Contactless payments have yet to achieve critical mass in the U.S., at only about 3 percent of transactions, according to NMI. Nick Starai, chief strategy officer at the firm, tells PYMNTS explains why the stars are aligning toward a tipping point, as use cases in...
Visa, the payments company, revealed Monday (Dec. 18) in an infographic that counterfeit fraud is down in the U.S. at merchants that are using chip-enabled cards. According to the Visa press release, counterfeit fraud at U.S. chip-enabled merchants was down 66 percent in June of...
Europe sets the pace for fashion, finance … and fraud? As EMV gains traction in the States, the chip card revolution on the Continent has already largely been completed. And the bad guys are increasingly plying the fraudulent transaction game online. TSYS offers up a few data...
25 billion and $43 trillion. That’s the annual volume of transactions logged as part of NACHA’s faster payments scheme and the value in trillions of dollars. And that was just the first of about 15 key data points about the U.S.-only ubiquitous faster payments scheme...
May 28, 2019
Contactless payments have yet to achieve critical mass in the U.S., at only about 3 percent of transactions, according to NMI. Nick Starai, chief strategy officer at the firm, tells PYMNTS explains why the stars are aligning toward a tipping point, as use cases in mass transit and retail settings gather steam.
July 21, 2017
Europe sets the pace for fashion, finance … and fraud? As EMV gains traction in the States, the chip card revolution on the Continent has already largely been completed. And the...
June 06, 2017
25 billion and $43 trillion. That’s the annual volume of transactions logged as part of NACHA’s faster payments scheme and the value in trillions of dollars. And that was just...
June 17, 2016
Visa is the first to admit that a lot of progress has been made in the U.S. EMV migration over the last seven months. Today, there are 300 million chip...
September 04, 2019
Visa announced that since their inception, chip cards have reduced counterfeit fraud by 87 percent. “Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011,” the company said. “That’s good news for everyone but fraudsters. The latest data shows that Visa […]
December 19, 2017
Visa, the payments company, revealed Monday (Dec. 18) in an infographic that counterfeit fraud is down in the U.S. at merchants that are using chip-enabled cards. According to the Visa...
December 23, 2016
Credit and debit card payments are continuing to increase in terms of usage, with the Federal Reserve finding credit and debit card payments accounted for more than two-thirds of all...
October 07, 2016
A judge is allowing small businesses to sue the major credit card companies for forcing them to adopt chip readers at the checkout counter — a case that could become...
