EMV stands for Europay, Mastercard and Visa — is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. EMV cards are smart cards (also called chip cards or IC cards) that store their data on integrated circuits in addition to magnetic stripes (for backward compatibility). These include cards that must be physically inserted (or “dipped”) into a reader and contactless cards that can be read over a short distance using radio-frequency identification (RFID) technology. Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the authentication methods employed by the card issuer.
Munich, Germany – 14 November 2019 – Electronic identification documents (eID) are high in demand worldwide. To address the evolving needs of the market in a fast and flexible manner, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has
AUSTIN, Texas, July 18, 2016 -- HID Global®, a worldwide leader in secure identity solutions, today announced that it has acquired DemoTeller, a leading provider of instant issuance solutions for the financial market. With this acquisition, HID Global is now able
Visa and Planeta Informatica Pioneer New Technology to Bring the Speed, Security and Convenience of Contactless Payments to Transit Operators Around the World
February 25, 2019, 10:30:00 AM EDT New Visa Secure Access Module makes transitioning to tap to pay at transit turnstiles faster, easier and less expensive than ever before for public transit operators Metro Rio will be first transit operator to
LECIP ARCONTIA launches its new LV-700 validator; taking clients to the next level of Automated Fare Collection System
Gothenburg, Sweden, January 15th 2019 – LECIP ARCONTIA AB, a Swedish producer of contactless smart card products and solutions for Automated Fare Collection System, today announces the launch of its new on-board validator for electronic fare collection schemes in public transport.
Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its
Approximately 400,000 U.S. merchant locations began accepting EMV chip cards in 2018’s first six months, according to new data from Visa Inc. In its latest report on the U.S. conversion from magnetic-stripe payment cards to the EMV standard, Visa on