Federal Reserve Challenges the Business Case for EMV?
This is an interesting article regarding the Business Case for the implementation of the EMV standard here in the United States. While much of the rest of the world has already implemented EMV, one of the observations here is that while the new standard does in fact reduce “face-to-face” or “CP” fraud (Card Present ), “CNP” (Card Not Present) transactions are still quite a concern.
Here’s the full article. It’s a terrific, albeit short read: