In last fall’s Labor Day survey, we wrote that the unspoken rule was to put white clothing away until Memorial Day…
Tag: EMV
Two Things Growing: Smart Card Use, and Retailer Resistance
Fall is usually viewed as harvest season, where the crops grown over summer are brought in and stored for winter.
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…
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…
Report: ATM “Skimming” Up over 500% (!)
In another sobering reminder that the conveniences of electronic banking and payments bring their own unique risks, a report is out from the FICO folks — yes, those same people who so imperfectly…
The SF Fed on Fintech: Payments, Banking, to Keep Evolving
“While fintech can also improve not just the accessibility but the quality of service—something that consumers are demanding—we also need to look out for the…
The Security vs. Freedom Debate: Payment Card Style!
“Those who sacrifice liberty for security deserve neither,” Ben Franklin once famously remarked. The question is whether the famously frugal Mr. Franklin would be happy knowing that most customers today…
Hearts to Be Celebrated This Weekend But Watch for the “Heartbreak of Hackery!”
If you’re not counting the Super Bowl, the upcoming Valentine’s Day weekend (which, by virtue of President’s Day making it a three day holiday!)…
