Having been in the card an online payment industry for over 25 years and seeing in my own lifetime the change of the banking industry moving to electronic payment and card payment in particular, it has always the perennial question has always fascinated me on when cash will become a very minor mechanism for the…
The other day I came across this interesting article about cloning EMV cards it makes a number of pretty bold claims including the following: I differentiated pages instead using the EMV Unpredictable Number field – a 32 bit field that’s supposed to be unique to each transaction. I soon got muddled up… it turned out…
New products, new channels, massive technological change and all bundled up into two major releases each year by the card schemes, well, as it says in each closing episode of Frasier – ‘What is a boy to do’ Put simply, the ambition to keep interchange fee structures as simple as possible is under constant challenge…