If you are still in the early stages of converting your hardware and systems to an EMV compliant solution, you will want to consider the following shortcuts and hints to a painless EMV solution. For those that have relatively new hardware. . . Find out if your existing hardware will be updated or supplemented to provide chip reading capabilities.… Read More »
New sophisticated software takes advantage of lack of end-to-end encryption in many retailer backends and getting card data, including EMV, from consumers. Cyber criminals never sleep.
This new ModPOS malware has taken advantage of a flaw in the internal in-store processing of debit and credit transactions still using magnetic stripes as well as using the new EMV Chip and Pin cards; the processing flaw, now known to the retail industry, is that the internal processing systems utilized by many major retailers does not support end-to-end encryption, and does not also properly encrypt data in memory, allowing that data to be captured and sent to distant cyber crooks. According to iSIGHT, “Criminals can then reuse card data, even from EMV cards, to make online (card-not-present) transactions.”
Thanks to Andrew Savala of KioskSimple If you’ve been watching the news lately you’ve probably heard about the credit card security breach at Target and all the buzz around “Chip and PIN” or “EMV.” In the case of Target, while hackers could have stolen the information from EMV capable cards the data would have been worthless. This is… Read More »
NCR, the global leader in consumer transaction technologies, announced today that the NCR SelfServ 90 will be deployed by Ryohin Keikaku Co, Ltd. in Japan. Source: www.ncr.com This is the latest unit that NCR debuted at NRF 2015. Here is link for brochure
Thanks to Andrew Savala with KioskSimple for this resource article. EMV Kiosk Capable Card Readers, PIN Pads and Contactless Readers for Self-Service Kiosks The following is a list of EMV capable card readers, PIN pads and contactless card readers that are designed specifically for self-service environments like a kiosk. As we’re beginning research and development on adding EMV capabilities to our US-based kiosk… Read More »
EMV Liability Shift – October 2015 is when the “liability shift” happens. As it stands now (this could change) – as of October 2015- if you are not accepting EMV – that’s OK, but MasterCard will not accept liability for any fraud that merchants incur. That excludes ATM & fuel, which are graduated in annually for some reason.… Read More »