New Rules for Merchants – EMV Smart Chip Cards – SBS Associates Inc.

In October 2015, businesses who accept credit cards must be prepared to accept the next generation of plastic – with embedded smart chips – or be responsible for fraudulent card-present transactions using cards with only magnetic strips.

Sourced through Scoop.it from: blog.sbs-qb.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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