Blog Posts Tagged with "Visa"
April 03, 2012 Added by:Pierluigi Paganini
Global Payments' announced that Track 2 data was stolen, which is used by the bank. Track 1 data generally refers to the information reported on the front of a bank card. So if this information was stolen along with that contained in Track 2, it is possible to clone a card...
March 30, 2012 Added by:Headlines
"Visa Inc. is aware of a potential data compromise incident at a third party entity... Visa has provided payment card issuers with the affected account numbers so they can take steps to protect consumers through independent fraud monitoring and, if needed, reissuing cards..."
February 20, 2012 Added by:PCI Guru
What is Visa USA trying to prove with this push of EMV? Apparently only Visa USA can tell us because, for the rest of us, there are no business cases we can construct to justify the switch to EMV. Obviously, Visa USA knows something that the rest of us do not. Or do they?
February 01, 2012 Added by:Robert Siciliano
Visa has announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The company intends to encourage investments in infrastructure necessary to accept and process both new forms of payment technology...
January 26, 2012 Added by:Andrew Weidenhamer
"The PCI system is less a system for securing customer card data than a system for raking in profits for the card companies via fines and penalties. Visa and MasterCard impose fines on merchants even when there is no fraud loss at all, simply because the fines are profitable...”
October 11, 2011 Added by:PCI Guru
If Visa were to work with the industry to produce a common API for EMV and contactless cards with PIN online, that would drive adoption of more secure cards in the US because there would be a business reason for adoption. Without such a driver, they are still a solution looking for a problem...
September 13, 2011 Added by:PCI Guru
Visa’s beef with my post is the implied connotation by using the term ‘Chip and PIN’ that a PIN would be required. All I was trying to do was to provide an easily Google-able term for people interested in EMV. Such a complaint from Visa is laughable if it were not so sad...
September 08, 2011 Added by:PCI Guru
Sometimes you can negotiate with your processor or acquiring bank to get your multiple legal entities treated as a single entity and do one compliance filing. The key is that you need to negotiate this change before you start your PCI compliance efforts, not after the fact...
March 01, 2011 Added by:Andrew Weidenhamer
For organizations that are using end-to-end encryption technology, do not have access to the encryption key, and are not storing any cardholder information, it would cost less to perform an On-Site Assessment because the PCI-DSS requirements the merchant has to adhere to are significantly reduced...
November 10, 2010 Added by:Anthony M. Freed
With credit and debit card fraud as prevalent as it is, why would card brands push a product that is responsible for ten times more fraud than another? The answer is quite simple: The riskier the transaction, the higher the fees charged to the merchant - and ultimately to the consumer...
March 13, 2009 Added by:Anthony M. Freed
HPS is now in a probationary period, during which it is subject to a number of risk conditions including more stringent security assessments, monitoring and reporting. Subject to these conditions, Heartland will continue to serve as a processor in the Visa system...
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