The EMV Chip Card Transition Background, Status, and Issues for Congress

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service. Resources, Science, and Industry Division

Language:

English

Subjects (All):

Banks and banking.

Consumer protection.

Credit cards.

Savings accounts.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2015

Summary:

Describes financial harm caused by credit card fraud and other data breaches, and explains how those breaches are carried out. Examines EMV chip cards, named for the coalition of three companies, Europay, MasterCard, and Visa, that developed the specifications and global standard for this chip technology, which is embedded in financial payment cards. Discusses EMV adoption in selected countries and its impact on fraud, drivers and impediments to EMV adoption in the U.S., related legislative activity in the 113th Congress, and issues for consideration in the 114th Congress

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Oct. 2015). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. Resources, Science, and Industry Division. EMV Chip Card Transition

Publisher Number:

CRS-2015-RSI-0493

Access Restriction:

Restricted for use by site license