Chip-and-PIN Adoption vs. Credit Card Fraud
The transition to the chip-and-PIN credit card technology in the U.S. will reduce fraud from counterfeit cards, but other types of fraud will probably increase....
Tag: EMV
Most of Europe’s Credit Card Fraud Is Committed in the U.S.
Realizing how difficult it had become to commit credit card fraud in Europe following the EMV adoption, criminals took the European cards they stole to the U.S....
How to Clone a Smart Credit Card
The EMV credit card technology was introduced to make it impossible for criminals to clone our cards, but it turns out that this is all too possible....
Smart Card Technology Cuts Fraud by 39% in U.K.
Lessons from across the pond: new data show that, following steep declines in 2009 and 2010, payment card fraud losses in the U.K. may have now leveled off....
Chips, Magnetic Stripes, Grotesque Credit Card Fees and Who Pays for What
A Danish processor wants to charge merchants extra for accepting credit cards the wrong way and the retailers are, justifiably, all up in arms about it....