Arroweye Solutions, the only digital On-Demand payment technology firm, has been selected to provide EMV prepaid cards for The Card Collaborative International (TCCI). The flexibility of Arroweye’s Digital On-Demand model allows for better responsiveness to customer needs, and ensures that TCCI can better serve its clients, and slash lead times by putting cards in customers’ hands in days, not weeks.
Mark your calendar: October 1. That is when the rules of who picks up the losses for fraudulent use of credit cards shifts. There will be winners, there will be losers, and you definitely want to know how to maximize your safety.
Arroweye Solutions, the only digital on-demand payment technology firm, is now offering enhanced EMV credit and debit card production capabilities for banks, credit unions and prepaid card providers that are preparing for the October 2015 EMV liability shift.
Fifty-four percent of those 2014 breaches related to identity theft; 17 percent to financial access; and 11 percent to account access. And in that year, 32 data records were lost or stolen every second—averaging out to almost 2.8 million a day. In a world of widespread breaches, card issuers must look at reissuance as an opportunity.