
The long awaited EMV migration, set to roll through the U.S. October 2015, is finally here. The expectation has been that the payment industry will see a significant reduction in fraudulent activity, especially within the card-present (CP) environment. At the moment, in pre-EMV American, the most prevalent type of fraud stems from the loss or a stolen magnetic-stripe based card. As seen in the cases of the Target and Home Depot’s cyber-attacks, this theft or loss has become any easy mark for hackers who attempt to break into retail POS systems. However, the EMV migration does not carry a promise […]
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