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Yearly Archives: 2015

FBI Warning Over EMV

FBI has now posted a revised version of the warning about vulnerabilities with new chip-embedded credit cards. Full details are available here. Many merchants as well as banks, have already adapted the new EMV terminals as well as replaced hundreds of millions of traditional cards. While the EMV cards are meant to offer higher security,…
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Visa Inc. to buy Visa Europe for a whopping $23.4 billion

Global credit card giant, Visa Inc, has finally made public its attempt to purchase London-based Visa Europe Ltd., in a cash, stock, and earn-out deal valued at $23.4 billion. The deal will once again reunite Visa Inc. and its long lost counterpart Visa Europe, into a single global company. Visa Inc and Visa Europe, a…
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