Many were hoping that the implementation of EMV would play a major role in shutting down the spike in fraudulent activity that has affected so many consumers in recent years. It was reported that 56 million cards were compromised in the Home Depot breach of 2014, and 40 million debit and credit cards were compromised in the Target holiday breach. While the hope was that the U.S. would move to the chip-and-PIN system, the migration to chip-and-signature cards has left many feeling there is much to be desired. Mike Cook, the senior vice president and assistant treasurer for Wal-Mart called […]
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