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 […]
Posts Tagged ‘USA’
Posted on 10th Jan 2013 by Gemalto in Telecom
A couple of months ago, two bloggers in the UK took on Gemalto’s Contactless Challenge: a ten-day NFC quest in which they competed against each other to see who could be the most successful in going contactless. By the end, technology blogger Jon Choo emerged victorious with 227 points, while Mobile Industry Review’s Ewan MacLeod […]
Posted on 19th Dec 2012 by Gemalto in Enterprise
If you’ve been following our recent CIO series on the Gemalto blog you may be wondering how the US fares when it comes to enterprise security. In comparison with the UK, France, Germany and the Nordics, the US establishes itself as a land of caution, influenced by the lessons learned from recent security breaches around […]
Posted on 20th Nov 2012 by Gemalto in Enterprise
If you’re an avid reader of the Gemalto blog, it won’t surprise you to learn that digital commerce and eBanking adoption has risen significantly in the past few years, across the globe, from Turkey to Brazil. So how about the US? Well last year alone, the American Bankers Association found that some 62% of US […]
Posted on 13th Nov 2012 by Gemalto in M2m
Security or convenience? It’s an age-old question in the security world. But in parts of the USA people like you or me can have easy access to both. As part of our mini-series on Digital USA, I want to take a look at automotive innovation and how digital technology is transforming the transport industry to […]
Posted on 8th Nov 2011 by Gemalto in Corporate
The Credit Union National Association recently reported that, in the month of October alone, more than 650,000 customers joined credit unions – which is roughly equal to all of the customers that moved in 2010 combined. Is this the return of the thrift bank?
Posted on 4th Nov 2011 by Philippe Benitez in Corporate
As cited in a previous blog post, The Nilson Report has released its annual fraud figures, and they are a bit unsettling. The United States now accounts for 47 percent of global card fraud even though it generates only 27 percent of the total volume of purchase transactions. Why does the US have such a disproportionate percentage of fraud?
Posted on 13th Oct 2011 by Ken Abbott in Corporate
Video interview with Jack Jania, SVP Secure Transactions in North America, discussing the push and pull factors which now guarantee EMV adoption in the US.
Posted on 16th Aug 2011 by Jack Jania in Corporate
You might recall my blog last month, “When in Rome, Have Your Card Declined,” when I lamented about the United States not following the rest of the world with EMV payment technology. Well, it looks like that is about to change. Last week, Visa announced plans to accelerate the migration to EMV chip technology and the adoption of mobile payments.
Posted on 21st Jul 2011 by Jack Jania in Corporate
For years, analysts and banking experts have been predicting that countries that move to EMV would likely see a decrease in card fraud; as a result, card fraud would migrate to areas that still maintain mag stripe technology.