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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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Bitcoin’s Resplendent Week

PYMNTS

But Takach is confident that the law will catch up with technological innovation. The state of New York, for example, rushed to develop the BitLicense, while the Canadian government issued directives only for countering money laundering using digital currencies, preferring to avoid any premature and unnecessary action. But until then….

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