{"id":5857,"date":"2022-02-01T14:03:42","date_gmt":"2022-02-01T14:03:42","guid":{"rendered":"https:\/\/webstyleclub.website\/smart-card\/?p=5857"},"modified":"2022-02-01T16:08:33","modified_gmt":"2022-02-01T16:08:33","slug":"bank-issued-smart-cards","status":"publish","type":"post","link":"https:\/\/www.smartcardbasics.com\/bank-issued-smart-cards\/","title":{"rendered":"Bank Issued Smart Cards"},"content":{"rendered":"

Around the globe, bank controlled co-ops (Visa, MasterCard, Discover, and American Express) have rolled out millions of smart cards under the EMV<\/a> (Europay, MasterCard, VISA) standard. Often referred to as chip and PIN cards; these are the de facto types of cards for bank issuance in most countries except the U.S. As Canada has just recently started its regulatory shift to EMV cards<\/a>, the U.S. will be the sole island in North America that has not yet made the adoption, which is being driven by the increased types of fraud with both credit and debit cards. Smart cards have been proven to secure transactions with regularity, so much so that the EMV standard has become the norm.<\/em><\/p>\n\n\n\n

As banks enter competition in newly opened markets such as investment brokerages, they are securing transactions via smart cards at an increased rate. This means:<\/em><\/em><\/p>\n\n\n\n