Mar 032016

Security Chip Technology Helps to Reduce Fraud

Posted on March 03, 2016 Blog, Group A

  Chip-enabled debit and credit cards are becoming the standard for businesses and consumers. You may have noticed over the recent months that your credit unions or banks have begun to issue new debit or credit cards with a small metallic chip known as an EMV chip. The goal of this technology is to aid in the efforts of decreasing consumer fraud by adding an additional layer of security. According to a report published by Javelin, about 31.8 million U.S. consumers had their credit card information stolen in 2014. This is a growing problem that EMV chip technology seeks to

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