New research from Boston-based Aite Group drives home two startling points – chip-and-PIN is coming at high speed to the United States and near-field communication (NFC) payments are too, said Aite Group senior analyst Julie Conroy McNelley.

Her claims are based on a survey of executives attending MasterCard's Americas Global Risk Management Conference in April.

McNelley elaborated that two years ago Aite Group asked executives at the same conference when chip-and-PIN was coming to the US – 36% said never. "Now that number has fallen to 17%," McNelley said. And 19% believe it will be here inside one to two years.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.