Even if it pushes the bank past the October 2015 deadline for EMV-chip card adoption, BMO plans to stick with its magnetic-stripe cards until each one reaches its natural expiration date. Only then ...
It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing. The Seal Beach, ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. An early 1960s innovation largely credited to IBM, the ...
First, we said goodbye to the floppy disk drive. Then, the Sony Walkman was unceremoniously buried. Now, it's time to prepare a eulogy to a gadget that's been an even bigger part of the American ...
Discover how EMV technology secures transactions, its benefits over traditional systems, and its limitations in online purchases. Learn what EMV means for your safety.
Credit-card companies say yes, because the chip in the transponder enables them to create additional levels of security. I recently exchanged posts with security consultant Chris Paget on PBS Newshour ...
Chip cards are less vulnerable to skimming than magnetic stripe cards, but they aren’t completely safe. Crooks can still capture your card information from a chip card using a technique called ...
A joint effort by Barantec and Quintron has brought a new card reader/key pad unit, the Tri-Guard, that combines and transitions three technologies, keypad, magstripe and proximity, to the market. The ...
At this point in time, it's an oddity to come across someone who doesn't have a credit card. More than three-quarters of US consumers have a credit or charge card. And you probably have more than one, ...
I recently exchanged posts with security consultant Chris Paget on PBS Newshour‘s Web site (see Radio Frequency Identification Tags: Identity Theft Danger or Modern Aid?). The back and forth is long, ...