If banks can beat retailers in the race to adopt EMV technology, they may have a fraud liability advantage.
A new report from Aite Group says 70% of credit and debit cards will have EMV chips by December 2015.
The big box retailer will launch the proprietary credit cards June 23.
Chip-and-PIN cards will work at retailer terminals.
The EMV Migration Forum expects another 100 million EMV-enabled cards will be issued over the next year.
Confusion over what chip and PIN technology can and can't do has experts questioning if EMV implementation is a good idea.
Competing choices for chip-and-PIN emerging as liability deadline nears.
Qualified credit unions must use personalization processes and chip certification to match the faster program.
This Opinion piece looks at EMV as the best place for credit unions to make the move into EMV technology.
As EMV heads to U.S., some predict skimming frenzy while the fraud lasts.