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Card fraud dips, chip use rises, MasterCard says

Counterfeit card fraud is down by 60 percent at MasterCard’s highest-ranked EMV-enabled U.S. merchants, according to a company press release, which said the downturn stems from the rollout of [...]

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7 in 10 US consumers now carrying chip cards

Visa is calling 2015 “a watershed year” in the U.S. migration to chip cards. According to the latest figures from the network, there are now more chip cards in the U.S. than in any [...]

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The EMV merchant liability shift: A last-minute look

With the EMV liability shift for merchants occurring on October 1, ACI has released results from its new EMV Readiness Survey of 1,000 adults in the U.S. The numbers roundup Of consumers surveyed [...]

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Study: Companies must reassure consumers about safety of big data

Consumers are worried about the security of their data on connected devices, according to new research by consumer technology consultants Parks Associates. Most notably, 40 percent of U.S. [...]

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Chip to account for 25 percent of debit cards by year end

Ninety percent of U.S. financial institutions have begun issuing chip EMV debit cards or plan to do so by the end of 2015, according to the “2015 Debit Issuer Study” commissioned by [...]

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Consumer spend on payment cards tops $20T in 2014

Migration away from cash and checks helped boost worldwide card spend in 2014 to $20 trillion, which translates to year-over-year growth of 15 percent, according to “Global Payment Cards [...]