Chip-and-PIN Credit Cards: Five Best Practices for Secure, Compliant Infrastructure

In October, credit card companies are rolling out a liability shift that moves the onus for fraudulent transactions away from the big three EuroPay, MasterCard and Visa and places it squarely on the shoulders of financial institutions and merchants that dont meet new EMV chip-and-PIN standards. The adoption of EMV-standard cards in Europe has prompted significant fraud reduction. In the U.K., credit card fraud dropped by 30 percent after chip and PIN cards were introduced.”]

Source: https://securityintelligence.com/chip-and-pin-credit-cards-five-best-practices-for-secure-compliant-infrastructure/