CREDIT

Hey travelers, are these new chip cards a “joke”?

The way Americans spend money is on the verge of its biggest change in decades, but the drumbeat of doubters continues to get louder.

New chip-enabled credit cards are slowly getting into consumers’ hands in advance of a looming deadline later this year. But a Walmart executive said U.S. chip cards are a “joke,” and a new report examining other countries’ changeovers suggests criminals around the globe merely switched tactics and kept right on stealing from consumers’ accounts.
Continue reading…