PCI Compliance is Coming Soon June 2018 SSL encryption is a standard encryption method used for decades. A vulnerability named POODLE has been detected within SSL and is no longer PCI compliant. POODLE (Padding Oracle On Downgraded Legacy Encryption) is a vulnerability in SSL that could allow a hacker to extract data from secure online […]
EMV Migration Forum Changes Name to US Payments Forum, Expands Focus to Additional Emerging Payments Technologies Princeton Junction, N.J., July 20, 2016 – The EMV Migration Forum has been instrumental in the progress of the U.S. migration to EMV chip technology by providing a forum for essential cooperation and coordination across the whole payments ecosystem, including retailers, card […]
What is EMV? EMV is a fraud-reducing technology that can help protect issuers, merchants and consumers against losses from the use of counterfeit and lost or stolen payment cards at the point-of-sale. Data Security EMV cards are embedded with a microprocessor or smart chip that interacts with the merchant’s point-of-sale device to make sure that […]
EMV Liability Shift Delayed New Visa Fraud Monitoring Program for Automated Fuel Dispensers Visa has been working with merchants, acquirers, and fuel-industry providers to support migration to the more secure EMV technology. However, due to challenges with EMV Automated Fuel Dispensers (AFD) solution readiness, Visa is delaying the U.S. domestic AFD EMV liability shift date […]
Quick Chip for EMV, A Specification Enhancement from Visa Time spent paying with a chip card just got a whole lot faster. Quick Chip for EMV, a specification enhancement from Visa, enables customers to dip and remove their EMV chip card at checkout in about two seconds or less. They can even do so before […]
What is the EMV standard? EMV is a standard for globally interoperable, secure payments. The key element of EMV involves including dynamic digital data in every transaction. This makes these types of transactions extremely secure and reduces the risk of fraud.When a consumer uses an EMV-enabled device to pay at an EMV terminal, it can […]
The sales associates at retail outlets following proper security guidelines is a good start to protecting against fraud this holiday season. But what if you are an online business, or the magnetic strip on a card does not work? In Part 1 of this topic, we talked about proper procedure for accepting cards in a card present […]
Viruses come in all different forms, from the common cold to life threatening plagues. Computers are no different. Hackers try to break into banks at least once a day. RSA, a security division of EMC, is a premier provider of security solutions for Fortune 500 companies. Since February 2006, RSA has been tracking the Windows Sinowal […]
Over the past couple of weeks I have run into many merchants that feel ripped off by their merchant sales representative with regards to their merchant account fees. Time and time again I hear “I just didn’t know what to ask for.” Like with any other purchase for your business, it is important to learn […]
When starting a business, most business owners hope to quickly grow. After all, more customers mean more revenue. But if you aren’t prepared, expanding could put your business at risk. Obviously, having enough inventory, staff and equipment is critical to expanding operations. One area that many merchants overlook is processing credit card transactions. You have […]
