US Chip and Pin legislation driving M&A activity

Rachel Muzyczka

US credit card companies are in the midst of transitioning to the chip and pin or EMV (Short for Europay, MasterCard and Visa) standard, with retailers expected to adopt the new technology by October 2015. This means that card-present point-of-sale fraud is expected to decrease in the US while fraud from card-not-present transactions, such as online and interactive-voice-response transactions, will likely grow. …

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