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 ...

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 ...

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

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 ...

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 ...

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 ...

EMV chip cards have grown exponentially and legacy magnetic stripe cards will soon be nearly gone. Processing Content That creates a need for banks to prepare for a world without magstripe cards.

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 ...