More big announcements on the EMV front today, including news from Citibank and American Airlines that they planned to jointly issue the Citi Executive AAdvantage Card, a card priced for high rollers ($450 annual fee).
This comes on the heels of the Visa announcement that it will now support chip and PIN in credit cards issued in the U.S.
Expect many more financial institutions now to climb aboard chip and PIN, said a credit union pioneer in this technology.
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