EMV

Gas Pos, which markets a solution for petroleum operators to convert to EMV payment technology at the pump, has raised $1 million in funding from a Silicon Valley venture capital firm.

JPMorgan Chase & Co. has committed to roll out contactless chip cards for all new and replacement payment cards, which will likely spark a mass movement, if the experience of other global markets is any guide.

In the U.S., most banks and retailers seemed to have given up on contactless cards with the 2011 demise of the much-publicized Chase Blink brand. But the payment format is making a strong comeback in 2018.

Even consumers are fed up with passwords, which seem to do little to deter hackers, but Visa says there's still some life left in the dated authentication method.

The vast majority of card fraud in post-EMV Australia affects digital payments, a trend that has prompted government action, expedited security projects, and financial pressure on banks from retailers.

Shell has launched a new mobile app called Pay & Save, designed as a frictionless complement to the EMV-chip cards it must accept at its pumps by late 2020.

Companies using First Data's payments network through unattended kiosks and other settings can now accept EMV payments through the ID Tech hardware and Worldnet software.

Participation by all members of the global payments ecosystem is encouraged through EMVCo's work to secure card-present transactions and incorporate broader applications.

Executives from four companies—Worldnet co-founder John Clarke, Payrailz CEO Fran Duggan, CardFree CEO Jon Squire, and Sionic Mobile CEO Ron Herman— view Uber and Amazon as drivers of the shift to an "unattended" retail experience that removes human interaction from the process of making a payment.

U.S. EMV coverage has gaping holes—including smaller financial institutions that haven’t fully converted to EMV and millions of merchant locations still not accepting chip cards.

Ingenico Group has agreed to collaborate with Toshiba to expand payment types at the point of sale in grocery, pharmacy and other multi-lane environments.

The U.S. may be next to see a surge of contactless credit cards, following other major markets around the world. But it’s unclear whether enough U.S. consumers are interested in contactless payments for issuers to make the investment.

Two years after Citi launched more than 7 million contactless-enabled Costco credit cards in the U.S., Costco has finally enabled tap and pay at its U.S. stores.

In a move that could speed up the process of eliminating passwords, the EMVCo specifications body is opening its test platform for EMV 3-D Secure messaging to security providers.

PIN on Mobile (PoM) and PIN on Glass (PoG) are two of the most commonly mislabelled emerging technologies. While the two terms are treated as though interchangeable, each has differing benefits and features. They also serve merchants in a different manner, so choosing the right one for a particular business is crucial, according to David Poole, global head of mobile POS solutions for MyPinPad.

The fleet card industry is deep in the throes of change, with many truck drivers still switching from clunky paper-based payments to mobile technology with streamlined, data-laden payment apps. The next big challenge is the rise of electric vehicles, followed eventually by self-driving cars and trucks.

Mark Horwedel, the outgoing Merchant Advisory Group CEO, wasn't always on the merchants' side. Through much of the 1970s through 1990s, his career path placed him firmly in the world of bankers.

While U.S. machines migrate to EMV, there's a mix of physical security and software that can mitigate the mounting security risk, according to Mark D. Smith, director of business development for MVP Financial Equipment.

The U.K.’s Starling Bank markets itself as a digital bank that’s too modern for branches, and now it’s seeking an edge by offering a vertical payment card with all of the account details moved to the back.

The department of Transport for the West Midlands is looking at how to provide a smart ticketing system to ensure that contactless card users get the best rate on a journey.