chip and pin in news
RBS trials contactless RFID-style debit cards
News The bank said 1,000 staff have so far applied for one of the specially adapted Maestro chip and PIN debit cards. An aerial in the card transmits the data to a reader at the retail store and RBS staff taking part in the pilot project will only have... [15 Jun 2006]
Retailers fail to grasp tech potential
News However, the advent of chip and PIN and trials of other changes at the point of sale (PoS) - such as contactless payments - have seen many retailers forced to update older IT infrastructure. Retailers still see technology as a means of cutting... [06 Jun 2006]
Are banks doing enough to stop online fraud?
News But all the security measures, such as key fobs and chip and PIN, are completely useless because they will never stop [fraud] altogether. Barclays Bank recently announced it is to give customers antivirus software in a bid to stop them being... [06 Jun 2006]
Boots to in-source 100 IT jobs back from IBM
News But Boots announced its intention to scale back and renegotiate the outsourcing deal with IBM earlier this year, less than halfway through the decade-long contract, because much of the IT infrastructure renewal programme - including chip and PIN... [15 May 2006]
Why Oyster's e-money plans hit the buffers
News The company is starting to introduce chip and PIN across its 50 UK sandwich shops but would welcome a switch to contactless payments to trim the queues that can result from typical credit card payments. [09 May 2006]
Shell's £1m chip and PIN fraud 'an inside job'
News A £1m chip and PIN fraud at a Shell petrol station was "an inside job", according to UK payments body Apacs. Shell suspended the use of chip and PIN payments at 600 UK petrol stations over the weekend as a precautionary measure following the theft... [08 May 2006]
Attorney general gets tough on fraud
News Since the introduction of chip and PIN technology in the UK, card fraud has fallen by 13 per cent to £439.4m in the 12 months, according to the latest figures from payments industry body Apacs. The government is to launch a national anti-fraud... [23 Mar 2006]
Skimming scares off cash machine users
News Although many ATMs have been upgraded to accept chip and PIN cards, which should offer greater levels of security, if there isn't a chip on the card the machine will then read the magnetic strip instead. [17 Mar 2006]
ID cards battle deadlocked
News Phil Booth, national co-ordinator of the No2ID campaign, said the Home Office's 'gold standard' of identity has now been reduced to little more than a bog standard chip and PIN card. Critics also rounded on the government today after the Home... [16 Mar 2006]
Boots to renegotiate £710m IBM outsourcing deal
News Boots initially signed the deal back in 2002, aiming to save £130m over 10 years with IBM managing an overhaul of Boots' IT infrastructure - data centre, in-store systems, networks and telecoms - and handling the retailer's chip and PIN rollout. [14 Mar 2006]
Paying by iris and fingerprint - the next chip and PIN?
News Stewart Hefferman, COO of ID verification company TSSI Systems, says biometrics are the way forward: "This is the next stage after chip and PIN. Cannon said: "The experience of chip and PIN is that anything that slows the payment process is unwelcome. [14 Mar 2006]
Carphone Warehouse to sell top-ups by text
News Earlier this year, Retail Decisions released research showing card-not-present fraud - the practice of using cards to buy goods by mail, telephone or internet - rose three-fold last year because chip and PIN technology has made it harder to commit... [13 Mar 2006]
Citibank card fraud - magnetic strip to blame?
News A Citibank ATM network breach in Canada, Russia and the UK could have been prevented if the bank's US customers had chip and PIN technology on their cards, a leading analyst has said. With a PIN-block, hackers break into retailer servers and steal... [10 Mar 2006]
Oxford Co-ops test fingerprint payments
News The Co-op is trialling the system in response to customers' anxieties over having to remember various PIN numbers after the deadline for compulsory chip and PIN usage passed in February. The first Oxford store to trial the biometrics system has... [08 Mar 2006]
Chip and PIN leads to fall in UK card fraud
News UK card fraud has fallen by 13 per cent to £439.4m in the 12 months since the introduction of chip and PIN technology, according to the latest figures from payments industry body Apacs. But while chip and PIN has helped reduce card fraud on the... [07 Mar 2006]
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