Payment pros don’t believe switch to chip-and-pin cards will reduce credit fraud

Come October, the switch to EMV chip-and-pin and near-field-communication payment terminals from the magnetic-stripe standard is scheduled to occur.

Source: www.marketwatch.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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