Tag: Visa

How your wallet (and your bank) are going mobile

Mobile banking is a high priority for financial services organizations especially with the arrival of the Internet generation. Mobile services are now moving away from a stripped down version of the banks’ web sites but towards an app-based approach. What does this mean for banks and what will be the impact of the arrival of NFC?

US Card Fraud Disproportionately High Last Year

As cited in a previous blog post, The Nilson Report has released its annual fraud figures, and they are a bit unsettling. The United States now accounts for 47 percent of global card fraud even though it generates only 27 percent of the total volume of purchase transactions. Why does the US have such a disproportionate percentage of fraud?

EBG: Perspectives from the Mobile & Social Media event of…

Hello from Paris at the EBG event. The catchphrase these past two days has been ‘If you snooze, you lose.’ While that might be taking it a bit far, it’s certainly true that it’s been a highly engaging and fast-moving conference in a fast-moving and evolving industry. And, having dosed up on coffee, I’m keen […]

MasterCard joins Visa with EMV roadmap in US

This week the payments industry got news that many of us were hoping for: MasterCard is joining Visa in support of EMV in the United States.  In a statement issued this week, MasterCard introduced its US roadmap from magnetic stripe cards to EMV chip cards, and beyond to mobile payments and much more. While the […]

Driving EMV adoption: the benefit for banks

According to recent reports from Visa, EMV deployment in the US is accelerating. An estimated one million Visa-branded EMV chip-enabled cards had been issued by the end of 2011. In addition to this, Mastercard has finally agreed to join Visa in supporting the technology in the US. EMV, which regular readers by now know stands […]