Converting the nation’s millions of cards, processing terminals and banking systems to EMV may take as long as a decade or more.
MBL update, demographics are destiny, EMV coming at you, and more.
EMV Essentials site includes explanations of technology embedded in EMV cards already widely used overseas, as well as timeline for the liability shift through 2017.
Change takes effect Oct. 16, aimed at stimulating EMV adoption in U.S.
As credit unions learn more about new technology, they are some of the institutions leading the nation in the issuance of payment cards that use embedded computer chips to validate identity and secure transactions.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.
The Smart Card Alliance, an industry group organized to promote wider use of cards enabled with computer chips, is starting a forum designed to facilitate the implementation of cards with chips in the U.S.
Big bank joins list of issuers offering EMV cards to cardholders who travel overseas often.
Potential business benefits of the EMV chip outweigh even its anti-fraud value.
ST. PETERSBURG, Fla. — Three credit unions will begin issuing EMV chip enabled cards later this year as part of a pilot program with FIS.