Chip cards gain steam, forcing hackers to get crafty

Love to hate them or hate to love them, the chip card just had a birthday.

Since last October’s rollout, however, the switch from traditional “swipe” cards to this more secure method has not been entirely smooth.

“We’ve certainly had our bumps, which most of us expected,” said Julie Conroy, a research director covering fraud, data security and compliance issues at Aite Group, a global research and advisory firm.

Although shoppers complain about the longer wait time per transaction, nearly 4 in 5 Americans, or 78 percent, said they have positive feelings about chip charge cards, according to a new report by NerdWallet. For the full article click here 

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