March 2017
It’s no secret that the EMV transition was met with confusion and consumer complaints. But more than a year after the liability shift went into effect, the benefits of the new technology are starting to show. According to data from MasterCard, fraud is decreasing in the wake of EMV’s implementation.
Read MoreDecember 2016
Internet security isn’t something credit unions and other companies can let fall by the wayside. Software vulnerabilities are dangerous, and criminals are on the prowl, searching for their next victim.
Read MoreOctober 2016
October is National Cyber Security Awareness Month
Read MoreSeptember 2016
The liability shift that occurred a year ago brought a significant amount of confusion to consumers and merchants alike. One source of confusion stemmed from the difference between installing an EMV-compatible payment terminal and certifying it, according to PYMNTS.
Read MoreJuly 2016
Though the EMV shift last year was meant to improve the payments industry and make transactions more secure, the change has had its fair share of drawbacks.
Read MoreJune 2016
Since the EMV liability shift in October 2015, merchants have had their fair share of things to consider. Beyond the logistics of preparing a shop to accept EMV cards, many retailers have had a rude awakening when fraud does occur at their establishment despite the new technology.
Read MoreJune 2016
EMV technology is designed to reduce point-of-sale fraud. The shift that took place in the U.S. last year urged merchants, credit unions, banks and other credit card issuers to adopt the technology to help keep members and consumers safe.
Read MoreMarch 2016
Last year many businesses were told they needed to upgrade their payment terminals to accept EMV transactions. As the Oct. 1 deadline came nearer, few merchants had actually made the switch. According to BAI, as of January, fewer than 4 percent of businesses had upgraded. One potential reason a large number of retailers are taking their time to make the
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