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EMV's Impact on Security Is Diminishing
This fall, the United States will finally transition to EMV—but it’s too little too late.  more »
Image: iStock
Image: iStock
Hackers can already take control of a car. And as vehicles become rolling shopping malls, cybercriminals will have an opportunity to snatch your identity, too. more »
Image: Bloomberg News
Fidelity Investments is considering dropping American Express and Bank of America to find new partners and better terms for one of the top-rated cash-back credit cards in the U.S., according to people with knowledge of the matter. more »
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Logos on the door of a Wyndham property.
When a federal appellate panel sided with the U.S. Federal Trade Commission (FTC) against the Wyndham hotel chain this week, it cemented the FTC as a power to be reckoned with for companies that have poor security. more »
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Many Americans who travel abroad have already experienced the changes that chip technology will bring when chip technology rolls out widely this year. more »
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Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline. more »
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Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering. more »
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More than 212 million biometric authentication devices will be shipped over the next decade for use in financial services, according to recent Tractica market research. more »
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In a case testing regulators' authority to police companies' cybersecurity practices, a U.S. appeals court said Wyndham Worldwide Corp. must face a suit in which it's accused of failing to secure its computers from Russian hackers. more »
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As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe. more »
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Chip cards alone are just one option for EMV, as the technology is a foundation for other, more secure payment solutions beyond the chip. more »
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Though most merchants will be liable for fraud if they do not upgrade to EMV-chip card terminals by the start of October, many do not see themselves affected by fraud on the same scale as the major retailers that have suffered massive data breaches. more »
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Total System Services (TSYS) has launched a new data analytics tool called TSYS Analytics Intellisuite, which will feature dashboards for real-time data monitoring and analysis of consumer portfolios. more »