Posted on 19 November 2013 by Philippe Benitez
Building on the lesson that I wrote about last month about EMV migration (get the education piece right, and you’ll pave the way for a faster, smoother migration to EMV and contactless payments), I’d like to address an important set of players in the payment ecosystem: card issuers. There are a few built-in touch points […]
Posted on 10 October 2013 by Philippe Benitez
Money2020 has been full of interesting insights on new and developing payment technologies. Payment players from across the spectrum have gathered for Money2020 this week in Las Vegas, from start-ups to those who have been in the industry for decades. With so many payment power players under one roof, I wonder how many years of […]
Posted on 24 September 2013 by Philippe Benitez
In its recently released Hype Cycle for Financial Services Payment Systems report, Gartner gave warning of increasing payment card fraud in the U.S., highlighting EMV (‘chip and pin’) payment cards as the preferred solution. According to Gartner, “U.S. banks should recognize that fraud will likely increase exponentially and with little warning. They should develop an EMV-centric […]
Posted on 28 August 2013 by Philippe Benitez
To continue our discussion about popular myths and misconceptions about EMV payment cards, let’s talk about card-not-present (CNP) fraud – the kind where the merchant never sees you or your card. In other words, the merchant never verifies that the person making the transaction is the legitimate cardholder by checking the signature or seeing that […]
Posted on 17 February 2012 by Philippe Benitez
Last week, the Gemalto team headed out to Salt Lake City, Utah for the 2012 Smart Card Alliance Payments Summit. The three-day event lived up to its name, covering all things payments such as EMV chip card payments, mobile payments and wallets, NFC, and open transit payments. The hot topic of the event? EMV’s impending […]