LOUNGE all new asksnapzu ideasforsnapzu newtribes interesting pics videos funny technology science technews gaming health history worldnews business web research entertainment food living internet socialmedia mobile space sports photography nature animals movies culture travel television finance music celebrities gadgets environment usa crime politics law money justice psychology security cars wtf art google books lifetips bigbrother women apple kids recipes whoa military privacy education facebook medicine computing wildlife design war drugs middleeast diet toplists economy fail violence humor africa microsoft parenting dogs canada neuroscience architecture religion advertising infographics sex journalism disaster software aviation relationships energy booze life japan ukraine newmovies nsa cannabis name Name of the tribe humanrights nasa cute weather gifs discoveries cops futurism football earth dataviz pets guns entrepreneurship fitness android extremeweather fashion insects india northamerica
+21 21 0
Published 4 years ago with 1 Comments

Join the Discussion

  • Auto Tier
  • All
  • 1
  • 2
  • 3
Post Comment
  • augustwest
    +1

    surprised to hear that the chip technology may actually be implemented in the US when all the data suggests it hasn't prevented fraudulent use as originally touted in europe and elsewhere. it certainly has reduced in-person fraud but resulted in equivalent or greater increases in online and remote transaction fraud where there is no physical presence of the cardholder. with the huge expense of new equipment and cards, the chip and pin or chip and signature system appeared to be dead on arrival in favor of jumping right into virtual wallet alternatives.

    as this article indicates, despite being newer than the magnetic strip technology, the chip systems are also already outdated and are unlikely to result in much, if any, positive changes on the fraud and identity theft fronts.

Here are some other snaps you may like...