The Case for Chip-and-PIN Cards Post-Target Breach
January 23, 2014 12:58 PM
3:07 The massive Target data breach has reignited the debate over whether banks should do more to improve the security of the cards they issue in the United States. American Banker editors discuss why financial companies have been reluctant to upgrade their magnetic-stripe cards to the more secure chip-and-PIN cards used internationally, and what if anything the Target breach changes.