EMV

05 Jul
2016

Forget EMV — We Want Secure Mobile Payments

Forget EMV — We Want Secure Mobile Payments I think everyone in the payments industry is equally frustrated with the move to EMV. The sheer cost of implementation is prohibitive for organizations, and that’s not even considering the lack of security inherent in EMV, but nevertheless EMV continues to be

19 Oct
2015

Overcoming Major Data Security Challenges in Retail Petroleum Part 2

Overcoming Major Data Security Challenges in Retail Petroleum Part 2 EMV is More Expensive Than You Think As discussed in the previous blog posting, with the sheer amount of transactional data flowing through retail petroleum industry environments, data security presents a challenging series of initiatives to overcome. With multiple technologies

23 Sep
2015

Overcoming Major Data Security Challenges in Retail Petroleum Part 1

Overcoming Major Data Security Challenges in Retail Petroleum Part 1 Understanding Data Security Challenges in the Retail Petroleum Industry Receiving, storing, and transmitting sensitive data presents challenges for every business. One of the riskiest datasets to handle is payment card data, as it is easy to steal, sell, and use for

25 Aug
2015

Are Global Card Brands Stacking the Deck with EMVco?

Are Global Card Brands Stacking the Deck with EMVco? The card brands have something up their sleeve with the EMVco network tokenization standards. According to the April 2015 PCI document “Tokenization Product Security Guidelines” EMVco has set proprietary standards on network tokenization. These new suggested proprietary standards obviously benefit the

10 Jun
2015

Retailers Beware: You Have a Target On Your Back

Retailers Beware: You Have a Target On Your Back Banks are working hard to change every policy they have for fraud prevention to reduce their losses. It starts later this year with the EMV deadline for merchants. At that time banks officially push fraud liability directly onto the merchant if

29 May
2015

Card-Not-Present Fraud on The Rise – Finance Industry On Notice

Card-Not-Present Fraud on The Rise – Finance Industry On Notice Card-not-present fraud is expected to hit $6.4 Billion by 2018. While EMV chip and pin cards, with their immediate authentication, use a great technology for card-present transactions, consider that the technology is over 20 years old and is just being

04 Feb
2015

Hurdles of Tokenization & Consumer Authentication for EMV

Hurdles of Tokenization & Consumer Authentication for EMV – A Software Architect’s Perspective My name is Justin Stanley and I am the lead software architect at TokenEx. When I was asked for my input on a tokenization and consumer authentication blog for EMV, I wanted to be as realistic as

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