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EMV Credit Cards are Coming. Is your Business Ready?
"If we are going to have a massive infusion to replace the infrastructure, card-not-present fraud needs to be addressed early in the process, so we don’t have a blind spot where fraudsters have a wide open field," says Eric Lindeen, marketing director for Zoot Enterprises http://www.zootweb.com/index.html , a Bozeman, Mont., firm that provides credit decision and loan origination solutions to financial institutions.
The days of the credit card’s magnetic stripe appear numbered, with special-chip, or EMV, credit cards poised to immigrate onto America’s payments landscape.
Read more: http://www.bankrate.com/finance/credit-cards/emv-credit-cards-1.aspx#ixzz3TYXBIQ3y
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