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Daily News, EMV, EMV migration, EMV USA, Fraud & Security, Issuing & Acquiring, Processing & Systems -

At the risk of sounding like the new Weather Channel website, can we learn anything about EMV migration from Canada? After all, they have already upgraded or replaced more than 60,000 ATMs to accommodate EMV. Has this had any impact on the level of debit fraud in Canada? While ATM EMV migration in the US will be [...]

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Daily News, EMV, EMV USA, Issuing & Acquiring, Processing & Systems, Regulation -

“The fact that we didn’t go to PIN is such a joke,” says Mike Cook, Walmart’s assistant treasurer and a senior vice president, in reference to the USA’s current EMV migration where chip and PIN or chip and signature are equally acceptable. “Signature is worthless as a form of authentication,” continues Cook, with Walmart preferring [...]

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Daily News, EMV, Issuing & Acquiring, POS Terminals, Risk & Compliance -

With a crucial deadline looming in 2015, the US payments industry will have only partially converted to the Europay-MasterCard-Visa (EMV) chip card standard by the end of that year. Indeed, it will likely take years to equip small merchants especially to accept EMV, according to a report released by Javelin Strategy & Research Card issuers [...]

The post US readiness for EMV at a low point appeared first on Payments Cards & Mobile.

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