More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. In development for over...
While the expanding adoption of EMV cards in the U.S. has helped to largely eliminate card-present counterfeit fraud at the physical point of sale, some merchants believe that more can be done. In this month’s Digital identity Tracker, Stephanie Martz, senior vice president and general...
The development of digital identity solutions shows no signs of slowing in the new decade, with the mobile biometrics market expected to add $28.45 billion per year in incremental growth between 2018 and 2023. Facial authentication and cloud-based subscription services are particularly popular, with applications...
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to...
August 09, 2017
Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. It represents the development of a whole new technology, and reliability and security […]
January 22, 2020
More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. In development for over a decade, SmartMetric began designing products with biometric technology. The […]
February 13, 2019
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Merchants who have upgraded to chip technology saw a...
July 06, 2018
Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and...
February 08, 2018
Gemalto, the digital security company and payment card supplier, announced news on Wednesday (Feb. 7) that it is joining forces with Entrust Datacard, a provider of identity and secure transaction...
