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Debit / Credit News & Media

98 percent of US cards forecast to be EMV-enabled by end of 2017

September 30, 2015

By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.

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Visa reports 'progress and momentum' in EMV migration

September 17, 2015

The company reports that as of the end of August, 141.9 million chip cards had been issued in the US.

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Consumer spend on payment cards tops $20T in 2014

September 16, 2015

A global shift away from cash and checks helped drive a 15 percent year-over-year increase in spending via plastic, RBR says.

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SmartMetric touts EMV card with fingerprint reader

September 11, 2015

The card's smart chip will not work unless it matches the owner's fingerprint, making it useless if lost or stolen, the company says.

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Contactless card use rising fast in the UK

September 3, 2015

Britons spent 2.5 billion pounds ($3.8 billion) using contactless cards in first half of 2015, exceeding the contactless total for all of 2014.

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New gateway lets Ghanaians pay online with ATM cards

August 21, 2015

Previously, only MasterCard- and Visa-branded payment cards could be used for e-commerce.

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Thailand licenses China's UnionPay chip card standard

August 20, 2015

The newly signed agreement signals the first move in China's push to export the UnionPay chip card standard.

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Nearly half of smart cards shipped bound for US, China

August 7, 2015

Of 2.1 billion cards shipped, 903 million will end up in the wallets of Chinese and American cardholders, an ABI study finds.

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MasterCard invites customer input at digital security lab

July 27, 2015

The broadened mandate of the lab will encourage joint problem-solving for fraud and risk in payments, MasterCard says.

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Canadian consumers keen on credit cards

July 2, 2015

In the space of just one year, Canadians' preference for credit cards as a payment method spiked from 34 percent to 46 percent, a recent TSYS poll reveals.

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Visa confirms Collis EMV Personalization Validation Tool for US market

June 11, 2015

UL says that its confirmed Visa validation module includes global personalization requirements as well as specifications unique to Europe and the US.

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PSCU to start members' EMV debit activations with First Data in June

May 27, 2015

The company said it is the first CUSO certified to issue its members EMV-enabled debit cards for the First Data Debit Solutions platform.

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Central Bank of Oman, FSS partner to create national payment gateway

May 26, 2015

OmanNet Payment Gateway will process national debit transactions and enable merchants in the sultanate to offer e-commerce services.

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Hackers exploit Starbucks mobile payment app

May 14, 2015

The issue goes back as far as December, according to a published report.

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FIS works with industry groups on EMV migration for merchants

May 7, 2015

FIS said its Clear2Pay open test solutions played an important role in creating the U.S. EMV VAR Qualification Program.

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More than 2B chip cards ship in 2014, driven by demand in US, China

May 4, 2015

Implementation of EMV in the two countries has caused the number of cards shipped to more than double within three years.

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Alaska USA FCU, FIS partner on payment initiatives

April 24, 2015

FIS will provide ATM driving, EFT processing, card production, and a number of related services.

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FSS, Entrust Datacard to deliver instant card issuance in India

April 24, 2015

Together, the companies will offer instant, in-branch card issuance solutions to support social security and financial inclusion initiatives across the country.

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FIME aligns terminal integration services, tools to new MasterCard M-TIP 2.0 spec

April 21, 2015

Following its terminal integration process update, the company says it can now accommodate testing for contact, contactless and dual-interface scenarios.

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Instant issuance solution eases EMV bankcard transition for smaller FIs

April 16, 2015

The solution allows users to upgrade or install an EMV-compatible instant issuance program that includes card personalization, procurement, onsite printing and…

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