Features, News & Blogs
The NFC Forum today announced the public availability of new versions of nine technical specifications, following approval by the Board of Directors. The organization said in a press release the new versions are intended to deliver greater …
The Shazam Network and Visa Inc. have signed an agreement that will allow issuers to use the Visa common debit application identifier for Visa- and Shazam-branded cards and transactions. The Visa common domestic AID and Visa Smart Debit Credit EMV …
Through an agreement with Visa, Co-op Financial Services will make the Visa EMV common debit solution available to its credit union clients. The long-term agreement facilitates the development of regulation-compliant debit EMV solutions using a …
Credit union-owned cooperative CU24 has entered into a licensing agreement with Visa to allow EMV card transactions to route over the CU24 network. With the Visa U.S. common application identifier in place, CU24 credit union debit cards can be …
Last month, Kenya Commercial Bank announced that it would add the MasterCard network to its existing Visa service as it migrated to EMV. Since then, customers have complained of ATM outages as the FI works to integrate the new network. ATM users …
The EMV Migration Forum has released a new version of "Standardization of Terminology," a glossary designed to encourage consistency and accuracy in communications about chip technology by payments players and the media. "Moving to chip card …
Who's swimming naked?by Daryl Cornell, CEOTriton Systems "It's only when the tide goes out that you learn who's been swimming naked," goes the famous quote by Warren Buffett. For U.S. ISOs, the tide is already heading out. If Canada's experience with EMV implementation …
U.S. EMV chip adoption is poised for exponential growth in the next year resulting from an estimated 17–20 million EMV chip cards and millions of EMV-capable ATMs and POS terminals, the EMV Migration Forum announced at its March meeting. The …
First Data and MasterCard have announced an agreement under which the First Data Star Network will employ MasterCard's common U.S. debit EMV solution. As a result of the agreement, debit card issuers will have greater choice in how they identify and …
FIS and its wholly owned subsidiary, NYCE Payments Network LLC, have entered a licensing agreement that will make the Visa EMV debit solution available to all NYCE participants. This agreement represents the first formal EMV license for NYCE. …
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