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Posts Tagged ‘chip cards’

A #national retail federation attorney said Wednesday that an updated #fbi #warning on chip card vulnerabilities waters down the need for #pin #security. The FBI on Friday posted a revised warning about vulnerabilities with new chip-embedded credit cards that deletes language about the need to use PIN security, which had appeared in the FBI’s original […]

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U.S. #retailers are contemplating lawsuits against #banks and credit card companies over the slow #rollout of chip-based card technology and the possible financial #liability merchants began facing that started Oct. 1. Retailers that did not install newer chip-enabled point of sale terminals in stores, restaurants and hotels as of Oct. 1 have to pay an […]

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