by admin | Mar 9, 2018 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, eCommerce, Electronic Payments, EMV
What Happened After the EMV Chip Card Adoption? The US transition to EMV Chip based credit cards started in October of 2015. After more than 2 years, about 60% of US retailers have terminals that accept EMV chip cards. According to Visa, fraud has...
by TScholl | Feb 26, 2018 | Credit Card Fraud, Credit Card Processing, Credit Card Safety
2018 Credit Card Protection Guide Some time ago, I wrote on the Lessons from the Target Credit Card Data Breach that happened around December 2013. That was a long time ago, but the scale of that massive breach still has repercussions today. Since then, there...
by TScholl | May 12, 2017 | Credit Card Processing, Credit Card Safety, Electronic Payments, Small Business Tips
MasterCard’s Biometric Chip is a Win for Consumers. To make for a safer more secure customer transaction and hence better service, Mastercard has come up with another authentication measure as a check on fraudulent transactions. The company is set for a...
by TScholl | Dec 23, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, eCommerce, Electronic Payments
Understand and Fight eCommerce Fraud. While the ongoing shopping season presents merchants with great sales opportunities, it also raises the risk of eCommerce fraud when merchants accept electronic payments. The risk is graver since the Europay Mastercard Visa (EMV)...
by TScholl | Dec 9, 2016 | Credit Card Processing, Credit Card Safety, Electronic Payments, Industry Changes
Visa Argues Against Passwords to Protect Electronic Payments in the EU. With the rise in cybercrime and online fraud incidents, the European Banking Authority came with a proposal to protect electronic payments in August, laying down draft technical...
by TScholl | Oct 14, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Credit Cards, eCommerce, Electronic Payments, EMV
How Well Has the Durbin Amendment Worked So Far? As a shopper, when you swipe your debit card to make a purchase, the Durbin Amendment comes into play. Wondering what is the Durbin Amendment? A part of the Dodd-Frank financial reform legislation in 2010,...
