MasterCard chip and PIN hits 88 percent in US, but merchant support still slim
New data from MasterCard shows that nearly all its cards in the US have chips to enable PIN-based in-store purchases, but the majority of merchants don’t support them.
New data from MasterCard shows that nearly all its cards in the US have chips to enable PIN-based in-store purchases, but the majority of merchants don’t support them.
On Friday, at the headquarters of the Consumer Financial Protection Bureau, President Obama signed an Executive Order that will add chip-and-PIN protections (EMV) to federal credit cards starting in January. The President encouraged the financial and retail sectors to follow suit.
Steve Ragan | 20 Oct | Read more
Australians will continue to be ripped off by international crime syndicates unless banks fast track the rollout of ATM chip technology, according to Queensland Police Detective Superintendent Brian Hay.
Hamish Barwick | 23 May | Read more
Global banks are yet to solve a vulnerability in the Europay, Mastercard and Visa (EMV) integrated circuit standard first rolled out in 2003, allowing hackers to place Trojan devices on point of sale hardware to harvest user and credit card information.
Hamish Barwick | 18 May | Read more
International card provider, MasterCard, has outlined a five-year plan for making its Australian network more secure through the use of card security measures, such as the Europay, MasterCard and Visa (EMV) standard.
Hamish Barwick | 29 Mar | Read more
Relief is in sight for the beleaguered U.S. Payment Card Industry (PCI). By October 2015, chances are that America will no longer have the dubious distinction of leading the world in credit card fraud.
Taylor Armerding | 23 Sep | Read more