With the liability for card fraud set to switch in one year to financial institutions and merchants that aren't ready for EMV, many credit unions are scrambling to transition from slide-and-sign to pin-and-chip.
Strategic Resource Management
Recent Posts
Credit Unions Rev Up EMV Migration
Two ATM Giants Renew Surcharge – Free Deal
Point-of-sale network CU24 and Allpoint, a national ATM network, have extended an agreement to continue offering access to the more than 55,000 surcharge-free ATMs through CU24.
CNP Fraud Rapidly Rising Irrespective of EMV Adoption
October 30 – As the United States looks to implement EMV, Javelin examined the United Kingdom EMV market as a looking glass into the future U. S. market. While the rapid proliferation of EMV adoption in the UK produced a significant drop in POS fraud, it did not address where card fraud is most problematic—e-commerce and m-commerce. Javelin Strategy & Research’s report, Fixing CNP Fraud: Solutions for a Pre-and Post-EMV U.S. Marketwarns that online card fraud will rapidly increase despite and irrespective of the US transition to EMV.
The Countdown to EMV: A New eBook from Pymnts.com
October 29 – This month marks the one-year benchmark before the EMV liability shift takes effect, changing nearly every part of the payments ecosystem from issuers and merchants to consumers and payments networks. Compiled into an easily readable eBook, industry leaders provide their perspective, best practices, learnings from other markets, and insights on preparing for the impending Chip and PIN and digital future.
Smart Card Alliance Supports Federal Government’s BuySecure Initiative
October 23 – The Smart Card Alliance applauds the Obama Administration BuySecure Initiative’s aim to secure payments with EMV chip technology and is calling for smart card technology to also be included in plans to strongly authenticate citizens accessing sensitive government data online.
Strategic Resource Management Sees Continued Card Portfolio Income Opportunities for Banks and Credit Unions
Strategic Resource Management Sees Continued Card Portfolio Income Opportunities for Banks and Credit Unions
With Changing Mortgage Market, Examine Vendor Contracts to Recoup Lost Fee Income
With Changing Mortgage Market, Examine Vendor Contracts to Recoup Lost Fee Income