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  • EMV is here – sort of

    The highly anticipated EMV deadline of Oct. 1 has come and gone, leaving many retailers and payment solutions providers to ponder what’s next? As of Oct. 1, 2015, any U.S. retailer that does not have the necessary POS hardware, software, and operational and network protocols in place to process an EMV-compliant chip card transaction faces a shift in fraud liability.

  • EMV is here, sort of

    The highly anticipated EMV deadline of October 1 has come and gone, leaving many retailers and payment solutions providers to ponder what’s next?

    As of Oct. 1, 2015, any U.S. retailer that does not have the necessary POS hardware, software, and operational and network protocols in place to process an EMV-compliant chip card transaction faces a shift in fraud liability.

  • NRF: EMV shift expected to go smoothly

    Despite all the commotion surrounding the Oct. 1 deadline for U.S. retailers to accept EMV-compliant payment cards, the National Retail Federation (NRF) expects no drastic shifts to occur.

  • Study: Payment card issuers throw in their chips

    As the Oct. 1 fraud liability shift for EMV-compliant chip cards looms, payment card issuers appear ready for the change.

    According to a new study from the electronic payments industry group Payment Security Task Force (PST), the eight financial institutions that belong to the PST reported that 30% of their U.S. consumer credit and debit cards contain EMV chips as of June 30.

  • Walgreens makes a lucrative deal with Western Union

    Walgreens has teamed up with Western Union on an initiative that may generate the drugstore chain a lot more traffic and sales.

    The nation’s largest drugstore chain has launched Western Union Bill Payment services via digital self-service kiosks, allowing customers to make payments to 15,000 billers across the United States and beyond.

  • THE SHOPS AT 1700 & RESIDENCES AT 1700

    Location: Minnetonka, Minnesota

    Size: 155,000 sq. ft.

    Owner: 1700 Plymouth LLC (a joint venture, including co-developers Paster Properties LLC and Bader Development LLC)

    Key Tenants: Signed lease with Highland Bank, and currently in negotiations with several retailers

  • Visa: It’s the chip, not the PIN

    As chip-based EMV cards become the payment norm for retailers, Visa continues to assert that PINs and even signatures are unnecessary security measures in a rapidly evolving payments landscape.

    In a conference call, Visa executives explained why the company is taking the view that not only is PIN verification not a major concern, but neither is obtaining the customer’s signature.

  • NRF: Life will continue with EMV

    Despite all the commotion surrounding the Oct. 1 deadline for U.S. retailers to accept EMV-compliant payment cards, the National Retail Federation (NRF) expects no drastic shifts to occur.

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