May 29, 2015

Will Chip-and-Signature Be Enough to Stop Fraud?

This October, the United States will undergo a huge shift in how it processes credit and debit cards. U.S. banks seeking increased security are distributing chip-and-signature credit cards, as retailers are spending billions of dollars on upgrades to their machines to prepare for the new cards. The new cards are supposed to be more secure than the traditional strip based...