Ingenico Experts / Shaping the future of payment
Nearly three-quarters of infosec professionals think companies will stop using passwords to authenticate accounts by 2025.
According to latest figures released by EMVCo, around 4.8 billion cards were in circulation in 2015, up by 1.4 billion on the previous year.
MasterCard has lifted the lid on a new program designed to expedite the certification process for merchants looking to adopt EMV.
Financial institutions and e-commerce companies will spend $9.2bn on online fraud detection, according to a study carried out by Juniper Research.
In a bid to make it more convenient for customers to process payments using new chip cards recently introduced in the US, MasterCard has launched its new M/Fast solution to help.
Most consumers have at least one chip card but not all merchants are ready for EMV and the devices that are least likely to be upgraded are mPOS.