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In 2016, new chip debit and credit cards were issued to consumers by major financial institutions. According to the US Payments Forum, 600 million cards… Read More »Smart Cards And Chips. How Do They Protect You?
One year has passed since EMV technology arrived in the US credit card market. Chip cards are designed to make transactions safer and they really… Read More »Though Chip Cards Are Still Slow, They Protect You From Fraud
Walmart’s senior vice president and assistant treasurer, Mike Cook, called the rollout of chip-and-signature cards “worthless”. Cook believes that the U.S. should have backed a… Read More »Will Chip-and-Signature Protect Consumers?
According to recent reports, wealthy people are three times more likely to receive EMV chipped debits and credit cards than lower income individuals. CreditCards.com suggests… Read More »Are EMV Chip Cards Only for the Wealthy?
This past October, Bank of America (BofA) took the lead on issuing Europay-MasterCard-Visa (EMV) chip enabled cards. This makes Bank of America, the first major… Read More »Bank of America Takes the Lead in EMV Chip Implementation
This is how credit card issuers have been feeling ever since the hacking by overseas crooks was discovered. Mind you, this was not an over-night… Read More »Are you ready for immerging EMV Chip Card technology?
On any given day, President Obama can catch a lot of dissension from every direction. However, his recent views and backing of EMV technology have… Read More »EMV Chip Card Technology Gets Backing From President Obama
As we speak, the United States is getting ready to undergo a major shift in how it technologically equips its credit and debit cards. EMV… Read More »What is EMV?
As the October 2015 deadline looms for card issuers to deploy EMV pin and chip cards, a major United States issuer has elected not to… Read More »EMV Pin and Chip Card Dilemma in the United States
Just what exactly is EMV you ask? Years ago we wouldn’t even need to ask that question, but with the amount of fraud, corruption, and… Read More »The EMV chip may take more than 4 years as previously planned