New eftpos debit, credit chip cards include EMV security
Australian banks have begun rolling out debit and credit cards that feature a new eftpos chip designed to reduce fraud. The card features Europay, MasterCard and Visa (EMV) security.
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News about EMV
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ANZ Bank to launch EMV secure ATM service
ANZ Bank will be rolling out a Europay, MasterCard and Visa (EMV) secure solution that reads credit or debit card data without the user having to insert their card into the ATM during 2015.
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AusCERT 2013: Police urge banks to install ATM chip technology
Australians will continue to be ripped off by international crime syndicates unless banks fast track the rollout of ATM chip technology, according to Queensland Police Detective Superintendent Brian Hay.
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Credit card vulnerability still alive and well - AusCERT 2011
Global banks are yet to solve a vulnerability in the Europay, Mastercard and Visa (EMV) integrated circuit standard first rolled out in 2003, allowing hackers to place Trojan devices on point of sale hardware to harvest user and credit card information.
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MasterCard Australia outlines card security roadmap
International card provider, MasterCard, has outlined a five-year plan for making its Australian network more secure through the use of card security measures, such as the Europay, MasterCard and Visa (EMV) standard.