The US may be Forced to Accelerate EMV Adoption

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The US lags behind most of the world in adopting EMV technology, and has not seemed overly concerned about catching up, argues Erin F. Fonté of Cox Smith. However, recent developments regarding the Durbin amendment, along with what could be the largest series of retail card breaches in the US, have seen many calling for widespread adoption of EMV in the US on an accelerated timetable, Fonté explains.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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