And, if the ATM or point-of-sale device criminals use to steal money from is not EMV compliant, the owner of the non-EMV device can be held liable for the loss incurred. This is because EMV enabled ...

Next up for the big chip switch: ATMs. ATM owners, like merchants before them, face deadlines to change to fraud-fighting, chip-reading cards that meet the international EMV standards. Unlike ...

BONUS CONTENT: EMV at the ATM 10/27/2015 NATIONAL REPORT — For convenience store operators who own ATMs, the next EMV (Europay, Mastercard and Visa) liability shift deadline is coming Oct. 1, 2016.

Banks began mass mailings of debit cards later. As of mid-2017, debit cards with chips finally gained the majority. It has taken time for retailers to get on board with EMV chip debit card processing.

Over 2.3 million U.S. merchants, or about 50% of domestic storefronts, now accept chip cards, a whopping 473% increase since the beginning of the EMV migration in the U.S. Chip payment volume ...

The vulnerability of magnetic stripe credit card information being stolen was dramatically brought to the public’s attention in 2013 when Target was hacked, losing credit and debit card ...

At that point, the dip card reader will clamp down (i.e., hold on to the card) for the duration of the transaction. Customers will then need to be notified when to remove their card. Switching to EMV ...

Because of that lack of protection, prepaid debit card users concerned about fraud can avoid having their accounts cleaned out by getting an EMV chip card. Unfortunately, these smart cards are not ...

Whether you know it or not, you probably have an EMV card in your wallet. EMV cards, named for the joint development with Europay, MasterCard, and Visa, incorporate a computer chip into the ...

The U.S. is migrating to EMV (Europay, MasterCard and Visa) chip technology that is more secure than the magnetic stripe technology we’ve used since World ...

If you’ve got a credit card or a debit card, by now you’ve probably gotten a “chip card” in the mail. Perhaps you’ve even had to shove it into a little slot on the new card readers at ...