Retail federation says without PINs, chip cards make little sense. Visa and MasterCard disagree.
Potential business benefits of the EMV chip outweigh even its anti-fraud value.
Ever think about how tough it must’ve been to catch criminals in the Wild West, relying just on wanted posters and word of mouth?
Visa USA has reported that U.S. financial institutions have issued more than one million credit and debit cards that use information on embedded computer chips to validate transactions instead of magnetic stripe technology.
CUNA Mutual's senior risk management consultant says now is the time.
NAFCU poll finds credit unions spending an average of $165,000 each on card fraud prevention in 2010.
Chip-based smart cards offer opportunity for credit unions while smartphones take a lead in challenging plastic.
The $3.1 billion United Nations Federal Credit Union has become the first financial institution in the U.S. to issue the sort of chip and pin credit card that members will be able to easily use both in the U.S. and overseas.