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Home News Catch-Up ATM Fraud Credit cards get a security boost as two big US banks announce trial of 'chip ... - Daily Mail
Credit cards get a security boost as two big US banks announce trial of 'chip ... - Daily Mail
Saturday, 16 April 2011 17:11

Daily Mail

Credit cards get a security boost as two big US banks announce trial of 'chip ...
Daily Mail
This has become a multi-billion-dollar problem for the banks, as most have a policy where cloned-card transactions are refunded to the customer if they can prove no wrong-doing. Using the embedded technology, the chip instantly verifies the card ...

 

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