In most or Europe and Japan credit cards now come with a chip in the card. These are slowly being rolled out in the U.S. The chip can be used to verify a 5 digit passkey. If I were still in the credit card world this would not be happening.
Sourced through Scoop.it from: phillips.blogs.com
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.
Kenneth Carnesi 
Leave a comment