RBI asks all Indian banks to strengthen debit, credit security measures

September 22, 2011

The Economic Times reports that in order to minimize fraud cases and ensure the security of transactions, the Reserve Bank of India yesterday asked banks to…

Dynamics' Chip and Choice wins Best of Show award at FinovateFall 2011

September 21, 2011

Dynamics Inc., a producer and manufacturer of payment cards, won the Best of Show award at FinovateFall 2011 in New York City with its Chip and Choice…

Fiserv offers personalized EMV cards, announces plans for processing solutions

September 18, 2011

Fiserv Inc. announced on Friday that it will begin personalizing chip payment cards based on the EMV standard.

Dynamics Inc. to unveil its dual chip technology at Finovate Fall 2011

September 18, 2011

Dynamics Inc., a producer and manufacturer of payment cards, will unveil its Chip and Choice Technology, which features both an embedded and exposed…

EMV deadline for U.S. ATMs...the race is on!

by Lachlan Gunn — Director, BenAlpin Ltd

MasterCard follows Visa with an announcemernt of an EMV deadline for the U.S. market - the difference is that the MasterCard announcement relates to a…

Mastercard clarifies EMV policy rumors

September 7, 2011

According to the Credit Union Times, Aite Group Analyst Julie Conroy McNelley announced yesterday that she heard from multiple sources that, effective April…

PCI DSS in Latin America: How to choose middleware

Deployers of multi-vendor POS and ATM devices have a lot to consider for compliance.  

India's ICICI Bank offers EMV cards

September 5, 2011

ICICI Bank, a private sector bank in India, yesterday announced its foray into EMV cards with the launch of the ICICI Bank Coral Credit Card. The card provides…

Heat from your fingers could compromise your PIN at an ATM

by Lachlan Gunn — Director, BenAlpin Ltd

Research has shown that residual heat from fingers can be used to compromise a PIN entered at an ATM with a plastic key pad using images taken by thermal…

EMV and me: What will change with my machine?

by Daniel Swain — VP/GM, ATMGurus

With all of the recent discussions on EMV and if/when it will hit the U.S. market, I thought it would be a good time to discuss the actual changes that occur…

Shazam offers dual-message PIN transactions and EMV card support

August 22, 2011

The Shazam EFT network has announced the creation of a dual-message PIN product, and plans to expand its support of EMV. The product will use a dual-message…

UnionPay overtakes Visa to become world’s largest card scheme

by Dominic Hirsch — manager, Retail Banking Research

The results of RBR’s latest global payment cards research provide remarkable reading. Several findings stand out, including surpassing a phenomenal eight…

Visa puts its weight behind EMV in the U.S.

by Ian Kerr — CEO, Level Four

Last week, Visa announced that it is kicking off three new initiatives to accelerate the adoption of EMV and NFC technology in the U.S. Visa is the largest…

PSCU offering EMV cards to its 680 member-owner base

August 10, 2011

The Credit Union Times reports that Public Services Credit Union is now offering its 680 member-owner credit union base new credit cards that carry both EMV…

The U.S. is moving toward EMV...at last!

by Lachlan Gunn — Director, BenAlpin Ltd

Visa announcement of "Plans to Accelerate Chip Migration and Adoption of Mobile Payments" may be the catalyst for the U.S. market to adopt EMV. 

Visa announces three initiatives to push EMV adoption in U.S.

August 8, 2011

Visa Inc. today announced its plans to push the migration to EMV contact and contactless chip technology in the United States. The credit card giant said in a…

Report: Global smart card shipments will overtake mag-stripe by 2015

by Kim Williams — Reporter, NetWorld Alliance

The U.S. is still lagging behind the rest of the world for EMV implementation.  

FIME receives Interac accreditation for dual interface cards certification

August 1, 2011

FIME, a provider of integration testing services for contact and contactless chip solutions, has become the first laboratory to receive Interac Association…

EAST publishes European fraud update

The U.S. is becoming increasingly attractive to criminals using non-EMV compliant counterfeit cards.

Citi Bank announces plans for EMV offering

July 18, 2011

Finextra reports that Citi Bank has confirmed it will roll out EMV chip cards for customers traveling abroad.