Silicon Valley Bank Plans to Expand Chip Card ProgramBank Info SecurityOctober 26, 2011 Pradeep Moudgal knows a U.S. migration to chip & PIN card technology will be expensive. But he says continuing to rely on the static magnetic stripe will be more costly in the long run, not just for U.S. card issuers, but for their accountholders as well. "I do believe that shift has begun," say...
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