May 9 – Entrust Datacard has announced that many of its U.S. instant issuance customers are migrating over to an EMV instant issuance program. As a result, over 10.6 million chip cards have been issued in the U.S. in the past 12 months utilizing Entrust Datacard instant issuance solutions. And, that number is projected to rise as more banks deploy instant issuance as part of their overall branch transformation and EMV compliance roll out.
Search Results: EMV
May 9 – The payments industry is now six months into the migration to EMV for merchants, and the transition has been slow — literally. Half a year in, both merchants and consumers have expressed frustration with chip card transactions, which can take up to 15 seconds or more, according to a number of reports from merchants and media outlets. Cayan has announced that with the ChipIQ™ technology built into its Genius® platform, merchants are already achieving EMV processing times of just 3.66 seconds.
May 3 – Cardtek, a leading software developer for financial transactions and provider of EMV migration solutions, has announced the successful completion of its certification process for EMV Contact and Contactless Level 2 Kernel Library through its ChipXpert solution. The certification, which is critical to enable terminal vendors for smooth migration for EMV and Mobile payment transactions, easily adapts to different types of terminals such as tablets, parking devices, outdoor payment terminals, transit validator and retail terminals, thanks to its flexible architecture. For EMV cardholders, the product provides secure and convenient transaction in retailers, transit locations, self-service terminals and other EMV-enabled locations.
May 2 – FIS, a global leader in financial services technology, has announced that its EMV Contact and Contactless Terminal Integration Test Solutions have been accredited by four major payment brands.
April 29 – FIS, a global leader in financial services technology, has announced that its EMV Contact and Contactless Terminal Integration Test Solutions have been accredited by four major payment brands.
April 25 – Technavio’s latest EMV (Europay, MasterCard and Visa) POS terminal market in the US report highlights three key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
April 25 – Visa Inc. has announced the launch of Quick Chip for EMV, a technology enhancement that optimizes EMV1 chip card processing and speeds up transaction times.
April 25 – Forter, a provider of fraud prevention systems, has released the latest edition of its Global Fraud Attack Index. The publication reflects the full range of data from 2015.
April 4 – For those deployers who are just getting their EMV migration process underway — or have it under way already, but could still use some additional information about implementation — ATM Marketplace has released the new guide, “EMV at the ATM: The race to compliance.”
April 1 – PYMNTS.com, the source for “what’s next” in payments and commerce, has announced that Socure will now be powering the PYMNTS.com Digital Identity Tracker. The onset of the Europay, MasterCard and Visa (EMV) chip technology standard is one of the top trends in the market. This month’s Tracker details that online fraud has seen an 80-100% increase, according to a Trustdev survey of consumer behavior after the EMV shift.