September 25, 2015

As of Oct. 1, retailers who do not comply with the Europay, Mastercard, Visa (EMV) security standard that relies on embedded chips in payment cards face a shift in card fraud liability.

September 22, 2015

The upcoming Oct. 1 deadline for retailers to accept EMV-compliant, chip-based payment cards or face increased fraud liability mandates that retailers read card information stored in chips.

September 21, 2015

The Retail Industry Leaders Alliance (RILA) is refuting public claims about retailers lagging behind banks and card networks in transitioning to EMV compliance.

September 21, 2015

In the 1970s, Saturday Night Live had a cast of comedians that were called the “Not Ready for Prime Time Players”. In 2015, U.S. retailers have a cast of customers that could be called the “Not Ready for EMV Payers.”

September 16, 2015

While the financial industry is supporting the use of chip-and-signature cards to meet the upcoming Oct. 1 EMV mandate, consumers are less convinced.

September 15, 2015

Retailers are extremely aware of the looming Oct. 1 deadline to securely accept payments from chip-enabled, EMV-compliant cards.

September 10, 2015

A report says that only one in five debit and credit cards are ready for the EMV shift.

August 26, 2015

Target Corp. has finished EMV conversion at the point-of-sale.

July 27, 2015

A sizeable number of businesses won’t meet the EMV transition deadline, according to a survey by Randstad Technologies.

July 7, 2015

Today, nearly half of the world’s payment cards are EMV-enabled, meaning that the cards are embedded with special computer chips that help reduce counterfeit card fraud.

June 12, 2015

The transition to accepting EMV technology will take some time and effort to complete, but it provides a golden opportunity for the U.S. payments industry to revamp old systems, strengthen the security of their payment ecosystem and pave the way for future technologies

May 15, 2015

Brian Dodge, executive VP, communications & strategic initiatives, RILA, testified at the House Financial Services Committee hearing, “Protecting Consumers: Financial Data Security in the Age of Computer Hackers,” Thursday, May 14.

May 7, 2015

EMV compliance is coming and when it hits, it will change the way payments happen across America.

April 30, 2015

The upcoming Oct. 1, 2015, mandate for U.S. retailers to adopt POS systems that can securely accept and process transactions using EMV (Europay, MasterCard, Visa)-compliant, chip-based payment cards is fast approaching. Retailers that are not in compliance with the mandate after that date will be held liable for any fraudulent transaction committed with a chip-based card. However, retailers that have not completed — or started — their compliance efforts should not necessarily panic.

April 30, 2015

Tom Lichford, VP retail technologies, NRF, recommends retailers seeking to achieve compliance with upcoming October 2015 EMV mandate take the following five steps:1. CUSTOMER EXPERIENCE: “No matter what, start with customer experience,” advised Litchford. Retailers need to determine such factors as whether they will use self-service or traditional POS, customer prompts and screen displays, and how checkout speed will be impacted.

April 29, 2015

While most observers agree there will not be widespread adoption of technology to accept payments from EMV-compliant payment cards in the U.S. by the October 2015 fraud liability shift deadline, Forrester Research is less optimistic than most.

February 26, 2015

The credit card industry is lagging behind its own deadline to get more secure microchip-enabled credit cards into consumers’ wallets by October 2015.

February 21, 2015

The White House recently hosted a daylong Summit on Cybersecurity and Consumer Protection at Stanford University. Speakers ranged from President Barack Obama to Apple CEO Tim Cook to Walgreens president Alex Gourlay). Here are a few takeaways.

February 17, 2015

Deputy Secretary Sarah Bloom Raskin, U.S. Department of Treasury, on Friday discussed next-generation retail payment technologies designed to protect the convenience and sense of trust consumers hold for what has become an increasingly digital marketplace with several industry leaders across the omnichannel supply chain at the White House Summit on Cybersecurity and Consumer Protection.

December 12, 2014

EMV is a great way to combat counterfeit cards at the point of sale (POS), but it does nothing to prevent the types of breaches seen in recent news headlines.

November 24, 2014

By: David Kidd,  Peak 10   Data privacy and security remain top concerns for retailers. There is good reason for that.  The Target breach compromised approximately 70 million records. The Home Depot breach potentially impacted another 60 million consumers. As I write this article, reports are being made public about a breach involving the office supply retailer Staples. We can no longer deny that cybercrime is a real and growing threat to the retail sector.

October 22, 2014

In Russia alone, stolen payment card information is a $680 million-per-year industry, according to Moscow-based security company Group IB. With that much money to be made, it’s no wonder cyber-attacks are so common. 

October 17, 2014

President Obama on Friday signed an Executive Order designed to reduce cyberfraud and identity theft.

October 6, 2014

After large-scale payment data breaches at Target, Sally Beauty, Michaels, Niemen Marcus and the recently confirmed breach at Home Depot, it seems that no retailer is safe from skilled hackers. The incidents also bring to light such questions as “why are payment system breaches happening more frequently?” and “how can they be stopped?”