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go west young man

(4,856 posts)

17. It would only take one very smart US bank

Reply to Omaha Steve (Original post)

Sun Dec 22, 2013, 10:32 PM

Dec 2013

implementing the new technology for the rest to follow suit. Once everybody started using that secure card it becomes a race for the rest of these mainstream lazy greedy ass banks to move their asses.

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Weak US card security made Target a juicy target [View all] Omaha Steve Dec 2013 OP

Too bad the NSA is busy policing Potential terrorists orpupilofnature57 Dec 2013 #1

True. In Canada, the cards have chips in them. marmar Dec 2013 #2

Aren't the chips an even easier target, with the readers? SoapBox Dec 2013 #7

I don't think the chips are constantly "barking" anything, drm604 Dec 2013 #11

IIRC you also need to use your pin for every transaction Major Nikon Dec 2013 #12

But the system also requires the secret code from the chip, which changes every time. drm604 Dec 2013 #13

I have no idea how the chip works Major Nikon Dec 2013 #14

They are much more secure. drm604 Dec 2013 #15

Maybe its time the US join the 21st century. iandhr Dec 2013 #3

USA! USA! USA! silverweb Dec 2013 #4

Actually it's a function of being early adopters of widespread card use. Codeine Dec 2013 #9

That makes sense. silverweb Dec 2013 #10

I`m also thinking . . . aggiesal Dec 2013 #16

This is why PatrynXX Dec 2013 #5

As a very wise man once said to me Sherman A1 Dec 2013 #6

Profits are the problem. RC Dec 2013 #8

You Bolded The Definitive Statement DallasNE Dec 2013 #18

It would only take one very smart US bank go west young man Dec 2013 #17

This Is Complicated DallasNE Dec 2013 #19

A lot of international cards have the chip, RFID and magnetic strip Sen. Walter Sobchak Dec 2013 #22

We really need to change from "swipe and sign" to "dip and pin" like the rest of the world. GodlessBiker Dec 2013 #20

There are almost 7,000,000 Point-of-Sale terminals in the US Sen. Walter Sobchak Dec 2013 #21