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Target breach may be U.S. EMV catalyst

5/26/2014   category: EMV Migration
The fallout continues from the 2013 holiday-season data breach at Target Corp. But a relative bright spot from the breach, in which an estimated 100 million card accountholder details were compromised, is that the sluggish transition of the U.S. payments infrastructure from a mag stripe-based to a Europay/MasterCard/Visa (EMV)-based system seems to have picked up steam.

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