The EMV clock is running
With a drop-dead deadline of October 2015 looming over U.S. adoption of Europay/MasterCard/Visa (EMV) technology and recent breaches involving major retailers, proponents of EMV are ratcheting up the rhetoric. Senior executives from both Visa Inc. and MasterCard Worldwide put the card industry on notice that there is no time left to debate the move from mag stripe to chip and PIN authorizations for securing U.S. credit and debit card payments.
