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EMV Tech Still Faces Hurdles as U.S. Deadline Nears
Even though U.S. merchants and acquirers have known about the looming deadline for EMV-chip card adoption for three years, their progress has been slow.
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Matt Barr, head of emerging payments in the U.S. for MasterCard.
MasterCard is determined to take its tokenization technology for Apple Pay and spread the security method to many other payment products, including the card brand's own MasterPass digital wallet. more »
Image: Bloomberg News
Google will enhance its verification system for accounts by supporting identity standards developed by FIDO (Fast Identity Online), an industry alliance that aims to increase operability between authentication technology systems. more »
Image: Bloomberg News
Staples Inc., the world’s largest office-supply chain, is investigating a potential breach of customer credit-card data, becoming the latest retailer to confront a threat from hackers in recent months. more »
Image: Bloomberg News
A few hours into Apple Pay's Oct. 20 launch, Apple CEO Tim Cook promised the company was not looking to exploit its payments data. more »
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An executive order signed by President Obama on Friday that mandated the adoption of chip and PIN technology in government cards and enabled its use in facilities like Post Offices is a "meaningless gesture" that smacks of politics over substance. more »
Image: Bloomberg News
The White House is slated to unveil a major package of initiatives on Friday to increase data security for financial transactions, including an executive order to add chip-and-PIN technology to government-issued credit and debit cards. more »
The Zwipe fingerprint card
MasterCard will launch a contactless card with a built-in fingerprint sensor in the U.K. in early 2015 with Norwegian payment technology provider Zwipe. more »
Image: ShutterStock
Almost half of merchant payment-card terminals in the U.S. will be able to handle more secure EMV- chip technology by the end of 2015, according to an industry group. more »

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