Technology

What the EMV?!

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Most people understand what the acronyms OMG, SMH, and LOL mean. But what about EMV? You may have heard of EMV, and possibly have seen new EMV readers at retailers, but what exactly is it? More importantly, why should you care? EMV stands for Europay, MasterCard, Visa (the three companies that developed the technology) and is a new security feature embedded in ATM, debit, and credit cards. Instead of the old method of storing your information on a magnetic stripe, EMV cards store your information on a “chip”, which is a small integrated circuit. EMV cards are not “swiped” at...
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How Technology is Redefining Banking

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Don’t let new technology leave you in the dust! Products are advancing faster than ever, and it is our job to keep up – or get left behind. Much of this technology is slated drastically change the way we go about our day-to-day-lives and activities. With so many new avenues changing, some people may become overwhelmed at the idea of becoming familiar – and eventually experts – with so much new technology. So when it comes to banking, we want to give you a peek on what new technology you really should be focusing on. More focus on mobile and online According to...
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