WASHINGTON, D.C.– (ENEWSPF)–March 17, 2016. U.S. Senator Dick Durbin (D-IL) today questioned the Chairman of EMVCo – an organization that controls the specifications governing credit and debit card chip technology – seeking information on whether the deployment of this technology in the United States is adequately preserving competition and protecting consumers.
“Magnetic stripe debit and credit cards have long been a key vulnerability that has put consumers’ sensitive financial information at risk,” said Durbin. “Chip…
