smart chips

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  CSCU Conference: Chip Cards Remain Expensive Choice

  By David Morrison  |  May 8, 2013

  ST. PETERSBURG, Fla. — While the long-term payments future remains optimistic for credit unions, the 2013 annual conference of Card Services for Credit Unions revealed the immediate payment path continues murky and expensive as ever.

• Onsite Coverage: EMV Experts Agree Chip Cards Not Profitable

  By David Morrison  |  April 29, 2013

  ST. PETERSBURG, Fla. — A panel of industry experts said EMV-equipped cards are not likely to make credit unions any money.

• Chip-and-Pin Standards Advance

  By David Morrison  |  March 27, 2013

  Credit unions and other debit card issuers moved significantly closer to being able to issue smart chip embedded debit cards last week when a key industry council announced its members reached agreement on a key software approach.

• Chip-and-Pin Card Standards Move Forward

  By David Morrison  |  March 20, 2013

  Industry work group agrees on common software approach for EMV cards in U.S. while CO-OP CEO recommends deployment wait.

• CSCU Paper Offers Comprehensive Overview of EMV

  By David Morrison  |  November 21, 2012

  Deciding when and how? Card Services for Credit Unions offers white paper on EMV chip-and-PIN cards.

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  Smart Chips Still Slow to Catch on at U.S. CUs

  By David Morrison  |  September 14, 2011

  Despite the documented ability of smart chips to cut fraud losses, experts say some credit unions and CUSOs have not moved very quickly to start issuing credit and debit cards enabled with the higher tech chips.

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  On Smart Card Chips, Visa Changes Course

  By David Morrison  |  August 17, 2011

  After years of steadily holding back support for embedding smart chips into U.S. issued cards, the largest card brand has announced it will now back the use of smart card technology in the U.S.

• Visa Reverses Course on Embedded Chip Technology

  By David Morrison  |  August 9, 2011

  After years of steadily opposing embedding so-called smart chips in U.S.-issued cards, the largest card brand has reversed itself.