It’s a yin/yang, up-and-down week in payment and security news. Though to be sure, the downside hasn’t been “overly” down, in terms of major breaches…
Category: EMV Chip
1 in 3 Hit By Hacks; U.S. Near Top Due to Slow EMV Adoption
A recent study by ACI Worldwide and the Aite Group has found that upwards of 30% of global consumers have been victims of some type card fraud in the past five years. Statistically then, this has happened…
Consumers Suing Lax Retailers, post-EMV. Plus: Baseball
In another sign of how the responsibility for data security — and the liability for same — is shifting, Payments Source reports that “merchants are facing consumer…
Ongoing EMV Processing Transition. Is Your Business Letting Misinformation Cloud Your Decision-Making?
In a recent blog, we asked an AVPS colleague to report on how a variety of…
Brexit Signs: How the Vote Might Affect Payment Cards
True, Britain has always kept its Pound, as far as currency, so has no “Euro” to give up. But as a country that was part of the “E” of those “EMV” standards we keep writing about…
Scam Alert Warning, Pt. I: Phony EMV “Invoices” and All-Too-Real Skimmers
Unfortunately, both this week and next, we have a couple of scams affecting merchants to warn you about, either trying to pry money out of merchants directly…
Credit Card Security and Your Vacation
Summer is the busiest travel season, but it’s also a time when credit card transaction security risk is on the rise. If you’re planning your seasonal vacation, you need to take some basic precautions…
PCI Sets New Security Standards – Gets Surprising Pushback
As the Finextra website reminds us, “merchants and other businesses globally use ‘PA-DSS Validated’ software to ensure they can safely accept payments, both in-store and online.”
EMV’s Slow Rollout — Viewed from the Hudson River Valley
Last spring, around this travel-y time of year, we had just gotten back from Europe, and reported from the land of EMV use (that’s where the “E” in those initials comes from!) about how customers were adapting to inserting their cards…
