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Going to Legal Bat(tle) Over EMV

Going to Legal Bat(tle) Over EMV

We knew this was going to happen. It was just a matter of when a merchant or merchants would take legal action pertaining to the EMV liability shift, where it would happen, and what the claim would be.   Last week was the “when.” Now here’s the “who” and the “what” of...

Wall Street Pulls the Strings

Banks remain key clients, but ultimately Visa and MasterCard must serve the interests of major investors. Can they pull that off while warring with merchants over fees? “Neither MasterCard nor Visa is a technology company. They are networks that rely on technology...

MasterCard Goes Mobile With Chip-And-PIN Displays

“This is interesting in that it’s the first public announcement I’ve seen, at least from a major player, to leverage the mobile phone to secure a card-based transaction,” said payments expert Todd Ablowitz, president of Double Diamond Group....