Some Credit Unions Opting Not to Issue EMV-Enabled Debit Cards
October 2015 is the date when card issuers on non-EMV enabled debit cards will have to begin assuming all liability for fraudulent debit card transactions if the transaction could not have been processed by an EMV-enabled debit card. Despite that, 17% of credit unions responding to a recent survey say that they do not intend to reissued their debit cards with the EMV chip by the 2015 deadline. [6/26/14]