Chip card fight may lead to new security measures

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Massive data breaches have led to renewed debate about secure card technology and who should shoulder the costs of consumer fraud.

Driven in part by a deadline set by the card companies, banks and retailers are slowly gearing up to provide American consumers with a more secure option: credit and debit cards embedded with a microchip that generates a one-time security code to process every payment.

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Story added 3. February 2014, content source with full text you can find at link above.