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Bankers: Retailers Are Wrong About EMV

One reader says retailers are merely using the chip-and-PIN debate to shift attention from their own “lax” security practices. The Wall Street Journal article about EMV credit card security sparked a debate among readers. Most U.S. banks and credit unions say they have opted for signature-based EMV transactions because they don’t want to confuse consumers who are accustomed to entering PINs only for debit purchases. But retailers argue that’s not the case, and that banking institutions are merely trying to get around implementing stronger technology.”]

Source: https://www.bankinfosecurity.com/blogs/bankers-retailers-are-wrong-about-emv-p-1796

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