Is EMV solving the fraud problem?Short answer: No.But, to be fair, EMV is not designed to solve the entire fraud problem — rather, it addresses one piece of the puzzle, namely counterfeit card fraud. While the U.S. conversion to EMV is not yet complete, Mercator Advisory Group is tracking its progress:84 percent of U.S. general purpose credit cards will have EMV chips by the end of 2016.3 in 5 American adults now own at least one EMV chip card.EMV card conversion is projected to be complete by the end of 2018.Nearly 50 percent of in-store credit card transactions will be “chip on chip” this year.While more and more cardholders are using EMV at the point of sale, merchant adoption is still spotty. “Delays in the certification and activation of merchants’ point-of-sale terminals has introduced a significant lag between the distribution of EMV-capable terminals and the enablement of those terminals,” says the Mercator report “EMV in 2016: Breaking through the Bottleneck.” This state of affairs has consumers and merchants frustrated, even as EMV moves forward.Other Types of Fraud SurgeMeanwhile, other types of fraud seem to be having a heyday. FICO reports that ATM skimming rose 546 percent between 2014 and 2015 – in large measure because EMV at the ATM has been slower to roll out. continue reading » 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Kemal Sadikoglu, Dynasty GamingKemal Sadikoglu, the former Director of Team Secret, has today announced the creation of a brand new esports team; Dynasty Gaming. After heading up Team Secret on the business side for over two years, Sadlikoglu has decided ‘the time is right to re-focus the players in a new team’. The founder of Team Secret, Clement “Puppey” Ivanov, will continue to concentrate on his DotA 2 team and the upcoming TI7.Sadlikoglu joined Team Secret in the spring of 2015, and whilst the organisation was embroiled in some notable scandals during this period around money reportedly owed to players, in both Vainglory and CS:GO they performed well. Dynasty Gaming will be made up of the ex-Team Secret roster with the exception of the DotA 2 team. As such the all female CS:GO team, who are undefeated for the last year and a half and ranked 42nd on GosuGamers, is currently heading to DreamHack and will be donning their new Dynasty jerseys. The former Secret Vainglory team, who are three time European champions, will also be moving over, as is Super Smash player Silent Wolf. Dynasty Gaming’s CS:GO team will be in action this weekend, whilst the Vainglory Summer split begins next week and there’ll be SSBM action in July.Kemal Sadikoglu said of the announcement: “This is a really exciting time for esports and the players who are joining us are keen to get into action under the new Dynasty Gaming banner. We already have some heavy hitting champions on our roster and are ready to create even more.“I want to put on record my thanks to Puppey and Team Secret for the great wins we had together and wish them all the best for the future.”Sadikoglu is also planning to expand the new team, by bringing in new talent in titles such as PUBG, H1Z1 and is reportedly exploring other possibilities in Street Fighter and FIFA. Sebastien “cOucOu” Caly and Julia “juliano” Kiran will support the management of the players and ex-Fnatic Head of Commercial Darren Newnham will be working on brand partnership and sponsorship opportunities for the team.If you have any questions you can contact [email protected], for team enquiries email [email protected] and for business opportunities please get in touch with [email protected] Esports Insider says: We see new teams emerge fairly regularly but one that is born out of Team Secret makes for more of a worthwhile announcement. Evidently, CS:GO, Vainglory and Super Smash Bros is just the start and it’ll be interesting to see how quickly they expand. The choice of PUBG and H1Z1 rather than the likes of League, Overwatch or Rocket League is a surprising one.