EMV

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2.6 billion smart payment cards shipped globally in 2018

28 May 19 @ 09:27

Smart Payment Association (SPA), the trade body of the smart payments industry, has published its 2018 annual top smart payment card shipments. Data from SPA members shows the continued year-on-year... read more

Payment Card Yearbooks: European payments continue to rise rapidly

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more

US EMV migration fails to halt rampant payment card fraud

12 Nov 18 @ 12:42

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... read more

Counterfeit fraud at US EMV-enabled merchants down 75%

04 Sep 18 @ 14:00

The major payments networks set the path for the US payments industry to begin the shift to EMV chip cards in 2011. One of the leading factors was that chip... read more

US merchants pushed to improve payments acceptance and security

25 Jun 18 @ 15:37

The results of a new survey has been released from group of payment networks and card issuers lobbying  against merchants in which the key findings are that merchants should “step... read more

Payment cards in Europe – an update from the European Payment Card Yearbooks

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

American Express eliminates signature requirements worldwide

13 Dec 17 @ 15:39

American Express announced it is eliminating the requirement for merchants to collect Card Members’ signatures for all purchase transactions at the point of sale beginning in April 2018. The move,... read more

New FIME tool qualified by EMVCo for Level 1 Testing

02 Jun 17 @ 12:23

FIME has completed its EMV Level 1 testing portfolio with the launch of EMVeriPOS. The new tool ensures that the communication between payment terminals and contact EMV chip cards is in... read more

70% of financial cards have chip – global outlook buoyant

19 May 17 @ 12:11

Adoption of more expensive chip cards continues to drive global card growth with 70% of all financial cards now having a chip, according to the International Card Manufacturers Association’s (ICMA) release... read more

US Payments Forum provides guidance on card-not-present fraud

24 Mar 17 @ 12:20

With card-not-present fraud a global concern, many countries have deployed various fraud prevention tools to help curb fraud in both online and mobile channels. In this report, the U.S. Payments... read more

The US payments landscape: EMV, card-not-present and mobile ecosystems

17 Mar 17 @ 12:35

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing... read more

Killer devices to hacked fingerprints: 17 financial crime trends for 2017

08 Mar 17 @ 15:52

If the world seemed dangerous from a financial crime perspective last year, analytics firm FICO predict an even more challenging 2017. In a new paper, four of the leaders in... read more

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Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more