A chip&pin terminal can go through a similiar number of transactions in a month, and the chips themselves are only replaced every few years. The chips bend, bow, corrode, ...

In the U.S., many of the new chip-enabled credit cards require a signature only, and not a PIN. "We're a little bit between a rock and a hard place,'' Duncan says of the Oct. 1 liability shift.

"Chip-and-PIN is more secure since no one can use it without that PIN code, the same way that a debit card can't be used for a transaction without the PIN." Unlike European banks, ...

Several large retailers, including Home Depot, Target, Walgreens and Walmart (the first two of whose customers were hit by particularly large breaches), have promised to adopt chip and pin ...

Four years ago, about a dozen credit cards equipped with chip-and-PIN technology were stolen in France. In May 2011, a banking group noticed that those stolen cards were being used in Belgium, ...

Victories against card fraud seem to follow chip-and-PIN cards around the world. Since the United Kingdom made the widespread transition in 2004, retail fraud has fallen by 67%.

As Ars Technica reports, a number of chip and PIN cards were stolen in France back in 2011, and somehow, the fraudsters who took them were able to start using them in Belgium, ...

Chip-and-PIN cards, which require customers to enter their personal identification number (PIN) to complete a transaction. Chip-and-signature cards, which use a signature instead of a PIN to ...

Chip and pin was introduced in the UK in the early 2000s after banks accepted security failings which meant magnetic strips on debit and credit cards could be cloned, ...