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Chip technology coming to U.S. credit cards

May 2, 2015/

Another factor could be that card issuers are scrambling to update their cards by October, when a crucial liability shift goes into effect. Ferenczi said that for many financial card issuers, it could be a heavy lift to update their back-end technology systems to accommodate accepting a PIN.

By Sarah Halzack

Full Story: http://www.washingtonpost.com/news/get-there/wp/2015/04/30/your-new-credit-card-may-not-be-as-safe-as-you-think/

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