Banks Opting For Less Secure Signature Cards

Many major U.S. banks could be looking toward better security measures that use chip-and-PIN technology, but instead are opting for new credit cards to use chip-and-signature security, The Wall-Street Journal reported.

Source: www.pymnts.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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