Tag Archives: EMV Cards

Philippines – BSP urges depositors to ask for EMV-enabled ATM cards

By | June 21, 2017

he Bangko Sentral ng Pilipinas (BSP) on Wednesday said clients must ask their banks to replace their automated teller machine (ATM) cards with the latest Europay, MasterCard, Visa or EMV-enabled cards. “We’re calling on depositors, all banking clients, that if they haven’t yet changed their cards to EMV,” they should do so, BSP Assistant Governor Chuchi G. Fonacier… Read More »

India – AXIS BANK, KMRL Launch KOCHI1 Card For Commuters

By | June 17, 2017

Kochi: Axis Bank, India’s third largest private sector bank in association with Kochi Metro Rail Corporation (KMRL) has launched KMRL Axis Bank ‘Kochi1’ Card, India’s first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi.  Axis Bank has partnered with National Payments Corporation of India (NPCI) in… Read More »

USA – Your new EMV credit card still has a stripe, and you are still at risk of skimming

By | April 23, 2017

BY NEAL CUSTER My card has a chip, so how did I get skimmed? In past columns, we discussed the adoption of the credit/debit card EMV system (known as “the chip” to everybody outside Europe) and the subsequent implications for consumer fraud protection. With very little fanfare, at the beginning of the year nearly every cardholder received a… Read More »

UnionPay Signs Agreement with DIBP for NFC, EMV Card

By | March 18, 2017

UnionPay International, the Global Leading Payment Network and Dubai Islamic Bank Pakistan (DIBP), Pakistan’s premier banking institution have entered into a historic agreement to issue UnionPay QuickPass (NFC) and EMV Chip Cards in Pakistan. With this initiative, DIBP will become the first Islamic bank in Pakistan to issue UnionPay QuickPass (NFC) enabled cards to its customers that allow… Read More »