On October 14, 2014 President Obama signed an executive order "encouraging" faster adoption of the EMV standard for credit and debit cards in the U.S. It requires updating transaction terminals, and has some potentially stiff fines for non-compliance!
Here's a link to a brief article I write about it: http://www.mbsinc.com/are-your-creditdebit-card-readers-putting-you-at-risk/
Here's a link to a brief article I write about it: http://www.mbsinc.com/are-your-creditdebit-card-readers-putting-you-at-risk/
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