Upgrading to EMV Reduces Fraud Liability and Boosts Customer Experience

Upgrading to EMV Reduces Fraud Liability and Boosts Customer Experience. Many small businesses operate on tight margins. That’s one reason they have been slow to upgrade their payment systems to accept EMV chip-enabled cards. Many are also stymied by the cost and complexity of the required changes. Unfortunately, delaying can have expensive consequences. October 2015…

Payment card acceptance set to surge by 40% to 85 million outlets worldwide

Payment card acceptance set to surge by 40% to 85 million outlets worldwide.The latest cards research, Global Payment Cards Data and Forecasts to 2022, reveals that the number of card-accepting merchant outlets rose by an impressive 7 million in 2016 to 61 million. Double-digit growth was recorded across Asia-Pacific, central and eastern Europe and the Middle…

The new PCI DSS 3.2 standards – New authentication requirements for cardholder data

The new PCI DSS 3.2 standards – New authentication requirements for cardholder data. Poor password management – including the continued reliance on default, stolen, weak and non-unique passwords – is a key factor in more than 80% of hack-driven breaches, according to Verizon’s 2017 Data Breach Investigation Report. In response to growing waives of fraud…