Card Industry Has a Compelling Case for Data Encryption, Report Says

Quotes

1. “ Upgrading of card technologies to EMV chip cards in the United States will not occur while U.S. issuers and networks remain married to signature interchange. ”

Entities Mentioned

• Heartland Payment Systems Inc.
• United Kingdom
• Nick Holland
• EMV

1. End-to-end encryption of cardholder account data during the transaction process is an imperfect solution to payment card fraud, but it’s the most practical out there now for the U.S., a new report about fraud management from Aite Group LLC concludes. (Read Full Article)

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