Both Visa and MasterCard this week announced they would delay for three years an October 2017 rule meant to push gas station operators to install chip-card readers on their pumps.
Visa announced the rollout of new software that it said will allow cardholders to dip and remove their cards at the payment terminal in about 2 seconds.
As data breaches continue to make headlines, Bank of America is enhancing the encryption capabilities on debit card transactions.
Chase will boost security with chip-and-PIN credit cards later this year.
Retailers ready to accept more secure chip cards if only banks would issue them.
Stolen data from EMV chip cards in a Target-like breach would be worthless.
Wells Fargo expands its offering of EMV chip credit cards to its Visa credit cardholders.
Chase is adding an EMV chip to its Chase Sapphire Preferred credit card, starting mid-November.
The number of credit card fraud incidents increased 17 percent, FICO says.
EMV chip cards come in two flavors: chip-and-PIN and the chip-and-signature. What’s the difference?