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September Economic News

Tuesday September 29, 2015 comments Tags: Economic News

September Economic News

Beginning Oct 1, the United States will finally be implementing credit card chips to help address our runaway fraud problem. Why it has taken so long to implement a technology that has existed in Europe and most of the developed world for over two decades remains a mystery. Curiously, the US is NOT yet implementing the PIN part of Chip PIN!! Someone must really love that we have over 80% of all credit card fraud worldwide! Do the fraudsters have a lobbyist in Washington?? On another note, Janet Yellen got a second turn at bat last week to... Read More




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