Come April '18, Mastercard will stop requiring signatures at checkout for purchases in Canada and the U.S.
The company will stop requiring signatures as of April 2018; the move could have little effect on CU interchange income.
Credit card companies are trying to proactively target fradulent activity.
PSCU and Mastercard partner to support fintech startups.
Visa and Mastercard decison to delay EMV fuel pump migration three years is a fraud concern for credit unions.
Mastercard launches artificial intelligence technology for credit card transactions.
Credit unions that haven't yet converted may experience fraud.
The CUSO plans to make the digital wallets available by September.
Researchers find an upgrade flaw in U.S. chip-based cards that allows hackers to rewrite the magstripe code.
A post-EMV liability shift increase in chargebacks and fraud leads Visa and MasterCard to take action.