Despite news coverage and social media frustration focusing on perceived shortcomings of credit cards with EMV chip technology, nearly 4 in 5 Americans view chip cards positively.

In 2009 a hacker embedded malware on the point-of-sale (PoS) equipment at a Seattle eatery known as the Broadway Grill.

The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments.

The National Retail Federation said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN to minimize risk.

A survey has found that that 56 percent of consumers are unaware of what an EMV or 'chip' credit card is.
 

A U.S. appeals court said the FTC has authority to regulate corporate cybersecurity.
 

First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics. 

Shoppers are using a larger variety of payment options with digital and mobile payments serving as supplements to the traditional cash and card-based payments tools.