Reuters – 3/7/14: Visa Inc and MasterCard Inc said they had launched a cross-industry group to improve security for card transactions and press U.S. retailers and banks to meet a 2015 deadline to adopt technology that would make it safer to pay with plastic. The move follows several data breaches at U.S. retailers, including one at Target Corp late last year involving the theft of about 40 million credit and debit card records. The new group – which includes banks, credit unions, retailers and industry trade associations – will initially focus on the adoption of ‘EMV’ chip technology, MasterCard and Visa said in a statement on Friday.
Click here to read more: http://www.reuters.com/article/2014/03/07/us-mastercard-payment-idUSBREA2615520140307

Subscribe to the comments for this post?

Share this on Facebook

Share this on LinkedIn

Email this to a friend?

Share this on del.icio.us

Add this to Google Reader

Share this on Technorati

Seed this on Newsvine

Share this on Blinklist

Share this on FriendFeed

Add this to Google Bookmarks

Post on Google Buzz

Post this to MySpace

Share this on Plaxo

Submit this story to Propeller

Add to a lense on Squidoo

Stumble upon something good? Share it on StumbleUpon

Share this on Tumblr

Buzz up!

Leave a Reply

Your email address will not be published.