Other countries take note: Australia is right on the money with its ePassport system. An advanced electronic machine-readable travel document (eMRTD) that strengthens border security and protects citizen identities through an embedded electronic chip and encrypted personal data, ePassports are proven to secure national borders and protect citizen identities.
USAA, a bank typically used by the military and their dependents, has long been at the forefront of banking innovation and fraud prevention. That trend held true last week when the Texas-based financial institution announced their first EMV credit and debit cards for U.S.-based members. Rolling out to customers later in 2014, USAA’s new chip-based cards will help deter fraud