Chip And Pin news and trends

The Mobile Card Reader Market Set To Grow At CAGR Of Close To 54 Percent
Mobile // December 29, 2016

Technavio, the research firm, is forecasting the global mobile card reader market will grow at a CAGR of close to 54 percent from 2017 to 2021. According to a press release highlighting the new forecast, Technavio said the magnetic stripe technology was the most commonly used...

Home Depot Sues MasterCard, Visa Over Chip Card Security
Security & Fraud // June 16, 2016

Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot says in a new federal antitrust lawsuit. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in...

Charlie Scharf On Visa Europe, EMV Migration, Visa Checkout Evolution
VISA // May 24, 2016

JPMorgan’s annual Global Technology, Media and Telecom Conference is being held this week, and on Monday (May 23), Visa CEO Charlie Scharf got a chance to present Visa’s point of view on four very strategic aspects of its roadmap: Visa Europe, China, EMV and digital...

Walmart Sues Visa Over PINs
Consumer Authentication // May 11, 2016

In April 2015, Walmart SVP and Assistant Treasurer Mike Cook told CNNMoney that the EMV rules, as they were being implemented in the U.S., were a “joke.” Cook’s view was that giving signature and PIN equal weight in authenticating the consumer at the point of...

Interviews & Exclusives
The Millions, Billions And Trillions Of Same Day ACH

June 06, 2017
25 billion and $43 trillion. That’s the annual volume of transactions logged as part of NACHA’s faster payments scheme and the value in trillions of dollars. And that was just the first of about 15 key data points about the U.S.-only ubiquitous faster payments scheme shared by NACHA CEO Jan Estep in our latest Data Drivers.

Quick Reads
The Mobile Card Reader Market Set To Grow At CAGR Of Close To 54 Percent

December 29, 2016
Technavio, the research firm, is forecasting the global mobile card reader market will grow at a CAGR of close to 54 percent from 2017 to 2021. According to a press release highlighting the new forecast, Technavio said the magnetic stripe technology was the most commonly used technology in 2016 with more than 53 percent market share. […]

Charlie Scharf On Visa Europe, EMV Migration, Visa Checkout Evolution

May 24, 2016
JPMorgan’s annual Global Technology, Media and Telecom Conference is being held this week, and on Monday (May 23), Visa CEO Charlie Scharf got a chance to present Visa’s point of...

Walmart Sues Visa Over PINs

May 11, 2016
In April 2015, Walmart SVP and Assistant Treasurer Mike Cook told CNNMoney that the EMV rules, as they were being implemented in the U.S., were a “joke.” Cook’s view was...

Security Flaw Found In German Banks’ Retail Payment Systems

December 23, 2015
Cybersecurity researcher Karsten Nohl discovered a critical vulnerability in the retail payment systems of several German financial institutions. As Reuters reported Tuesday (Dec. 22), the security flaws revealed by Nohl...