Six Months Before EMV Deadline, Where Do CUs Stand?

With just six months to go before the EMV liability shift deadline, just how ready are credit unions? The answer depends on how members want to pay.

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Most CUs' credit card portfolios are well prepared for the October shift, after which the liability for card-present fraud falls to whichever party is the least-EMV compliant in a fraudulent transaction, say industry insiders and analysts.

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