Many of America's small businesses still aren't EMV compliant, and on Wednesday members of the House of Representatives Small Business Committee asked why.

"Unfortunately, this transition seems to be catching many people off guard," Chairman Steve Chabot (R-Ohio) said.

State Department FCU President/CEO Jan Roche testified at the hearing, as did Electronic Transactions Association Government Affairs SVP Scott Talbott and TCM Bank President/CEO Paul Weston.

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