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Slow EMV Conversion Invites Fraudsters to Self-Serve at Gas Stations

FICO

With an October 1, 2020 deadline to have EMV chip card readers installed on the nation’s 1 million fuel dispensing pumps, the number that remain to be converted could be as high as 75%, industry experts say. Lowest 3 fraud rate states: New Hampshire, Alaska, Maine. How FICO pinpoints fraudulent fuel transactions.

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CFPB highlights credit card complaints in fourth monthly complaint report

CFPB Monitor

The new report highlights credit card complaints and complaints from consumers in the Chicago, Illinois metro area. General findings include the following: As of October 1, 2015, the CFPB handled approximately 726,000 complaints nationally, including approximately 23,400 complaints in September 2015.

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CFPB July 2016 complaint report highlights credit card complaints, complaints from Washington consumers

CFPB Monitor

CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.

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CFPB December 2016 complaint report highlights debt collection complaints, complaints from Arizona consumers

CFPB Monitor

General findings include the following: As of December 1, 2016, the CFPB handled approximately 1,058,100 complaints nationally, including approximately 23,100 complaints in November 2016. Prepaid cards also showed the greatest decrease based on a three-month average in the November 2016 complaint report.

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CFPB November 2016 complaint report highlights other financial services complaints, complaints from Oklahoma consumers

CFPB Monitor

General findings include the following: As of November 1, 2016, the CFPB handled approximately 1,035,200 complaints nationally, including approximately 27,000 complaints in October 2016. The report also highlights complaints from consumers in Oklahoma and the Oklahoma City metro area.

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CFPB January 2017 complaint report highlights mortgage complaints, complaints from Tennessee consumers

CFPB Monitor

General findings include the following: As of January 1, 2017, the CFPB handled approximately 1,080,700 complaints nationally, including approximately 22,900 complaints in December 2016. Prepaid cards also showed the greatest decrease based on a three-month average in the November and December 2016 complaint reports.

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

The world’s largest card network showed up again in the news cycle earlier this week with another big pair-up play: jointly announcing with PayPal their plans for extending their strategic partnership in the Asia-Pacific market. Last week, Visa and Samsung announced a joint partnership that will allow Samsung Pay users in the U.S.

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