US sees repercussions from EMV as criminals switch tactics
February 2, 2016 - Incidents of new account fraud in the US doubled last year, as criminals switched tactics in response to the introduction of EMV chip cards.
Bank of England to develop blueprint for overhaul of UK payments system
January 27, 2016 - The Bank of England is developing a blueprint to modernise the UK's 20-year old real-time gross settlement system to deal with changing payment habits and the emergence of distributed ledger technology.
The Bancorp Releases Fourth Finetics™ Studio Interview Series: “The Impact of EMV on Fraud”
January 25, 2016 - The Bancorp, Inc. (NASDAQ: TBBK), today announces the release of its next Finetics™ Studio interview series: "The Impact of EMV on Fraud" featuring Julie Conroy, Research Director, Aite Group; Dan Rosen, Founder and General Partner, Commerce Ventures; Render Dahiya, CEO, Arroweye Solutions; and Charles Crawford, Senior Vice President, Payment Acceptance, The Bancorp.
Global e-commerce card spending reaches $2.1 trillion
January 13, 2016 - 16.5 billion e-commerce card payments worth $2.1 trillion were made worldwide in 2014 according to a recent study by RBR.
One Third of All Card-Present Transactions Globally Use EMV Chip Technology
December 21, 2015 - Technical body EMVCo has released official figures which demonstrate that one in three of all card-present transactions undertaken globally between July 2014 and June 2015 used EMV® chip technology.
EPC publishes Sepa Cards Standardisation Volume
December 8, 2015 - The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version 7.1 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume (the Volume).
The European Payments Council announces the publication of the latest version of the SEPA Cards Standardisation Volume
December 8, 2015 - The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version 7.1 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume (the Volume).
San Francisco sues American Express for billions in penalties, restitution for merchants
November 20, 2015 - San Francisco City Attorney Dennis Herrera is suing American Express Company (NYSE: AXP) in a statewide consumer protection action over anti-competitive and illegal merchant restraints alleged to be "responsible for billions of dollars in excessive and improper costs" borne directly by retailers and, indirectly, by all California consumers.
