EMV

The EMV migration has caused fraud to migrate to other channels. Issuers can make consumers aware of this threat and give them a handful of steps to spot trouble.

The EMV migration has caused fraud to migrate to other channels. Issuers can make consumers aware of this threat and give them a handful of steps to spot trouble.

By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

You’d think financial institutions and retailers in the U.S., with a long list of EMV migration examples to look to in other countries, would have been prepared for fraudsters shifting their attention to e-commerce after security improved at the point of sale. But e-fraud is on the rise, so what's happening?

Now that the second holiday season has passed since the U.S. deadline for EMV migration, acquirers are taking stock of the damages that merchants incurred this year to determine the effect of the new technology.

EMV was a necessary advancement that wasn't guided by customer preference. For mobile payments and other m-commerce plays, instant consumer adoption isn't always a sign of success.

Any Costco credit card customers befuddled by the fact that they’ve got a state-of-the-art contactless-enabled EMV card in their wallet — and yet Costco itself doesn't accept EMV in stores — may soon see that disconnect end.

The use of one-time tokens has picked up steam in the past year, especially with merchant groups waiting for EMVCo to release specifications for a payment account reference.

The chip card migration took up a lot of merchants' energy over the past couple of years. As chip cards mature, merchants can and should turn to the variety of new payment options in the year ahead.

The third party wallets and mobile point of sale systems are advancing, making the next year the right time for merchants to work on strategies to improve user experience at checkout.

The company is approaching kiosks and other unstaffed payment terminals, which have lagged behind in the chip migration and in some cases are using NFC payments to bypass chips entirely.

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

ATM maker Diebold Nixdorf plans to unveil its smallest EMV-enabled payment terminal yet, a self-checkout unit that’s designed to fit into small retail spaces and supports cash, cards and contactless payments, but lacks a magnetic stripe reader, the company said in a Jan. 9 press release.

Banks such as TCF Financial and Citigroup are adding Near Field Communication to their EMV cards to address consumers' displeasure.

Prior to the October 2015 EMV chip-card liability shift in the U.S., various merchant groups expressed concerns about factors that would keep them from meeting that deadline — some of which remain beyond their control.

The EMV migration, online marketplaces and e-banking are giving crooks lots of places to commit fraud. Security strategy has to be more dynamic to keep up.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

The large scale of the U.S. payment card market prompted many issuers to keep things simple by sticking with contact-only chip cards when they finally moved to support EMV, but now certain issuers are taking a new tack by adding Near Field Communication technology to their chip-enabled cards.