UNFCU smart card experience: Is chip migration a business case?

Call it David versus Goliath - a financial cooperative becoming the first issuer to launch a globally compliant Europay-Mastercard-Visa (EMV) chip and personal identification number (PIN) credit card in the United States. Last fall, New York City-based United Nations Federal Credit Union, which serves the active and retired staff of the United Nations, its specialized agencies and their families, attracted significant attention by bringing the smart card concept stateside. With this …