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By the end of 2015, losses due to credit card fraud in the U.S. are expected to exceed $10 billion. This makes the transition from mag-stripe to EMV chip-and-PIN cards even more important as the industry moves toward the first major deadline in the EMV shift process, according to the Hoboken, N.J.-based IT consulting firm eMazzanti Technologies.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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