> On 2015 Feb 2, at 11:46 , David Lang <da...@lang.hm> wrote: > > On Mon, 2 Feb 2015, Peter Loron wrote: > >> Yep, AMEX is usually pretty on the ball WRT fraud. >> >> Do note that EMV (aka Chip + PIN) cards are rolling out in the US this year >> (finally). I already have my AMEX with the chip. IIRC, vendors are shifting >> liability to merchants who do not have supported terminals in October this >> year. The intent is to push them to upgrade to terminals that support the >> new security features. >> >> The EMV isn't perfect, but it does reduce fraud. > > Does it make any impact on online/phone purchases?
It shifts fraud to the "card not present" transaction, which is exactly what online purchases are. The Chip + PIN is not used for such. There is lots of discussion about European fraud and how it didn't really go down, just changed type. ---- "The speed of communications is wondrous to behold. It is also true that speed can multiply the distribution of information that we know to be untrue." Edward R Murrow (1964) Mark McCullough mark.mc...@gmail.com _______________________________________________ Discuss mailing list Discuss@lists.lopsa.org https://lists.lopsa.org/cgi-bin/mailman/listinfo/discuss This list provided by the League of Professional System Administrators http://lopsa.org/
