Banking in Brief
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Significant benefits for Singapore banks with Europay, Mastercard and VISA initiative
Date: May 03, 2012Singapore’s migration to chip based technology adopting the EMV standard unlikely to pose technical challenge to banks, offering benefits in reducing fraud levels and supporting plans for new debit based payment programs.
Author: Carol Wheatcroft
Categories: Cards, Channels, Retail Banking, Technology & Operations
Keywords: EMV Technology, Debit Cards, Fraud, Gemalto, Association of Banks in Singapore