Behind The Mic With Joe Mathieu: Target Explores Smart Credit Cards – Again

January 21, 2014 12:00 PM
Behind The Mic With Joe Mathieu: Target Explores Smart Credit Cards – Again
" BOSTON (CBS) – The massive data breach at Target has prompted a big conversation among retailers and banks in hopes of developing new safeguards.

Thieves will not stop trying to steal our information and there are only so many ways to deter them. So attention is turning to creating a smarter credit card.

In fact, Target is now calling on the industry to adopt technology which makes use of cards with computer chips and advanced card readers that make it more difficult for criminals to steal info on such a large scale.

None of this is new. The technology is already commonplace in Canada and Europe.

And if you’re wondering why we don’t already have it in the U.S "

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