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Posts Tagged ‘EMV’

How will the U.S. benefit from EMV migration? Look to Canada

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Posted on 28th Mar 2013 by

As the U.S. continues its implementation of EMV chip cards, it’s lucky to be able to look to other countries that have adopted the technology for best practices, lessons learned, and future benefits. As a Gemalto employee based in the U.S., I’ve been eagerly watching to see how our neighbor to the north, Canada, is [...]

Key dates for EMV in the U.S.

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Posted on 7th Mar 2013 by

EMV in the United States is here. Secure, chip-based EMV credit and debit cards are now the new way to pay, and magnetic stripe cards will eventually become a thing of the past. (It’s long overdue; the Central Bank of China recommended that banks stop issuing magstripe cards after 2012, and the European Central Bank has been [...]

Secure payment cards – the gift that keeps on giving

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Posted on 31st Jan 2013 by

“What do I buy the person who has everything?” is not an uncommon question whenever birthdays and celebrations come around. In this situation, I have often opted for the ever-reliable gift card, and recent research shows that I am not alone: in the UK, around 38% of the population has purchased at least one card [...]

EMV cannot come soon enough to the U.S.

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Posted on 16th Jan 2013 by

Card fraud costs people in the European Union around €1.5 billion a year, according to European law enforcement agency, Europol. The criminal market is dominated by “well-structured and globally active organized crime groups (OCGs)” perpetrating illegal transactions. This may understandably worry some of our European-based readers, yet the report also finds that “the majority of illegal [...]

Year End Wrap-Up: Our Favorite Digital Security Moments from 2012

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Posted on 24th Dec 2012 by

Happy holidays!  By now you have likely bought the gifts, sent the cards, and decorated the house.  Before we know it, 2013 will be here.  But before we look ahead to the New Year, let’s take a moment to look back over 2012.  And what a year it was!  Looking over our blogs, 2012 was [...]

Pick a Panel, Any Panel: SXSW 2013 Lets You Decide

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Posted on 17th Aug 2012 by

It’s that time again – time to decide what you want to see and hear at South by Southwest (SXSW) 2013.  Once just a local music festival here in Austin, Texas, SXSW has grown to be the biggest interactive, music and film event of the year – a must attend event on the calendar every [...]

EMV can eliminate fraud, not just shift it

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Posted on 12th Jul 2012 by

You always see us say on this blog that EMV chip technology is more secure than magnetic stripe, and prevents payment fraud and use of counterfeit cards.  Well we don’t just say it – the stats confirm it.  Since the UK has implemented EMV, fraud has dropped steadily every year, and many other countries have [...]

Timing is everything: American Express Unveils EMV Plans as Fraud Continues Migration to US

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Posted on 9th Jul 2012 by

It didn’t take a crystal ball to see the evitable: with the rest of the world migrated to more secure EMV chip technology, fraudsters would move on and seek out the weakest link to carry out banking crimes.  This weak link would be, of course, the United States – the country still using antiquated magnetic [...]

U.S. should follow Canada with EMV Dual-Interface payment cards

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Posted on 2nd Jul 2012 by

As you may remember, in 2005 U.S. card issuers launched contactless card technology that lets you pay at the point-of-sale with only a wave of your card.  Fast and easy, yes, but the cards never really took off to widespread adoption.  I’m still a big proponent of contactless technology, and the speed and convenience it [...]

Internet economics – transforming payments is key to future growth

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Posted on 12th Jun 2012 by

The internet will only get bigger and better. Or, that’s an impression you get from reading some of the reports compiled by the likes of Boston Consulting Group, McKinsey and any of the organizations looking at the impact of the Internet on our future economies. These reports are looking at the future of our economies, [...]