News:

ABA Ads Urge Payments Innovations, Not Mandates

By ABA
ABA Banking Journal | July 27th, 2015

ABA this week is running ads in Capitol Hill publications and on D.C.-area talk radio stations urging Congress to let the payments industry continue to develop innovative solutions to secure payments — and not mandate static technologies such as chip-and-PIN, which is fast becoming out of date. “Innovation is driving the payment industry to create […]

Report: 75 Percent of Merchants May Miss EMV Liability Shift Date

By
ABA Newsbytes | July 6th, 2015

As many as three-quarters of all merchants may not have implemented EMV chip card technology before the Oct. 1 liability shift, according to a report last week from Javelin Strategy and Research. Starting in October, the party — merchant or issuer — that does not support EMV assumes liability for counterfeit card transactions. “This will […]

How EMV credit cards will protect you from financial fraud

By Claire Davidson
USA Today | June 22nd, 2015

If you’ve recently received a new credit card equipped with a shiny little microprocessor chip, you might feel a twinge of panic. If your old card was working fine, you wonder, why did your issuer send you a new one?  That chip is part of your credit card issuer’s efforts to reduce in-person counterfeit credit […]

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