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Jul 9, 2008

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Credit Cards
ALSO CALLED: Bank Credit Cards and Charge Cards DEFINITION: Chip and PIN is a UK government-backed initiative to implement the EMV (short for Europay, Mastercard and Visa) standard for smart payment cards. A similar effort is also underway in the Republic of Ireland. The name of this initiative stems from the presence of a semiconductor chip … Definition continues below.

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The Business Side of PCI Compliance Podcast sponsored by Cisco Systems, Inc. PODCAST: Posted: 08 Jul 2008 \| Premiered: 08 Jul 2008 SUMMARY: In this podcast learn about the Payment Card Industry (PCI) and Data Security Standard DSS and how Cisco can build a security solution to help with these requirements. Listen to top of mind PCI issues and the technologies used to mitigate them. TOPICS: Credit Cards \| Debit Cards \| Fraud Protection \| Payment Card Industry \| Payment Card Industry Data Security Standard \| Payment Card Industry Data Security Standard Compliance \| Payment Processing

Strategies for Effectively Managing HOPE NOW Loan Modifications sponsored by Equifax WEBCAST: Posted: 27 Feb 2008 \| When: Available On Demand SUMMARY: This webcast explains the current market situation, projected arm resets, foreclosures, credit card and auto loans. TOPICS: Credit Cards \| Webcasts

CREDIT CARDS DEFINITION (continued): … and associated circuitry in the smart card, which is used in tandem with a PIN (personal identification number) .

In use, the smart card is placed into a PIN pad terminal or modified swipe-card reader, which accesses the chip in the card. The user enters a 4-digit PIN that is checked against the information stored on the card. If the entered PIN matches the stored value, the transaction is permitted to proceed.

Chip and PIN went through a pilot test …
Credit Cards definition sponsored by SearchSecurityUK.com, powered by WhatIs.com an online computer dictionary

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