May 26, 2020
There are a lot of things that people have wondered but have never asked. Or maybe some things have come up as a bar conversation since you know how deep those conversations can get. Have you ever wondered how much […]
April 14, 2020
There is one last bridge to cross before the United States fully adopts EMV credit card technology and that is at the pumps. Gas stations have until October 1, 2020 to make the switch so they can avoid the liability […]
May 22, 2019
Nearly every American has an EMV card in their wallet. Three and a half years after the liability shift here in the US it seems that finally Americans have figured out how they work and have come to accept them. […]
April 9, 2019
When a chip appeared on credit cards consumers and merchants were skeptical just how that would make transactions more secure. Some people are still skeptical. Most of it comes from a lack of understanding of just how the chip works. […]
March 12, 2019
The Christmas holiday season is well behind us now but there is one major lesson that was learned during this past holiday season: contactless payment options are becoming the dominant payment method by consumers. Merchants have noticed that as well […]
December 25, 2018
In 1992 credit card fraud was rampant not only in North America but in Europe and all around the globe as well. It was costing billions of dollars, yen, pounds, francs, marks, lira, pesetas and every other currency found in […]
November 27, 2018
If you are a merchant with an e-commerce system or any system that accepts payments via a card-not-present solution you know that the holiday season is a time for rampant fraud. In many cases it will be you, the merchant, […]
November 20, 2018
You may remember the recent liability shift with merchants to accept EMV cards and how that made acceptance much more universal. That was intended to signal the end of the old magnetic strip and usher in a new era of […]
October 9, 2018
The magnetic strip is one of the most vulnerable parts of a credit card. That is at least partially why chip technology has been introduced that makes the magnetic strip a thing of the past. Unfortunately they are still present […]
September 25, 2018
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 […]
July 31, 2018
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 […]
July 24, 2018
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 […]