Posted on 22 October 2014 by Philippe Benitez
President Obama sent a strong message to American consumers and the payments industry by endorsing the highest level of security for government payment cards and terminals. He set the government the task of “leading by example” by calling for “chip & PIN” EMV cards to combat fraud on 3 million credit cards issued to government […]
Posted on 14 October 2014 by Philippe Benitez
In our last blog, we looked at the recently-released Hype Cycle Research Report from Gartner and the outlook for NFC technology. Next we will turn to another important technology that was included in Gartner’s Hype Cycle for Payment Innovation: EMV, and the U.S. migration. EMV has been gaining a lot of attention from payments experts […]
Posted on 03 September 2014 by Philippe Benitez
Near field communication (NFC) has come a long way since its introduction in the 80’s. It has now become a standard feature in mobile devices, following in the footsteps of its predecessors, GPS, Bluetooth and WiFi. This year, it is expected that the number of NFC-enabled devices in use will exceed 500 million – and […]
Posted on 07 August 2014 by Philippe Benitez
The U.S. payments ecosystem is evolving as NFC contactless and cloud-based mobile wallet technologies are offering consumers a streamlined payment experience and unique loyalty benefits. While few doubt the benefits mobile will enable, many merchants wonder which technology to accept at the POS as BLE, NFC, QR-code, and barcode-based technologies are all being evaluated by […]
Posted on 29 May 2014 by Philippe Benitez
The U.S. migration to EMV chip payments is well underway, with many industry stakeholders on track to meet October 2015 liability shift deadlines.
Posted on 22 April 2014 by Philippe Benitez
A whole new language is coming with EMV credit cards. Did you know that an EMV credit card isn’t used by swiping it? “Swiping” will someday be a term of the past (along with the mag-stripe relics that swiping supports). Credit cards with an EMV chip are “dipped”, “waved”, or “tapped.” Not to worry, it’s […]