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Is chip-and-PIN technology the panacea that it’s been made out to be? A credit card chip is pictured in this stock image. Adam Gault/Getty Images — -- A recent Gallup survey found that 69 ...
The way to stop such fraud is the “chip and pin” technology, Dan Kaminsky, founder of White Ops, a company that uses hacking methods to reduce online fraud, told FoxNews.com.
Chip-and-PIN cards are more secure, says Anisha Sekar, vice president of credit and debit products for the consumer site NerdWallet.The chips are harder to clone, reducing the likelihood of fraud.
The truth is, this new chip and PIN technology is a major upgrade for consumers, and we should all embrace the technology as a major step forward in fraud protection. Fox Business.
Observers have suggested that if EMV or chip-and-PIN cards were required throughout the U.S., a recent $45 million fraud that involved some U.S. ATMs would have been prevented. A closer look at the ...
Consumers still have not been provided the more secure chip and PIN cards. Most importantly, the banks and credit card companies still can do more to improve consumers’ financial security by ...
Retail IT prepares for new technology To get ready to accept and process chip-and-PIN cards, retailers and businesses alike will need a point-of-sale terminal that can read them.
A more secure credit card technology called chip and pin is slated to roll out next year, but with the holiday season upon us and a seemingly endless number of data breaches, this supposed answer ...
A more secure credit card technology called chip and pin is slated to roll out next year, but with the holiday season upon us and a seemingly endless number of data breaches, this supposed answer ...