It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing. The Seal Beach, ...

Even if it pushes the bank past the October 2015 deadline for EMV-chip card adoption, BMO plans to stick with its magnetic-stripe cards until each one reaches its natural expiration date. Only then ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. An early 1960s innovation largely credited to IBM, the ...

First, we said goodbye to the floppy disk drive. Then, the Sony Walkman was unceremoniously buried. Now, it's time to prepare a eulogy to a gadget that's been an even bigger part of the American ...

Credit-card companies say yes, because the chip in the transponder enables them to create additional levels of security. I recently exchanged posts with security consultant Chris Paget on PBS Newshour ...

Two weeks ago, ZDNet reported on the results of a very interesting experiment that analyzed how banks implemented EMV (chip) cards on their networks. In the experiment, researchers from Cyber R&D Lab ...

Chip cards are less vulnerable to skimming than magnetic stripe cards, but they aren’t completely safe. Crooks can still capture your card information from a chip card using a technique called ...

I recently exchanged posts with security consultant Chris Paget on PBS Newshour‘s Web site (see Radio Frequency Identification Tags: Identity Theft Danger or Modern Aid?). The back and forth is long, ...