Chase will boost security with chip-and-PIN credit cards later this year.
Banks and merchants continue debate over who should be on the hook for data breach costs.
EMV chip cards come in two flavors: chip-and-PIN and the chip-and-signature. What’s the difference?
Five months after Visa proposed carrot-and-stick initiatives for retailers to usher in EMV-enabled credit cards onto U.S. soil, the credit card company is clearing up one fundamental misconception: what EMV cards actually are. In a blog Friday, the company distinguished between EMV-enabled credit cards and chip and PIN credit cards, two terms often used interchangeably
Worried about getting stuck at an unmanned European tollbooth because of your old-school credit card? Fortunately, there’s one more chip and PIN credit card for U.S. globetrotters to help you avoid that snafu. Chase on Monday rolled out its new British Airways Visa Card that features the EMV technology popular abroad and the traditional magnetic
Bank of America Merrill Lynch became the latest in a growing number of big issuers to offer chip-and-PIN credit cards to U.S. customers to make transactions more convenient abroad. The bank said Tuesday it plans to add the feature — in addition to the magnetic stripe — to all its U.S. corporate credit cards starting
Citi corporate travelers won’t have their overseas purchases rejected because of old school credit card magnetic strips. The credit card company said last week it’s launching its Citi Corporate Chip and PIN card, which features an embedded EMV-enabled microprocessor commonly accepted outside of the U.S. EMV stands for Europay, MasterCard and Visa, the developers of
Visa is raising its stakes on chip-and-PIN credit cards. The company on Tuesday launched a multi-pronged initiative to expand the use and acceptance of EMV-enabled credit cards in the U.S. Visa said it’s offering certain incentives if retailers swap out their old-school payment systems with ones that take these cards. EMV is an acronym for Europay,
Ever worry about debit card fraud emptying out your checking account? If so, you’ll be happy to know that Visa announced today it will soon begin a push to bring fraud-fighting chip authentication to U.S. debit cards. From the press release: Visa Inc. today announced plans to accelerate the migration to EMV contact and contactless
Another U.S. bank has taken a step forward in the slow migration toward chip and PIN credit cards. But the step is a small-scale one, expected primarily to benefit U.S. travelers to foreign countries. The financial institution in this latest development is Silicon Valley Bank. They will offer chip-based payment cards based on the EuroPay-MasterCard-Visa, or