Posted on 28th Mar 2013 by Philippe Benitez
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 [...]
Posted on 16th Jan 2013 by Jack Jania
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 [...]
Posted on 27th Nov 2012 by Neville Pattinson
It’s no secret that fraud, waste and abuse is running rampant within the US Medicare system. It’s a serious problem no matter how you look at it, but especially in light of the debt situation this country is currently facing. Happily, there are solutions to impede Medicare fraud which would save US taxpayers billions of [...]
Posted on 1st Oct 2012 by Gemalto
The move towards a trusted Internet identity ecosystem is getting closer: The National Institute of Standards and Technology (NIST) has awarded $9 million to five pilot programs for the National Strategy for Trusted Identities in Cyberspace (NSTIC) initiative. According to NIST, the pilots will include new solutions, models, and/or frameworks for healthcare, online media, retail, [...]
Posted on 12th Jul 2012 by Gemalto
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 [...]
Posted on 9th Jul 2012 by Jack Jania
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 [...]
Posted on 12th Jun 2012 by Paul Beverly
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, [...]
Posted on 17th Apr 2012 by Jack Jania
It used to be that the stereotypical U.S. tourist was the one wearing the white sneakers, shorts, and a fanny pack. Oh, and don’t forget the giant camera. Today, you can recognize them in other parts of the world as the folks trying to pay with the antiquated magnetic stripe cards instead of the more [...]
Posted on 3rd Apr 2012 by Jack Jania
In what is undoubtedly one of the biggest stories to hit the payments industry so far this year, Global Payments has confirmed that it was the victim of a data breach in January and February which compromised the security of millions of credit card details. As reported by Brian Krebs on Friday, the breach affects [...]
Posted on 19th Mar 2012 by Paul Beverly
The rapid change in the way people interact with brands is exciting. It gives the customer complete choice in how they engage with brands. However, as more personal data is shared companies must also protect customers from the increased risk of identity theft, which struck high profile brands with a vengeance in 2011.
