Recent News: NMI Acquires IRIS CRM, Expanding Deeper in the Commerce Value-Chain

Tag: EMV chips

IRIS CRM - NMI
Featured Article NMI Acquires IRIS CRM, Expanding Deeper in the Commerce Value-Chain

To meet increased demand for full commerce enablement solutions, NMI and IRIS CRM’s joint offerings better enable ISO, ISV, bank and fintech partners SCHAUMBURG, IL – JANUARY 18, 2022 – NMI, a leading full commerce enablement technology company, today announced it has acquired IRIS CRM, a premier merchant services CRM and comprehensive merchant management platform […]

New Technology Combats Credit Card Fraud New Technology Combats Credit Card Fraud
Read MoreNew Technology Combats Credit Card Fraud

Combatting credit card fraud is a huge issue in electronic payments. According to an article published on March 3, 2016 by Market Wired, “A recent survey conducted by Vantiv and Socratic Technologies found more than 40 percent of consumers have fallen victim to either credit or debit card theft or fraud.” Most credit card companies have moved […]

Liability and EMV: The Need For Upgrades Liability and EMV: The Need For Upgrades
Read MoreLiability and EMV: The Need For Upgrades

Earlier this year, at least fifty people were reported to be victims of credit card fraud at a San Anselmo gas station in California. According to Marin Independent Journal, physical skimming devices were the culprits of this security breach and had to be removed from the pumps. Similar incidents are being investigated in adjacent counties. […]

EMV chips are becoming the credit card standard and are helping to curb credit card fraud. Dipping, Tapping, or Swiping: Using EMV Chip Cards
Read MoreDipping, Tapping, or Swiping: Using EMV Chip Cards

As of Sept 30th, 2015, 120 million EMV chip cards have already been issued in the United States, and another 480 million are expected to be issued before the end of 2015. EMV chips, (short for Europay, MasterCard and Visa) — are not actually new technology. Developed in the 1990’s before online retailing had a […]

It's surprising how many small businesses are still not able to accept cards with EMV chips. Many Merchants Still Not EMV Compliant as October Deadline Looms
Read MoreMany Merchants Still Not EMV Compliant as October Deadline Looms

According to recent statistics, only 42 percent of small businesses plan to make the switch to terminals that will accept credit cards embedded with EMV chips before the October 2015 deadline. The largest barriers for small businesses to become EMV-compliant are the cost of upgrading terminals and the lack of time or resources required to […]

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