Comments
Chip and Quill: How EMV Will Increase Card Fraud in the U.S
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Becca L
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Becca L,
User Rank: Author
11/29/2014 | 3:06:51 PM
Why the doubt?
Am I the only one suprised by this universal doubt that Americans can't handle to PIN instead of sign? Agreed, there will be some interesting bumps in the road at the start, and there will probably be comedically simple colorful instructions near checkout during transition, but I don't feel I'm being overly optimistic when I say we can probably handle it.
Becca L
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Becca L,
User Rank: Author
11/29/2014 | 3:01:54 PM
Jabberwocky
Jabberwocky- my new favorite exclamation.

Re: Fun Fact #2: I recently broke my right (dominant) wrist, and had to sign with the left. There were some fabulous scribbles drawn onto receipts that were a far cry from my usual flare of the pen. Never had a problem.
Greg MacSweeney
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Greg MacSweeney,
User Rank: Author
11/25/2014 | 6:10:44 AM
Re: Chip and Quill
CNP fraud is big and getting bigger. As you point out, it already is the 'low-hanging fruit' for fraudsters. (And it is massive fruit, to say the least).
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
11/23/2014 | 8:24:24 PM
Re: Chip and Quill
A recent study by Javelin projected that there will be a huge increase in CNP fraud over the enxt few years, regardless of whether or not EMV is adopted. The Javelin report said that the big increase in CNP fraud is going to be a result of a big rise in the number of online and mobile transactions that it predcited would occur in the next few years. That report also forecasted a much bigger drop in card-present fraud than Aite does.
AllenF848
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AllenF848,
User Rank: Apprentice
11/22/2014 | 6:43:51 PM
Chip and Quill
Good article with interesting points.  I wonder if other analysts agree with AITE.  But most of all, i love the title and well made points regarding PIN.
AllenF848
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AllenF848,
User Rank: Apprentice
11/22/2014 | 6:43:41 PM
Chip and Quill
Good article with interesting points.  I wonder if other analysts agree with AITE.  But most of all, i love the title and well made points regarding PIN.


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