I know what EMV chips are. I'm looking for info on what you've mentioned – whatever changes are taking place that alter the way fraud is currently handled, specifically, as you note, changing the burden and responsibility.
Understood. Links please. I still haven't found the info on the changes.
I'm not saying you're incorrect - just want to do my homework before commenting further.
chip and pin credit cards, bank cards etc. They can still be swiped or given with numbers but the biggest change in who incurs the liability of for fraud. It will be the way this fall.
I'd like to read more about it. Any link appreciated. Searched around a bit but didn't find anything.