Weekly output: EMV credit cards

Last week’s flurry of work–enough for me to lose track of it when trying to inventory it here–was evened out by this week. I also didn’t have to travel any further for work than Capitol Hill and downtown D.C., although one of this week’s events did require me to dust off the tuxedo I hadn’t worn since maybe 2009. (Can we not talk about how the pants fit before the intervention of a tailor?)

Yahoo Finance EMV-update post5/6/2016: Those chip cards have a long way to go, Yahoo Finance

Watching a panel at the Rayburn Building Tuesday reminded me of two things: It’s been over six months since the “liability shift” that was supposedly going to end the tenure of old-school magnetic-stripe credit cards, and it’s been almost as long since I covered this topic. Revisiting the issue convinced me that making people enter a PIN at each purchase won’t solve the bigger security issues of paying with plastic–and that my earlier writing about “EMV” cards should have acknowledged the extra time spent with your card in a point-of-sale terminal.

(Notice the new Web address? Stay tuned for more about that.)


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