President Obama has signed an executive order to speed the adoption of EMV cards. The White House will host a cybersecurity and consumer protection summit later this year. The president also is calling on Congress to enact a national data breach notification law. The Retail Industry Leaders Association says chip-and-PIN technology will better shield U.S. consumers from fraud. The American Bankers Association says the president’s announcement is timely. The BuySecure Initiative will help drive the market toward more secure payment systems.”]
Source: https://www.databreachtoday.com/obama-seeks-to-speed-emv-adoption-a-7450/op-1