Posted on 7th Mar 2013 by Philippe Benitez
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 [...]
Posted on 24th Dec 2012 by Gemalto
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 [...]
Posted on 27th Jul 2012 by Gemalto
Athletes at the 2012 London Olympic and Paralympic Games can leave their ATM cards at home for 2012. For this one, we’re going cashless. As you probably know, the Games are always big revenue-generating events, and with that, London is poised to benefit. According to the MasterCard Global City Index, “London is the hottest city [...]
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 17th Feb 2012 by Philippe Benitez
Last week, the Gemalto team headed out to Salt Lake City, Utah for the 2012 Smart Card Alliance Payments Summit. The three-day event lived up to its name, covering all things payments such as EMV chip card payments, mobile payments and wallets, NFC, and open transit payments. The hot topic of the event? EMV’s impending [...]
Posted on 10th Feb 2012 by Gemalto
This week in Salt Lake City, the Smart Card Alliance Payment Summit saw record attendance from industry players over previous years. As a past attendee, it wasn’t surprising that attendance would be up this year – conversations around EMV in the U.S. and mobile payment are heating up. Issuers including MasterCard and Visa have both [...]
