chip-and-pin

£1.1bn anti-fraud card scheme still on track

News The delivery of new anti-fraud 'Chip and PIN' credit and debit cards to bank customers in the UK is lagging behind schedule, but the organisation behind the £1.1bn scheme claims the rollout is still on track. [26 Jan 2004]

McNealy: Crisis? What crisis?

News Trying to pin McNealy down on Sun's financial situation and alarming revenue declines in its core business areas is met with short shrift and his now stock response “cashflow positive in nine straight quarters, and $5.5bn in the bank”. [04 Dec 2003]

The Weekly Round-Up: 21.11.03

Round-Up First stop Paris where the largest credit card companies in the world were convening to talk chip and PIN and card security at the Cartes 2003 Expo.surely there the Round-Up would find some answers. When shopping online consumers simply insert... [21 Nov 2003]

£110m internet card fraud down to shoppers

News The move by APACS is intended to cut the high losses from 'card not present fraud', which are second only to counterfeit card fraud - which is being tackled by the chip and PIN initiative that will see signatures replaced by PIN numbers for... [10 Nov 2003]

Homebase goes nationwide with chip and PIN

News Homebase was one of the stores that took part in the Northampton 'chip and PIN' trials earlier this year where people were issued with the new smart bank cards that use PIN authorisation at checkouts instead of a signature. [06 Nov 2003]

M&S spends £4m on fraud-fighting card tech

News The high-street chain took part in the Northampton trial of the 'chip and Pin' secure cards earlier this year and has now almost finished equipping all its stores with the hardware and software to accept the new cards at its cash tills. [06 Oct 2003]

£1.1bn fraud-busting bank card scheme goes nationwide

News The 'Chip and Pin' project, which is backed by payment clearing body APACS, banks and the British Retail Consortium aims to issue 42 million people with 120m of the new cards by 2005. Sandra Quinn, spokeswoman for APACS, said: "The first chip and... [02 Oct 2003]

Retailers warned over £1.1bn fraud-busting scheme

News More than 120,000 people in Northampton, which is demographically representative of the UK average, spent three months testing the 'Chip and Pin' credit and debit cards that use a secure chip, which replaces the magnetic strip, and a PIN number at... [11 Sep 2003]

McDonald's adds card payments to menu

News Under the six-year deal with Transaction Network Services, McDonald's is currently installing the latest point-of-sale (POS) equipment in Northampton as part of the chip and PIN credit card trials that will see PINs keyed in at cash till terminals... [29 Aug 2003]

Consumers happy with chips

News Chip and PIN technology for credit cards that will replace the signing of paper receipts at check-outs has been given the thumbs up by consumers, according to new research. The study, commissioned by Visa, shows that 96 per cent of UK consumers are... [28 Jul 2003]

Banks tackle card crime with ‘smart’ chips

News Northampton has been chosen as a pilot for the ‘Chip and Pin’ scheme that is intended to be rolled out nationwide to 40 million card holders by 2005. Sandra Quinn, spokeswoman for the Chip and Pin scheme, said in a statement: “The trial is the... [19 May 2003]

Intel and Via kiss and make up

News The company's chip sets must use an independently developed bus - the data path that connects the processor to main memory - and feature an independently developed pin structure, the tiny wireless that let a chip plug into a motherboard. [08 Apr 2003]

Intel's Madison chip on parade

News Both of Monday's demonstrations highlight one feature of the Madison chips: They are "pin-compatible" with their Itanium 2 predecessors, meaning that a computer can easily be upgraded with faster chips. [09 Sep 2002]

Visa's smartcard plan is as sharp as a PIN

News Visa has worked with Retail Logic (a retail technology specialist) and Streamline Merchant Services (a payment clearing organisation) to develop integrated chip and PIN technology. The project features a smartcard with an EMV (Europay, Mastercard... [23 Oct 2001]

Worldpay unveils anti-fraud system

News Payment systems specialist Worldpay has released a system to protect customers purchasing on the internet against fraud by pin-pointing the buyer's location. The other chip simultaneously provides the buyer's exact location to prove that the... [24 Sep 2001]

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