EMV or “chip” payment cards have a microprocessor embedded in the plastic. When they’re inserted in an up-to-date terminal (or tapped or waved, as the case may be), the terminal uses the chip, not the ...

You pull up, swipe as usual, and the pump asks for a tap or an […] ...

SNAP BENEFITS WOULD BE BETTER PROTECTED FROM THEFT AND FRAUD under bipartisan legislation being introduced at the federal and state levels.

It has been ten months since the October 1, 2015 deadline for credit card companies and retailers to switch to smart chip EMV credit cards in order to avoid liability for fraudulent card use and now ...

It may not seem "futuristic" these days to dip or tap a credit card instead of swiping it, or to hold a cell phone over a payment terminal to cover your groceries. But in the U.S., you only have to go ...

Card Processing | The United States is slowly catching up to the rest of the world in transaction processing, shifting from mag-stripe to more secure EMV payment cards. As of October 2015, liability ...

Chip Cards vs. Magnetic Stripes: Is One More Likely to Fall for Scams? Think back to the last time you paid for something at a store. Did you swipe your card, or did you dip it into the terminal? The ...

Wells Fargo & Co., the U.S. bank with the most branches, is testing microchip-embedded credit cards with frequent travelers to address complaints of customers who have trouble using their cards abroad ...

Kuwait, 18 May, 2009 - Gulf Bank today announced that it has completed its migration to EMV [1] chip-enabled Debit MasterCard cards. This migration is ahead of the Central Bank of Kuwait's deadline ...

The EMV standard, introduced in the U.S. in 2011, gained urgency after Target’s 2013 data breach exposed 40 million card numbers. This breach highlighted the vulnerabilities of magnetic stripe cards, ...