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Why EMV Chips Are Suddenly Hot
March 20, 2014

The fraud-fighting EMV chips that are a card-industry standard in Europe finally appear to be on the verge of becoming one in the U.S. Editors discuss why now and what the diffusion of the technology will mean for bankers and merchants.

Certain images courtesy of Shutterstock

Comments (1)
EMV chips are suddenly hot because the retail industry is using this issue as a foil to pass the buck on their member's deficient security systems that cause these massive breaches. This is a retail industry manufactured issue to deflect blame. EMV chips were coming anyway, and there is nothing new here except the retail industry using this issue as a straw man to shield them from their own weaknesses.
Posted by commobanker | Thursday, March 20 2014 at 12:52PM ET
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