CHIP AND PIN CARD MOMENTUM IN THE U.S.
•
0 likes•228 views
1 October 2015 was the official kickoff requiring chips in credit cards in the United States. It typically takes a few years to reach critical mass, but data from Visa suggests progress and momentum as banks issue more cards, businesses activate chip terminals and consumers increasingly make secure chip transactions.
Report
Share
Report
Share
Download to read offline
Recommended
Money2020 2015 Day Three Highlights
This document summarizes key points from discussions at the MONEY20 conference. Some of the main ideas discussed include:
- Payment instruments will become less important and authorization engines will be key.
- Claims of the "death of cash" are overstated as 18% of the world's GDP is still withdrawn from ATMs each year in cash.
- Winning fintech companies will need to partner with banks to scale, while winning banks will partner with fintech firms.
- Blockchain and distributed ledgers are promising but still early like the internet was in 1995.
Money2020 2015 Day One Highlights
This document contains 20 quotes from various individuals on topics related to financial technology and payments innovation. Some key themes that emerge are: the need to focus on solving real business problems rather than just building new technology; the importance of security and user experience; the potential for new technologies like blockchain, cryptocurrency, and the Internet of Things to disrupt traditional financial services; and challenges around scaling innovation and ensuring access and affordability.
Money2020 2015 Day Two Highlights
The document summarizes quotes from various speakers at a presentation discussing emerging trends in financial technology. Key topics discussed include the growth of digital currencies and mobile payments, the importance of data sharing and access to financial services, and the need for established financial institutions to adapt to changing consumer demands and new fintech entrants.
Instabill Blogs August 10-14
Instabill's blogs and news items for the week of August 10-14: Banks Having Trouble With EMV Transition Too; Instabill Merchant Accounts record Has Fallen; Instabill Partner Program On Display at ERA D2C, WSAA, Money 2020; 51% of Merchants Unaware of EMV Liability Shift.
New Year's Eve cocktails from around the world
Looking for a good hotel bar with great cocktails this New Year’s Eve? Look no further. Here are a few favorite cocktail recipes from hoteliers and F&B experts in NYE markets around the world.
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...Smart Payment Association
Smart Payment Association announces preliminary finds of 2014 smart card payments review
• Over 1.5 billion smart payment cards shipped in 2014
• 185 million smart payment cards and modules shipped to US in 2014
• Contactless technology present on 40% of payment cards in 2014
• Secure DDA technology present on 70% of payment cards in 2014
Munich, 4th February 2015: The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA).
Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards where shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
The United States, the only major market not to have previously adopted EMV-standard cards, accounted for 185 million card and module shipments as the country makes the transition to chip-and-PIN.
This number was significantly higher than the 30 million cards shipped in 2013 – reflecting growing enthusiasm from the country’s regulators, banks and retailers to combat card fraud on a national scale.
In a clear example of federal support for EMV transition, President Obama signed an executive order in October 2014 to apply chip-and-PIN technology to newly-issued and existing government credit and debit cards, and to deploy EMV-supported payment terminals in federal agencies.
Contactless technology continued its rapid global growth. In 2014, four out of every ten smart payment cards featured the ‘tap and go’ technology, with SPA members shipping a total of over 600 million contactless payment cards in the year.
This figure represents a year on year growth of 35%, with much of the increase driven by Europe and Asia, where contactless cards represented slightly more than 50% of total shipments in 2014. In the US, less than 10% of cards shipped in 2014 featured contactless technology – a figure in line with the maturity of the EMV market.
The data, collated by the SPA – whose seven members represent around 85% percent of the total available market – also highlighted the primacy of the Dynamic Data Authentication (DDA) technology. DDA provides chip-and-PIN cards with high levels of protection against modification of data and card cloning. 70% of cards shipped in 2014 featured this technology – up from 66% in 2013.
Sylvie Gibert, President of the Smart Payment Association: “These preliminary figures underline the crucial role EMV-standard cards and secure infrastructures in the global payments ecosystem – both now and in the future.
“In 2014 we saw banks and retailers respond to consumer demands for faster and more convenient and more secure ways to pay as contactless shipments grew to their highest levels. Crucially, the continued and growing adoption of EMV-stanChip & Pin Payment Security
The document compares and contrasts chip and pin credit cards with magnetic stripe cards. It discusses that chip and pin cards, which comply with the EMV standard, provide increased security against fraud compared to magnetic stripe cards. Magnetic stripe cards can be easily cloned, while chip and pin cards generate dynamic authentication data. The document also outlines advantages of chip and pin cards for banks, consumers, and merchants in reducing liability and costs associated with fraud. It discusses how PCI DSS v3 places new requirements on annual penetration testing and segmentation between systems to validate security.
The State of Chip and Pin Technology
A year after the launch of chip payment, businesses and consumers are still working to get a handle on the technology, while card processors say they’ve seen improvement.
Recommended
Money2020 2015 Day Three Highlights
This document summarizes key points from discussions at the MONEY20 conference. Some of the main ideas discussed include:
- Payment instruments will become less important and authorization engines will be key.
- Claims of the "death of cash" are overstated as 18% of the world's GDP is still withdrawn from ATMs each year in cash.
- Winning fintech companies will need to partner with banks to scale, while winning banks will partner with fintech firms.
- Blockchain and distributed ledgers are promising but still early like the internet was in 1995.
Money2020 2015 Day One Highlights
This document contains 20 quotes from various individuals on topics related to financial technology and payments innovation. Some key themes that emerge are: the need to focus on solving real business problems rather than just building new technology; the importance of security and user experience; the potential for new technologies like blockchain, cryptocurrency, and the Internet of Things to disrupt traditional financial services; and challenges around scaling innovation and ensuring access and affordability.
Money2020 2015 Day Two Highlights
The document summarizes quotes from various speakers at a presentation discussing emerging trends in financial technology. Key topics discussed include the growth of digital currencies and mobile payments, the importance of data sharing and access to financial services, and the need for established financial institutions to adapt to changing consumer demands and new fintech entrants.
Instabill Blogs August 10-14
Instabill's blogs and news items for the week of August 10-14: Banks Having Trouble With EMV Transition Too; Instabill Merchant Accounts record Has Fallen; Instabill Partner Program On Display at ERA D2C, WSAA, Money 2020; 51% of Merchants Unaware of EMV Liability Shift.
New Year's Eve cocktails from around the world
Looking for a good hotel bar with great cocktails this New Year’s Eve? Look no further. Here are a few favorite cocktail recipes from hoteliers and F&B experts in NYE markets around the world.
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...Smart Payment Association
Smart Payment Association announces preliminary finds of 2014 smart card payments review
• Over 1.5 billion smart payment cards shipped in 2014
• 185 million smart payment cards and modules shipped to US in 2014
• Contactless technology present on 40% of payment cards in 2014
• Secure DDA technology present on 70% of payment cards in 2014
Munich, 4th February 2015: The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA).
Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards where shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
The United States, the only major market not to have previously adopted EMV-standard cards, accounted for 185 million card and module shipments as the country makes the transition to chip-and-PIN.
This number was significantly higher than the 30 million cards shipped in 2013 – reflecting growing enthusiasm from the country’s regulators, banks and retailers to combat card fraud on a national scale.
In a clear example of federal support for EMV transition, President Obama signed an executive order in October 2014 to apply chip-and-PIN technology to newly-issued and existing government credit and debit cards, and to deploy EMV-supported payment terminals in federal agencies.
Contactless technology continued its rapid global growth. In 2014, four out of every ten smart payment cards featured the ‘tap and go’ technology, with SPA members shipping a total of over 600 million contactless payment cards in the year.
This figure represents a year on year growth of 35%, with much of the increase driven by Europe and Asia, where contactless cards represented slightly more than 50% of total shipments in 2014. In the US, less than 10% of cards shipped in 2014 featured contactless technology – a figure in line with the maturity of the EMV market.
The data, collated by the SPA – whose seven members represent around 85% percent of the total available market – also highlighted the primacy of the Dynamic Data Authentication (DDA) technology. DDA provides chip-and-PIN cards with high levels of protection against modification of data and card cloning. 70% of cards shipped in 2014 featured this technology – up from 66% in 2013.
Sylvie Gibert, President of the Smart Payment Association: “These preliminary figures underline the crucial role EMV-standard cards and secure infrastructures in the global payments ecosystem – both now and in the future.
“In 2014 we saw banks and retailers respond to consumer demands for faster and more convenient and more secure ways to pay as contactless shipments grew to their highest levels. Crucially, the continued and growing adoption of EMV-stanChip & Pin Payment Security
The document compares and contrasts chip and pin credit cards with magnetic stripe cards. It discusses that chip and pin cards, which comply with the EMV standard, provide increased security against fraud compared to magnetic stripe cards. Magnetic stripe cards can be easily cloned, while chip and pin cards generate dynamic authentication data. The document also outlines advantages of chip and pin cards for banks, consumers, and merchants in reducing liability and costs associated with fraud. It discusses how PCI DSS v3 places new requirements on annual penetration testing and segmentation between systems to validate security.
The State of Chip and Pin Technology
A year after the launch of chip payment, businesses and consumers are still working to get a handle on the technology, while card processors say they’ve seen improvement.
Dorado Industries TrendWatch Q4 2020
Snarky analysis of comings and goings, industry reports, and press releases concerning the electronic payments industry.
Brief for Transaction Processing Industry
This document provides an overview of the global payment processing industry. It discusses key metrics like annual revenue, growth projections, and processing mediums. The payment market is growing steadily, driven by increases in e-commerce, mobile payments, and the EMV upgrade cycle in the US. Major players in the industry include payment processors, card issuers, and merchant acquirers. The payment processing flow and various actors involved are outlined. The document also examines industry trends, long-term outlook, regulations and competing technologies.
The Future of Payments: Next-Gen Payment Processing Technologies
This document summarizes the key trends and developments in next-generation payment processing technologies over the next decade. It highlights 9 important technologies: EMV chip cards, remote deposit capture, authentication/biometrics, contactless payments, real-time/faster payments, blockchain/bitcoin, e-commerce/m-commerce, mobile point of sale (mPOS), and mobile wallets. For each technology, it provides data on adoption rates, expected growth and revenues, as well as some of the major players in each field. The overall document indicates that payments are evolving rapidly due to innovation and that the pace of change will continue to accelerate in the coming years.
RSA Online Fraud Report - July 2014
The document summarizes e-commerce fraud trends in 2014 based on insights from billions of online transactions secured by RSA. It finds that card-not-present fraud in the US is expected to more than double to $6.4 billion by 2018 due to the country's adoption of EMV standards. Currently, the top merchant categories for online transactions and fraudulent transactions are airlines, general retail, and computers/electronics. Fraudulent transactions also tend to be significantly higher in value than legitimate ones.
Visa report 02.04.16
Visa Inc. is a leading global payments technology company that processes over $7 trillion in transactions annually. The document analyzes Visa's business, industry, and financials. It recommends a bull call spread strategy for Visa due to its strong fundamentals and leadership position, though notes increasing regulation, technology changes, and macroeconomic uncertainty could impact performance. Visa is expected to grow revenues and earnings in the coming years driven by its global network expansion and new payment solutions.
I am sure you didn
I am sure You Didn’t Know About these 5 Credit Card Facts
Instructions to Lower Interest Rates on Credit Cards
More than 167 million American grown-ups have no less than one Visa. That is 70% of all buyers managing month to month charge card bills and diverse Visa benefits, expenses, loan fees, and reward programs. Charge cards have turned into a piece of the vast majority of our ways of life. However, when and why did we as a whole begin paying with plastic? Here are 5 truths that assistance clarify why and how Visas have come to assume such a critical part in our lives today.
1. American Express Was the First Plastic Credit Card
American Express begun as an expedited delivery business in 1850, however extended to a money related administration super organization by the mid twentieth century. Cafes Club had really presented their Mastercard (travel and excitement card) years before American Express and charged a $5 yearly expense. American Express propelled their form of the Visa in 1958, however charged a $6 yearly expense to look after eliteness. The paper card highlighted a purple ink plan that looked like their explorers checks. After a year, they began to change over their cards to plastic. Burger joints Club went with the same pattern in 1961 and, from there on, the Mastercard was plastic.
यह भी पढ़ें :- घर में बनाये जिंजर लेमन बीयर और दूर करे कैंसर और गठिया जैसी खतरनाक बीमारियों को
यह भी पढ़ें :- जानिये अगर कुछ दिन नमक न खाए तो इसका सेहत पर क्या असर पड़ेगा
2. Christmas Thieves Prompted Government Credit Card Regulation
Bank Mastercards had not been famous in the 1960s, along these lines, in a joint exertion, the city's banks had sent a large number of spontaneous charge cards to homes in and around Chicago without a moment to spare for Christmas shopping in 1966. Not at all like Mastercards conveyed today, every one of the cards were at that point dynamic and did not require anything other than rather a mark at buy to utilize. Crooks crosswise over Chicago stole a large number of bank Mastercards from the mail station and the letter drops of multifamily homes and flats. They charged a huge number of dollars on the stolen cards at retailers over the city. Chicago banks lost an expected $6 to $12 million dollars ($43 to $85 million today) in fake Christmas shopping buys.
Dorado Industries TrendWatch Q1 2016
Quarterly review of happenings in the electronic payments realm. A bit snarky at times with an imbedded rant that expresses a point of view.
Most promising current and future payment technologies | SG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
Big data analytical driven fraud detection for finance; banks and insurance
Big data and machine learning analytics can help banks and insurers combat fraud and reduce losses from hacking. Techniques like anomaly detection can flag suspicious transactions to identify issues before they become major problems. While not a perfect solution, these tools provide insights and alerts that go beyond traditional methods. Their use can decrease fraud incidents and strengthen organizations' technological defenses, but hacking will still remain an ongoing challenge given human factors and hackers' continuing innovation.
MTBiz May-June 2018
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Australian Payments Network - Digital Economy Report, June 2018
Media Release: The Digital Economy report - our ninth milestones report reveals the shift to a digital economy in Australia is accelerating. Card payments are more popular than ever while cash and cheques decline.
Nilson report
This document is the July 2011 issue of The Nilson Report, which provides news and analysis on the global payments industry. It includes the following:
- Charts ranking the largest issuers of consumer credit and debit cards in the US, as well as purchase transactions and card usage in the Middle East/Africa region.
- News briefs announcing new partnerships, products, and leadership appointments in the payments industry.
- Advertisements for upcoming reports and industry events.
Oct 2010
The document discusses how the recession has impacted consumer spending habits and how consumers will pay for goods going forward. It notes that consumers are deleveraging and taking on less debt due to job losses and stagnant wages. While credit card usage fueled spending for decades, consumers will now likely shift to debit cards and alternative payment methods. This change creates opportunities for new payment companies and technologies to fill the gap left by reduced credit availability and help consumers continue to purchase goods and services.
Card Not Present (CNP) Fraud in a Post-EMV Environment: Combating the Fraud S...
This Aite Group white paper examines card-not-present (CNP) fraud, which now represents 45% of total U.S. card fraud, and provides an overview of new technologies available to issuers and merchants to blunt the impact of cyber threats.
Visa Stock Analysis Report
This document provides a stock analysis report on Visa by Birkey Investment Group. It summarizes the payment card industry, analyzes Visa's financial performance and position within the industry, and recommends purchasing Visa stock. Visa dominates the global payment processing market with over 50% of transactions. It has strong financial trends in revenue, earnings, and margins that distinguish it from competitors like MasterCard. Visa's recent acquisition of Visa Europe will help it grow further in the European market. Based on this analysis, the report recommends Visa as a solid investment opportunity.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Fintech investment latin america 2020
The document analyzes fintech investment and deals in Latin America in 2020. Some key points:
- Total fintech investments in Latin America reached a record $3 billion in 2020, up from $2.64 billion in prior years.
- Brazil accounted for the majority (75.8%) of investments, followed by Mexico (13.8%). Neobanks, payments, and digital banking were the most funded sectors.
- There were 9 mega-rounds (over $100 million) in 2020 compared to 6 in 2019. This included 5 new fintech unicorns.
- Mergers and acquisitions also grew, with 26 deals in 2020 compared to 16 in 2019. The largest was Stone's $
Dorado TrendWatch Q3 2016
Snarky review of electronic payments; published late due to Hurricane Matthew and two fishing trips to Baja, Mexico.
Netwealth educational webinar - Top 10 learnings from Silicon Valley fintech ...
Michelle Baltazar, Director of Media at Financial Standard, shared digital trends and insights that are set to impact the financial planning industry, gained first hand from her recent tour of Silicon Valley.
What Businesses Need to Know About Changes to Credit and Debit Cards
The United States is transitioning to more secure payments. Debit and credit cards are being issued with chips on them, which will increase security and could boost consumer confidence. The new chip cards require everyone in the payment ecosystem to adopt new technology—including point of sale terminals—to protect from fraud.
Is your business prepared for the change?
Stephanie Ericksen, Vice President of Global Risk Products at Visa, talks about the move to EMV cards, the effects the switch will have on businesses large and small, and the upcoming liability shift for in-person transactions.
This event is part of Business Forward’s series that connects you with the latest business practices that you may want to integrate into your own operations.
5 things to know about Easter hotel performance
This document analyzes hotel performance data over the 2016 Easter holiday weekend. It reports that among major global markets, Kyoto, Japan and Macau, China had the highest Easter eve occupancy rates at 98.4% and 98.1% respectively. In the US, New York City and the Florida Keys had the highest Easter eve occupancy rates at 92.2% and 91.5%. Additionally, Easter eve average daily rates in the US have exceeded $100 for the past five years, with only 2008 previously reaching over $100. Globally, hotel occupancy and rates are typically higher on the Saturday before Easter than on Easter Sunday itself.
Consumers Don't Know Much About Cybersecurity
At a time when hotels need to take every precaution to avoid falling victim to a data breach and being branded as insecure, consumers don't seem to know much about the security issues that worry them.
More Related Content
Similar to CHIP AND PIN CARD MOMENTUM IN THE U.S.
Dorado Industries TrendWatch Q4 2020
Snarky analysis of comings and goings, industry reports, and press releases concerning the electronic payments industry.
Brief for Transaction Processing Industry
This document provides an overview of the global payment processing industry. It discusses key metrics like annual revenue, growth projections, and processing mediums. The payment market is growing steadily, driven by increases in e-commerce, mobile payments, and the EMV upgrade cycle in the US. Major players in the industry include payment processors, card issuers, and merchant acquirers. The payment processing flow and various actors involved are outlined. The document also examines industry trends, long-term outlook, regulations and competing technologies.
The Future of Payments: Next-Gen Payment Processing Technologies
This document summarizes the key trends and developments in next-generation payment processing technologies over the next decade. It highlights 9 important technologies: EMV chip cards, remote deposit capture, authentication/biometrics, contactless payments, real-time/faster payments, blockchain/bitcoin, e-commerce/m-commerce, mobile point of sale (mPOS), and mobile wallets. For each technology, it provides data on adoption rates, expected growth and revenues, as well as some of the major players in each field. The overall document indicates that payments are evolving rapidly due to innovation and that the pace of change will continue to accelerate in the coming years.
RSA Online Fraud Report - July 2014
The document summarizes e-commerce fraud trends in 2014 based on insights from billions of online transactions secured by RSA. It finds that card-not-present fraud in the US is expected to more than double to $6.4 billion by 2018 due to the country's adoption of EMV standards. Currently, the top merchant categories for online transactions and fraudulent transactions are airlines, general retail, and computers/electronics. Fraudulent transactions also tend to be significantly higher in value than legitimate ones.
Visa report 02.04.16
Visa Inc. is a leading global payments technology company that processes over $7 trillion in transactions annually. The document analyzes Visa's business, industry, and financials. It recommends a bull call spread strategy for Visa due to its strong fundamentals and leadership position, though notes increasing regulation, technology changes, and macroeconomic uncertainty could impact performance. Visa is expected to grow revenues and earnings in the coming years driven by its global network expansion and new payment solutions.
I am sure you didn
I am sure You Didn’t Know About these 5 Credit Card Facts
Instructions to Lower Interest Rates on Credit Cards
More than 167 million American grown-ups have no less than one Visa. That is 70% of all buyers managing month to month charge card bills and diverse Visa benefits, expenses, loan fees, and reward programs. Charge cards have turned into a piece of the vast majority of our ways of life. However, when and why did we as a whole begin paying with plastic? Here are 5 truths that assistance clarify why and how Visas have come to assume such a critical part in our lives today.
1. American Express Was the First Plastic Credit Card
American Express begun as an expedited delivery business in 1850, however extended to a money related administration super organization by the mid twentieth century. Cafes Club had really presented their Mastercard (travel and excitement card) years before American Express and charged a $5 yearly expense. American Express propelled their form of the Visa in 1958, however charged a $6 yearly expense to look after eliteness. The paper card highlighted a purple ink plan that looked like their explorers checks. After a year, they began to change over their cards to plastic. Burger joints Club went with the same pattern in 1961 and, from there on, the Mastercard was plastic.
यह भी पढ़ें :- घर में बनाये जिंजर लेमन बीयर और दूर करे कैंसर और गठिया जैसी खतरनाक बीमारियों को
यह भी पढ़ें :- जानिये अगर कुछ दिन नमक न खाए तो इसका सेहत पर क्या असर पड़ेगा
2. Christmas Thieves Prompted Government Credit Card Regulation
Bank Mastercards had not been famous in the 1960s, along these lines, in a joint exertion, the city's banks had sent a large number of spontaneous charge cards to homes in and around Chicago without a moment to spare for Christmas shopping in 1966. Not at all like Mastercards conveyed today, every one of the cards were at that point dynamic and did not require anything other than rather a mark at buy to utilize. Crooks crosswise over Chicago stole a large number of bank Mastercards from the mail station and the letter drops of multifamily homes and flats. They charged a huge number of dollars on the stolen cards at retailers over the city. Chicago banks lost an expected $6 to $12 million dollars ($43 to $85 million today) in fake Christmas shopping buys.
Dorado Industries TrendWatch Q1 2016
Quarterly review of happenings in the electronic payments realm. A bit snarky at times with an imbedded rant that expresses a point of view.
Most promising current and future payment technologies | SG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
Big data analytical driven fraud detection for finance; banks and insurance
Big data and machine learning analytics can help banks and insurers combat fraud and reduce losses from hacking. Techniques like anomaly detection can flag suspicious transactions to identify issues before they become major problems. While not a perfect solution, these tools provide insights and alerts that go beyond traditional methods. Their use can decrease fraud incidents and strengthen organizations' technological defenses, but hacking will still remain an ongoing challenge given human factors and hackers' continuing innovation.
MTBiz May-June 2018
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Australian Payments Network - Digital Economy Report, June 2018
Media Release: The Digital Economy report - our ninth milestones report reveals the shift to a digital economy in Australia is accelerating. Card payments are more popular than ever while cash and cheques decline.
Nilson report
This document is the July 2011 issue of The Nilson Report, which provides news and analysis on the global payments industry. It includes the following:
- Charts ranking the largest issuers of consumer credit and debit cards in the US, as well as purchase transactions and card usage in the Middle East/Africa region.
- News briefs announcing new partnerships, products, and leadership appointments in the payments industry.
- Advertisements for upcoming reports and industry events.
Oct 2010
The document discusses how the recession has impacted consumer spending habits and how consumers will pay for goods going forward. It notes that consumers are deleveraging and taking on less debt due to job losses and stagnant wages. While credit card usage fueled spending for decades, consumers will now likely shift to debit cards and alternative payment methods. This change creates opportunities for new payment companies and technologies to fill the gap left by reduced credit availability and help consumers continue to purchase goods and services.
Card Not Present (CNP) Fraud in a Post-EMV Environment: Combating the Fraud S...
This Aite Group white paper examines card-not-present (CNP) fraud, which now represents 45% of total U.S. card fraud, and provides an overview of new technologies available to issuers and merchants to blunt the impact of cyber threats.
Visa Stock Analysis Report
This document provides a stock analysis report on Visa by Birkey Investment Group. It summarizes the payment card industry, analyzes Visa's financial performance and position within the industry, and recommends purchasing Visa stock. Visa dominates the global payment processing market with over 50% of transactions. It has strong financial trends in revenue, earnings, and margins that distinguish it from competitors like MasterCard. Visa's recent acquisition of Visa Europe will help it grow further in the European market. Based on this analysis, the report recommends Visa as a solid investment opportunity.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Fintech investment latin america 2020
The document analyzes fintech investment and deals in Latin America in 2020. Some key points:
- Total fintech investments in Latin America reached a record $3 billion in 2020, up from $2.64 billion in prior years.
- Brazil accounted for the majority (75.8%) of investments, followed by Mexico (13.8%). Neobanks, payments, and digital banking were the most funded sectors.
- There were 9 mega-rounds (over $100 million) in 2020 compared to 6 in 2019. This included 5 new fintech unicorns.
- Mergers and acquisitions also grew, with 26 deals in 2020 compared to 16 in 2019. The largest was Stone's $
Dorado TrendWatch Q3 2016
Snarky review of electronic payments; published late due to Hurricane Matthew and two fishing trips to Baja, Mexico.
Netwealth educational webinar - Top 10 learnings from Silicon Valley fintech ...
Michelle Baltazar, Director of Media at Financial Standard, shared digital trends and insights that are set to impact the financial planning industry, gained first hand from her recent tour of Silicon Valley.
What Businesses Need to Know About Changes to Credit and Debit Cards
The United States is transitioning to more secure payments. Debit and credit cards are being issued with chips on them, which will increase security and could boost consumer confidence. The new chip cards require everyone in the payment ecosystem to adopt new technology—including point of sale terminals—to protect from fraud.
Is your business prepared for the change?
Stephanie Ericksen, Vice President of Global Risk Products at Visa, talks about the move to EMV cards, the effects the switch will have on businesses large and small, and the upcoming liability shift for in-person transactions.
This event is part of Business Forward’s series that connects you with the latest business practices that you may want to integrate into your own operations.
Similar to CHIP AND PIN CARD MOMENTUM IN THE U.S. (20)
The Future of Payments: Next-Gen Payment Processing Technologies
The Future of Payments: Next-Gen Payment Processing Technologies
Most promising current and future payment technologies | SG Analytics
Most promising current and future payment technologies | SG Analytics
Big data analytical driven fraud detection for finance; banks and insurance
Big data analytical driven fraud detection for finance; banks and insurance
Australian Payments Network - Digital Economy Report, June 2018
Australian Payments Network - Digital Economy Report, June 2018
Card Not Present (CNP) Fraud in a Post-EMV Environment: Combating the Fraud S...
Card Not Present (CNP) Fraud in a Post-EMV Environment: Combating the Fraud S...
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...
Netwealth educational webinar - Top 10 learnings from Silicon Valley fintech ...
Netwealth educational webinar - Top 10 learnings from Silicon Valley fintech ...
What Businesses Need to Know About Changes to Credit and Debit Cards
What Businesses Need to Know About Changes to Credit and Debit Cards
More from HOTEL NEWS NOW (STR)
5 things to know about Easter hotel performance
This document analyzes hotel performance data over the 2016 Easter holiday weekend. It reports that among major global markets, Kyoto, Japan and Macau, China had the highest Easter eve occupancy rates at 98.4% and 98.1% respectively. In the US, New York City and the Florida Keys had the highest Easter eve occupancy rates at 92.2% and 91.5%. Additionally, Easter eve average daily rates in the US have exceeded $100 for the past five years, with only 2008 previously reaching over $100. Globally, hotel occupancy and rates are typically higher on the Saturday before Easter than on Easter Sunday itself.
Consumers Don't Know Much About Cybersecurity
At a time when hotels need to take every precaution to avoid falling victim to a data breach and being branded as insecure, consumers don't seem to know much about the security issues that worry them.
The Biggest Hotel Companies by Market Cap
Marriott International and Hilton clearly lead the way for publicly listed hotel companies in terms of market capitalization, but both lag well behind the largest players in the overall world of travel.
3 Top Tech Trends for 2017
Sabre Labs has identified three emerging technologies that could influence the travel industry this year.
The In-Room Tech Guests Really Want
A recent survey of U.S. guests from Oracle Hospitality and Phocuswright shows that guests have strong opinions about in-room Wi-Fi. temperature and light controls, entertainment and technology-assisted housekeeping.
Jan Freitag’s 5 things to Know U.S. January Performance Data
Luxury and upper upscale hotel chains saw RevPAR growth of 7.1% and 4.3% respectively in January, driven by healthy increases in average daily rates. The inauguration of the US President led to double-digit RevPAR growth in 10 markets including Washington D.C. at 77.1%, boosting occupancy and rates. However, outside the top 25 markets, hotel occupancy remained below 50% for January.
The World's Largest
A glance at the world's largest hotel companies, brands, properties, pipelines and global markets by room count. All figures are as of December 2016, according to STR.
Some guests will share data for rewards
New research from GfK shows roughly a quarter of consumers are willing to be open with companies about their personal data if they're getting something in return.
Jan Freitag’s 5 things to Know U.S. December Performance Data
Closing out a year of both new records and disappointments, U.S. hotel performance in December was decidedly average.
How Corporate Travelers Use Mobile
Widespread adoption of smartphones has changed corporate travel habits, but behaviors vary between the U.S. and Europe.
Jan Freitag’s 5 things to Know U.S. October Performance Data
Key performance indicators, as expected, show the hotel industry riding out the curve in October, with RevPAR growing for the 80th straight month, but at the slowest rate this year.
5 things to know about Thanksgiving Travel
Data suggests hoteliers in top markets for Thanksgiving travel should prepare for a record number of guests this holiday weekend.
Defend against these types of data breaches
Hackers take numerous approaches to probe for and exploit weaknesses in corporate computer systems in their hunt for valuable personal and financial information.
Jan Freitag’s 5 things to Know U.S. August Performance Data
As supply continues to increase and widen its lead over demand, the U.S. hotel industry reported continued occupancy declines, as occupancy fell 0.4% in August. Jan Freitag, SVP of lodging insights at STR, HNN’s parent company, gives his take on how the chain scales performed, which markets show above-average supply growth and more.
Marriott & Starwood by the numbers
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide resulted in a behemoth of 27 hotel brands.
Here’s a look at some of the numbers at play in the deal.
Expectations for mobile
A recent survey of executives from Open Mobile Media shows how the business community expects to prioritize mobile development.
Mobile is Everywhere for Hotel Guests
Mobile devices like smartphones are ranked as the most important travel accessory, and potential guests use them to book travel in various situations, according to data from Hotels.com.
Utilities & Labor Costs at a glance
The 2016 HOST Almanac indicates utility costs were down across the country in 2015 and were particularly low in the central regions. Labor costs are poised to increase in many markets over the next few years. Data from the 2016 HOST Almanac shows the regions with the highest labor costs were the Mid-Atlantic, Paci c and East North Central.
10 ways to improve your hotel’s Pinterest strategy
Hotel marketers should consider Pinterest a priority since it plays a key role at both the aspirational and planning stages of the travel-decision-making process.
5 Takeaways from June’s U.S. Performance Data
The hotel industry has reached the halfway point in 2016 as the current cycle continues to unwind. Here’s a look at five things to know about June’s hotel performance data from STR, HNN’s parent company.
More from HOTEL NEWS NOW (STR) (20)
Jan Freitag’s 5 things to Know U.S. January Performance Data
Jan Freitag’s 5 things to Know U.S. January Performance Data
Jan Freitag’s 5 things to Know U.S. December Performance Data
Jan Freitag’s 5 things to Know U.S. December Performance Data
Jan Freitag’s 5 things to Know U.S. October Performance Data
Jan Freitag’s 5 things to Know U.S. October Performance Data
Jan Freitag’s 5 things to Know U.S. August Performance Data
Jan Freitag’s 5 things to Know U.S. August Performance Data
10 ways to improve your hotel’s Pinterest strategy
10 ways to improve your hotel’s Pinterest strategy
Recently uploaded
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
20240607 QFM018 Elixir Reading List May 2024
Everything I found interesting about the Elixir programming ecosystem in May 2024
How to Get CNIC Information System with Paksim Ga.pptx
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
A tale of scale & speed: How the US Navy is enabling software delivery from l...
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
20240609 QFM020 Irresponsible AI Reading List May 2024
Everything I found interesting about the irresponsible use of machine intelligence in May 2024
Pushing the limits of ePRTC: 100ns holdover for 100 days
At WSTS 2024, Alon Stern explored the topic of parametric holdover and explained how recent research findings can be implemented in real-world PNT networks to achieve 100 nanoseconds of accuracy for up to 100 days.
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
Maruthi Prithivirajan, Head of ASEAN & IN Solution Architecture, Neo4j
Get an inside look at the latest Neo4j innovations that enable relationship-driven intelligence at scale. Learn more about the newest cloud integrations and product enhancements that make Neo4j an essential choice for developers building apps with interconnected data and generative AI.
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIVladimir Iglovikov, Ph.D.
Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
This presentation delves into the journey of Albumentations.ai, a highly successful open-source library for data augmentation.
Created out of a necessity for superior performance in Kaggle competitions, Albumentations has grown to become a widely used tool among data scientists and machine learning practitioners.
This case study covers various aspects, including:
People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
Key insights include the importance of automation, making the adoption process seamless, and leveraging offline interactions for marketing. The presentation also emphasizes the need for continuous small improvements and building a friendly, inclusive community that contributes to the project's growth.
Vladimir Iglovikov brings his extensive experience as a Kaggle Grandmaster, ex-Staff ML Engineer at Lyft, sharing valuable lessons and practical advice for anyone looking to enhance the adoption of their open-source projects.
Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentationsUni Systems Copilot event_05062024_C.Vlachos.pdf
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Discover the seamless integration of RPA (Robotic Process Automation), COMPOSER, and APM with AWS IDP enhanced with Slack notifications. Explore how these technologies converge to streamline workflows, optimize performance, and ensure secure access, all while leveraging the power of AWS IDP and real-time communication via Slack notifications.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
Building RAG with self-deployed Milvus vector database and Snowpark Container...
This talk will give hands-on advice on building RAG applications with an open-source Milvus database deployed as a docker container. We will also introduce the integration of Milvus with Snowpark Container Services.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Presentation of the OECD Artificial Intelligence Review of Germany
Consult the full report at https://www.oecd.org/digital/oecd-artificial-intelligence-review-of-germany-609808d6-en.htm
Securing your Kubernetes cluster_ a step-by-step guide to success !
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Recently uploaded (20)
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
How to Get CNIC Information System with Paksim Ga.pptx
How to Get CNIC Information System with Paksim Ga.pptx
A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...
20240609 QFM020 Irresponsible AI Reading List May 2024
20240609 QFM020 Irresponsible AI Reading List May 2024
Pushing the limits of ePRTC: 100ns holdover for 100 days
Pushing the limits of ePRTC: 100ns holdover for 100 days
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Building RAG with self-deployed Milvus vector database and Snowpark Container...
Building RAG with self-deployed Milvus vector database and Snowpark Container...
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Presentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of Germany
Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
CHIP AND PIN CARD MOMENTUM IN THE U.S.
- 1. © 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards Source: Visa 1 October 2015 was the official kickoff requiring chips in credit cards in the United States. It typically takes a few years to reach critical mass, but data from Visa suggests progress and momentum as banks issue more cards, businesses activate chip terminals and consumers increasingly make secure chip transactions. CHIP AND PIN CARD MOMENTUM IN THE U.S. CHIP CARDS IN THE U.S. 141.9 MILLION IN BRAZIL 129 MILLION IN UNITED KINGDOM 124 MILLION THERE WERE NEARLY 60 MILLION TRANSACTIONS TOTALING MORE THAN $3.6 BILLION IN PAYMENT VOLUME IN AUGUST Consumer and business awareness is also high. About 89% OF CONSUMERS and 95% OF BUSINESSES are aware of the move to chip cards. *Data as of 31 August 2015 301,000 MERCHANT LOCATIONS ARE CHIP-READY (547% YEAR-OVER-YEAR INCREASE) ABOUT HALF OF THE PAYMENT VOLUME TOOK PLACE AT SMALL BUSINESSES