What do the advocates for EMV to fight payment fraud and advocates for a biometric Social Security card to implement immigration reform have in common? Both of these issues are getting a lot of coverage in publications and Internet news forums, and are also being debated within legislative subcommittees in Washington, DC. Payment fraud and immigration reform are two seemingly polar opposite problems with very different social and economic implications. What these two issues have in common is this–they both rely on smart cards to devalue the “treasure” that the criminals want to steal, rather than build thicker walls to keep the “treasure” protected from the inside, where it is vulnerable. Read more…