5 Must-Reads This Week: EMV Aftermath, Venmo and ATM by Android Pay

June 3, 2016 CO-OP Financial Services

Insight Vault Week in ReviewAfter EMV Shift, How Safe Are Card Transactions?
Nerd Wallet
Last October’s EMV liability shift has changed card security, but are card transactions in fact safer? This consumer story explains the benefits – and shortcomings – of EMV chip technology, tokenization, mobile payments and more.

 

Will MasterCard’s M/Chip Fast Initiative Speed EMV?
PYMNTS
MasterCard says counterfeit card fraud was down 39 percent for chip-enabled merchants as of January 2016. What was up? Consumer frustration with slow EMV transaction times at the register. Can MasterCard’s new M/Chip Fast initiative speed the process?

 

Will Square Cash or Venmo Ever Become a Real Business?
Motley Fool
Both apps are in enviable positions with their relatively large user bases and strong payment volumes. Turning those assets into revenue and profits, however, remains a challenge without a clear answer.

 

Bank of America Debuts Cardless ATM Access via Android Pay
Mobile Payments Today
This year Bank of America will introduce card-free ATM access at 5,000 terminals nationwide, but that’s not the only news. The bank will also enable cardless ATM access via Android Pay, according to a press release.

 

Are We Looking to Asia to be the Fintech Leader?
Let’s Talk Payments
Plenty of people think of the western world as the primary source of financial technology businesses, but a wide range of economists and businesspeople disagree. Is Asia a major and underestimated force in the world of fintech innovation?

The post 5 Must-Reads This Week: EMV Aftermath, Venmo and ATM by Android Pay appeared first on Insight Vault.

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