Chip Shot: The Long-View on the EMV Short Game (via The Protiviti View)
September 30, 2015
Tomorrow (October 1, 2015) is the day that credit card companies will shift liability for fraudulent transactions to the merchant IF that merchant is not able to accept the next generation chip-enabled credit cards. Interestingly, only 1 in 4 retailers are prepared for the transition. Obviously, the other retailers are not likely to comply in the next few hours. In the article linked to below, Protiviti Managing Director Scott Laliberte shares his perspective on the transition and it’s impact on businesses. If you’re company hasn’t adopted new technology yet, you should definitely give this article a read.