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, ...

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, ...

Chip-and-PIN readers can be tricked into accepting transactions without a valid personal identification number, opening the door to fraud, researchers have found.

An issuer s decision to deploy EMV chip-and-signature credit cards in the U.S., instead of the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does ...

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 ...

"PIN numbers do not present much of a challenge to a determined crook" The weekly Inbox column collects the best and most thought-provoking of the reader comments silicon.com receives each week ...

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, ...

Chip and PIN technology has become so ubiquitous overseas—particularly in Europe and Australia—the technology is essentially the new default.