ARTICLE
19 November 2015

National Retail Federation Study Reveals Dissatisfaction With Credit Card Fraud Protection

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Jones Day

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Approximately 62 percent of consumers indicated that they preferred chip cards that also require a PIN number rather than cards that only have a chip and require a signature.
United States Privacy

On September 16, the National Retail Federation issued a press release announcing the results of a recent survey showing that the majority of U.S. consumers believe that new credit cards issued by banks do not adequately prevent fraud. Approximately 62 percent of consumers indicated that they preferred chip cards that also require a PIN number rather than cards that only have a chip and require a signature.

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