ID Fraud Up Since Security Chips Put Into Play

Posted By Staff

Date: February 6th, 2017

chipsDALLAS – It’s a tiny chip that elicits big opinions.

Meant to protect customers from credit card fraud, most cards now have security chips, and many businesses bought the chip readers to go with it.

But more than a year after they became common place, research shows that identity theft is actually up.

Consumers and businesses switched to the chip-based cards and readers 16 months ago to deter theft.  More

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