the leading edge of what is […]
There will be a day when the POS readers that we know today will be a thing of the past. You may one day walk through the Smithsonian or even the some-day-to-be-established Museum of Credit Cards and see that POS […]
Imagine one day soon you are cooking your family’s dinner but oh no, you were out of an ingredient. The pot is already boiling and the kids are in the living room doing their homework so you can’t just get […]
It was just about 2 ½ years ago that the switch away from magnetic stripes to EMV chips began here in the US. The transition was not easy. Merchants did not want to purchase new equipment and there was a […]
The EMV chips have taken a huge bite out of credit card fraud. That is great news certainly but not all of the news is great. 2017 was the first year in which online fraud surpassed physical fraud. The EMV […]
As credit cards become more and more complex more and more things can go wrong with them. Sounds just like your car doesn’t it? The technology that goes into our EMV cards today are complex and sophisticated and everything needs […]
It was perhaps inevitable but criminals have figured out a way to beat the EMV chips. The notice was put out in April by the Secret Service and highlighted by Brian Krebs on his blog about the tactics the criminals […]