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Gas Stations Face More Pressure — and Options — to Switch to EMV
Replacing gas pump hardware is a big, disruptive move for any fuel seller, but with the sector's EMV liability shift only a year away, more companies are facing the inevitable.  more »
Adobe Stock
These gas pumps are not EMV-compliant.
Getty Images
At the start of its fourth decade, the Automated Clearing House — a payment method most commonly known for facilitating payroll direct deposits — has found itself firmly in the crosshairs of the card networks and alternative payment providers. more »
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New payment card technologies are forcing Mastercard to break into a new set of BINs (bank identification numbers). more »
Thinkstock
New Orleans--As credit and debit card issuers start to see the benefits of EMV-chip card security, prepaid would seem to be the logical next step. But prepaid issuers remain unconvinced of the security benefits of EMV. more »
Bloomberg News
The settlement underscored how incentives and sales goals led employees to illegally open new accounts, transfer customer money to the accounts, and create PIN numbers and emails without customers' authorization, regulators said. more »
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It was inevitable that someone would try to add up those extra seconds it takes to perform an EMV transaction, and when Cayan did it concluded that EMV is forcing U.S. consumers as a whole to spend years in extra time at the register. more »
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A new tool developed by the federal government may put the brakes on certain counterfeit card scams during the holidays, if law enforcement agencies can replicate the results of an initial test. more »
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The one thing payment terminal hardware makers should have been sure of this year was relatively strong demand from merchants finally upgrading to EMV-compatible equipment after the slow start last year to the U.S. chip-card migration. But that's not how it's turning out. more »
Bloomberg News
With the first chip card deadline for ATMs coming up in a few weeks, banks need to quickly gain an upper hand on potential risks. This starts with a more complete understanding of the complex changes at the ATM terminal. more »
Thinkstock
Approximately 37 million adults in the United States — a number roughly equivalent to the population of California — do not have a checking account. Some of those individuals have never relied on traditional banking. more »
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Prepaid card issuer Green Dot Corp. has made an executive change, hiring board member Mary Dent to lead the company's banking unit. more »
UniRush CEO Ron Hynes
Just weeks after welcoming a new CEO and launching a fresh marketing push following some unwelcome technical issues, UniRush LLC is rolling out a new mobile app for its prepaid RushCard with improved security features. more »
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Financial institutions offering checkless checking is trending, and checkless checking accounts—as part of the FDIC’s 2011 Model Safe Accounts Pilot—appeared to perform well among the underserved consumer participants. more »