Many automated teller machines (ATMs) and point-of-sale (POS) terminals fail to properly generate random numbers that are required by the EMV protocol to securely authenticate transaction requests, ...

Efforts to make the EMV payment process more appealing to consumers and merchants got another boost with Mastercard Inc.’s announcement Thursday that point-of-sale equipment maker VeriFone Systems Inc ...

On the 1st of January 2010, many German bank customers found that their banking smart cards had stopped working. Details of why are still unclear, but indications are that the cards believed that the ...

Many consumers and merchants adjusting to using newly-issued EMV credit and debit cards may undergo a perception versus reality check as Visa Inc. prepares to debut its Quick Chip for EMV program.

Through technology trials, consumers in Amsterdam, France and Finland have been learning to use cell phones with near-field communication (NFC) technology for electronic payments and data exchange.

Consumers are managing their financial services in more digital and diverse ways than ever before. But as card-not-present (CNP) transactions across e-commerce, m-commerce and remote commerce rise ...

A Brazilian fraud group that targets U.S. financial institutions but went inactive last year has returned with new malware infecting point of sale terminals. The malware circumvents both PIN-based ...

A flaw in the EMV protocol which lays out the rules for chip-and-PIN card transactions at ATMs and point-of-sale terminals could enable persistent attackers to carry out bogus card transactions. A ...

Researchers at Cambridge University published a paper describing security vulnerabilities in the EMV chip-and-PIN protocol and implementation. Chip-and-PIN payment cards are coming to the United ...

Authentication specialist, Entersekt believes that for the e-commerce landscape to benefit from faster approval rates, low-risk trading environments, and a better user experience offered by the new ...