Skimmers found in self checkout lanes at Walmart stores fit over existing EMV-enabled POS devices and even include a slot for card chips.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Skimming overlay devices fit over existing EMV-enabled POS devices and exploit customers who opt to swipe instead of dip.
Results of the payments industry-wide transition may include quicker card issuance and increased lawmaker scrutiny.
ARLINGTON, Va. – Credit card fraud costs increased 85% in four years, according to Visa.
Soon, credit unions will be liable for POS purchases made with counterfeit cards created by tampering with non EMV compliant ATM machines - a tab that, according to industry estimates, averages $650 per card, and up to $100,000 per incident.
Participate in CU Times' fraud survey for a chance to win one of four $25 gift cards.
Helping members understand the pending ATM transition is a valuable move for credit unions.
Crimson Hexagon shares consumers' opinions on the latest financial services topics.
Learn what the liability shift deadline for ATMs and self-service fuel dispensers means for credit unions.