The global point-of-sale payment terminal market is enjoying a technology boom as manufacturers peering just over the horizon see rampant demand for in-store devices that can accommodate both ...

Researchers at the University of Cambridge in the U.K. have demonstrated how a chip-and-PIN terminal used to authenticate credit and debit card transactions in that country can be compromised to steal ...

Contrary to rampant misconception, we have not adopted the more secure chip and PIN payment standard in the United States that could address the rapid rise in online fraud. Leading up to last year’s ...

Researchers published a paper detailing an attack of intermediate difficulty that they say makes it possible for criminals to use any "Chip and PIN" smart card that they take into their possession.UK ...

While electronic funds transfers haven't changed much since they were introduced 26 years ago, EFTPOS has recognised that technology is at the point where it must transform in order to provide ...

Chase Paymentech, a subsidiary of JPMorgan Chase and a global leader in payment processing and merchant acquiring, is working with YESpay, a global payment services company, to provide its managed ...

The German white-label mobile payment company payworks introduces a mobile Chip & PIN solution that allows processing of major credit cards as well as local debit card schemes. In contrast to existing ...

Leading UK retailers have dismissed the threat that CCTV cameras pose to the security of the new chip and PIN bank card payment system. The security issue has been raised by customers concerned that ...

The U.S. can learn a lot from other countries when it comes to providing better security and consumer protection for electronic payment services. Now would be a great time to emulate the European ...

A chip and PIN card is a credit card that includes microchip technology and a personal identification number (PIN) to securely verify a cardholder during a transaction. The embedded microchip is ...