“Uncertainty, doubt and confusion” is how Vantiv Head of Developer Integrations Matt Ozvat describes how merchants view EMV at the six-month mile marker. Karen Webster caught up with Ozvat to get his view on the state of play on EMV today and how that is...
The adoption of EMV in the U.S. has shown continued momentum in the six months since the official liability shift last October. Consumers are increasingly embracing the notion of dipping their card when paying in-store and both card issuers and merchants have made progress with...
This week, PYMNTS, in collaboration with Socure, released the March edition of the PYMNTS.com Digital Identity TrackerTM, featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. The Digital Identity Tracker, a forum for framing and addressing key issues...
The global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions has upgraded its specs. In a press release yesterday (March 29), EMVCo — which is collectively owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa — announced that it has updated...
If, like New York merchant Avi Kaner, you had just spent $700,000 upgrading your POS terminal for chip cards in time for the liability shift, you too might feel a bit miffed that, almost a full half-year later, those machines aren’t working because the machines...
NCR Corporation announced Monday (March 21) that its Epsilon payments application has received EMV certification from First Data. The consumer transaction technology provider said its payment service, which has supported multi-host online/offline payment processing within the retail industry since 1999, offers secure, site-based payment processing...
Mobile point-of-sale technology provider CardFlight announced on Tuesday (March 8) its integration with digital payments and FinTech firm Stripe to enable developers to accept EMV chip card payments within mobile applications. As part of the collaboration, CardFlight will make its EMV chip card-enabled mobile card...
While the importance of supporting EMV transactions may vary across industries, in certain sectors a new push toward EMV is underway to avoid a risk not many saw coming – or considered relevant. Scott Carcillo, CIO of Merchant Link, joined MPD CEO Karen Webster to...
While it’s too early to tell the impact of the U.S. EMV Chip and PIN migration, in the U.K., the 10-year anniversary report seems to be paying off for card spending. According to a new report from the U.K. Cards Association, nearly four in every...
