Why U.S. EMV Migration Will Spur Global Fraud Shift

Published: Oct. 5, 2015, 7:40 p.m.

b'In the wake of the Oct. 1 EMV fraud liability shift date, U.S. merchants can expect to pay for counterfeit fraud losses previously absorbed by European issuers, says Jeremy King of the PCI Council. Longer-term, he expects European banks will experience more fraud as U.S. POS and card security leapfrogs other markets.'