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Topic

Payment card security

Security of credit and debit card systems, including chip, contactless and card-not-present transactions, and the fraud controls used by networks and issuers.

Current clusters

security5 publishers

Zombie cards: expired plastic still pays because nobody owns the expiry check

UMass Amherst researchers bought groceries with an expired contactless card. The date that is supposed to kill it is unsigned, zeroed out before the issuer sees it, and checked by nobody in particular.

Perspective Coverage

5 publishers
Builder
Builder 42%
Operator
Operator 51%
Investor
Investor 7%

Reality

Evidence72
Adoption
Insufficient
Hype gap+25
Incentives30
Confidence70