Issuers believe shift to chip cards will be almost complete by 2017

Eight financial institutions, representing approximately 50 percent of the total U.S. payment card volume, estimate that 63 percent of their credit and debit cards will contain EMV chips by the end of this year, expanding to 98 percent by the end of 2017.

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Mobile payments: Innovative, but with security concerns

A study from Experian and the Ponemon Institute finds pause among payments ecosystem executives about how innovative technology could lead to more data security breaches.

April mobile payments 5 for 5: Facebook Messenger, EMV, HCE

It's time for a look back at the most-read articles on Mobile Payments Today in April to see what we can learn from them.

The merchant's role in mobile fraud

In a rush to take advantage of changing consumer shopping preferences, retailers might be inadvertently putting themselves at risk. Fortunately for them, the card networks have a say in the fraud fight.

The rise of HCE-based mobile payments

Mobile Payments Today recently conducted a Q&A with a Sequent Software executive to discuss some issues regarding how HCE affects the mobile-payments industry going forward.

A secure path for the payments industry: Mobile device identification

As consumer adoption of mobile devices approaches 100 percent, mobile identity can become more useful than passwords, physical identifications, or any other mechanism to verify identity.

US EMV transition could open door to more NFC mobile payments

Merchants have until October to make the switch to POS terminals that accept chip cards. Many industry executives expect proximity mobile payments to get a boost since the new terminals also have contactless technology.

Mobile-centric narrative required for small merchant EMV adoption

Jordan McKee, senior analyst for mobile payments for the 451 Research Mobility Team, writes in a blog post about the opportunity for payment service providers to push mobile payments with small merchants as a reason to upgrade terminals for the EMV shift.

Mobile payments 5 for 5: Dissecting recent acquisitions

It's time for a look back at the most-read articles on Mobile Payments Today in March, and what we can learn from them.

Social media as ID verification

Veridu, a London-based ID verification company, believes a consumer's social media profiles can serve as an effective way to calculate risk.

Where US institutions lag in the mobile-payment onboarding process

Mike Gardner, CEO of Recombo, examines the differences between the U.S. and Europe when it comes to verifying consumers to use mobile wallets.

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NEWS


Harbortouch selects Verifone for contactless EMV terminals

Harbortouch will use Verifone's VX 520 countertop payment terminal in combination with the VX 805 PIN pad to accommodate EMV and contactless NFC payments.

Industry organizations work to simplify EMV transition

Payments Security Task Force, PCI Security Standards Council and the EMV Migration Forum have launched educational and prequalification tools for resellers and software vendors.

Digital Insight FIs to get Apple Touch ID for mobile banking apps

Apple's biometric feature will be generally available later this year to Digital Insight financial institution customers.

Bitcoin mobile wallet provider selects Intercede for security

Intercede said by securing the wallets with the secure Trusted Execution Environment already present on many leading devices, the app, along with data and transactions made by it, is protected against threats that may be present on the handset.

Heartland partners with PAX for EMV-enabled terminals

Heartland will also equip the devices with its end-to-end encryption and tokenization services.

Apple Pay outperforming PayPal, according to consumer survey

Apple Pay is the top choice in terms of mobile payment applications consumers plan on using going forward.

'A minimal portion of the actual damages incurred'

Through their court-appointed lead counsel, FIs are lambasting the proposed $19 million settlement agreed upon by MasterCard and Target.

Verifone enlists Thales to protect card data

Verifone now uses Thales nShield hardware security modules for its end-to-end payment encryption product.

Apple Pay poised to debut in Canada

Apple is reportedly is negotiations with Canada's major financial institutions to launch Apple Pay in the country later this year.

Discover gives cardholders new fraud prevention tool

Freeze It that acts like an on/off switch to stop new purchases from being made with a cardholder's account.

Trade group updates specifications for NFC tags

Signature RTD 2.0 provides developers with a way for users to verify the authenticity and integrity of data within NFC Data Exchange Format (NDEF) messages, the means by which NFC devices and tags exchange information.

Study: New cyberthreats come in old packages

A Verizon report says that cyberattacks are increasingly sophisticated, but they're still carried out using the same old delivery techniques — phishing and hacking. Will we ever learn?

Elavon SDK update enables merchants to accept Apple Pay

Elavon said the Commerce SDK comprehensive kit also accelerates a business' ability to implement a secure, EMV-compliant payment product.

Trustonic, Mobeewave partner to enhance mobile payments security

The companies said the partnership allows Mobeewave-enabled NFC devices to achieve best-in-class security for accepting contactless transactions with a mobile device.

Long John Silver's reels in Ingenico for POS upgrade

The Ingenico product will enable 580-plus Long John Silver's U.S. locations to accept both magnetic stripe and EMV cards, and will provide a platform for NFC mobile wallet acceptance in the future.

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This research center deals with perhaps the most sensitive topic in the mobile payments industry – security. We cover fraud prevention for your business, privacy issues, regulation, malware, hacking, shortcodes, privacy, lost or stolen phones, and EMV.