transactions payment card industry chip and pin

Whitbread serves up £1m saving on card payments

News Whitbread information systems project manager, Steven Deakin, said in a statement: "Deployment of the integrated payment solution is a groundbreaking step for the leisure industry and means we have the first large restaurant chain with a... [07 May 2008]

Cheat Sheet: Chip and PIN

Cheat Sheet Since Chip and PIN was launched Apacs, the UK payment industry body, says it has had a significant impact in reducing fraud. The banking industry is addressing the issue of card-not-present fraud by working on the next generation of fraud... [13 Jun 2007]

Would you credit it? The debit card turns 20

News Cunnington said the recent introduction of chip and PIN payments was another big change for debit card transactions. The ability to make a payment accurately without having to send off a cheque has created this online channel for retailers. [01 Jun 2007]

Online fraud up but card fraud down

News The banking industry is working on the next generation of fraud prevention for card-not-present transactions - such as a handheld chip and PIN device developed by MasterCard and Visa, for use with internet shopping. [15 Mar 2007]

Chip and PIN rollout '95 per cent complete'

News Valentine's Day this year marked the day when retailers who accept payment by credit and debit card with a signature rather than a PIN number became liable for any loss if the transaction proves to be fraudulent. [27 Nov 2006]

Is chip and PIN really a success?

News They say while more than 150 chip and PIN transactions are processed every second counterfeit card fraud in 2005 was cut by nearly £60m - a drop of 24 per cent compared to 2004. In Eastern Europe [Hungary and Russia] they have a much better system... [15 Aug 2006]

Plastic for the people - cash ditched for cards

News The results come six months after high street retailers implemented chip and PIN technology in their shops with the intention of making card payments a more secure process. Further reading.  Cheat Sheet: Chip and PIN   Cheat Sheet... [01 Aug 2006]

Buy a burger with your mobile - the future of payments

News The UK is still way behind the US on this - after all UK banks are still rolling out chip and PIN technologies. But few burger fans will have realised that the contactless payment card they used to pay for their lunch is going to shake up the... [11 Oct 2005]

Chip and PIN credited for £36m drop in card fraud

News Payment industry body Apacs claims the drop in fraud is a result of the increasing use of chip and PIN technology to authenticate card payments on the high-street. Card fraud has fallen by £36m in the first six months of this year following the... [10 Oct 2005]

Chip and PIN heads for cyberspace

News There are around 140 million payment cards in circulation in the UK and 107 million are now chip and PIN cards. Apacs is working with the banking industry to develop a standard for chip and PIN card readers for the home. [27 Sep 2005]

UK card fraud fall will mean rise in ID theft

News Although banks and financial institutions are hoping soon-to-be-introduced Chip and PIN will cut fraud losses, the new technology won't affect card-not-present fraud. Card-not-present fraud - often online transactions where the cardholder can't... [26 Aug 2004]

£400m card-fraud fight aided by intelligence systems

News APACS said the introduction of chip and PIN, which will replace signatures with a PIN number for verifying payments at checkouts, will help tackle fraud on lost, stolen and counterfeit cards, which accounted for over half of all plastic-card fraud. [09 Mar 2004]

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