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Posts tagged: Security and Fraud

Best Payment Options for Self-Checkout Kiosks

Best Payment Options for Self-Checkout Kiosks

Self-checkout kiosks have been the lifesaver of consumers trying to avoid long lines at checkout counters in most grocery stores. Big Box stores like Walmart and Target have the option to use self-service checkout which is convenient during busy hours where the lines are lengthy or even for consumers who...

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Swipe Card or Insert Chip? What's the deal with these Chip Cards?

Swipe Card or Insert Chip? What's the deal with these Chip Cards?

Just as we thought we were evolving by switching from cash to credit cards, we still find that the security of our credit cards are being threatened. This is why Europay, Mastercard and Visa have teamed up to create the EMV Chip that you are now seeing in your credit/debit...

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To prevent data theft, businesses race to adopt new technology

McClatchy Washington Bureau Published: Wednesday, Apr. 16, 2014 - 5:22 pm WASHINGTON -- Recent high-profile data breaches at Target and Neiman Marcus have accelerated plans by banks and retailers to implement technologies they say will prevent hackers from stealing consumers’ account information. Malware installed in Neiman Marcus payment terminals exposed 1.1 million debit and credit cards from...

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What is EMV (Chip and Pin)

What is EMV? EMV stands for Europay, MasterCard® and Visa®, the developers of this technology. EMV has been used in Europe since 1992, and steps are now being taken to make it the standard payment type in the U.S. due to the significant reductions in fraud it produces. EMV, also...

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