Video: NBC News: Could a credit-card chip be the secret to security?

Video: NBC News: Could a credit-card chip be the secret to security?

12/23/2013, NBC Nightly News with Brian Williams, ”Could a credit-card chip be the secret to security?

In this national segment featured on NBC Nightly News with Brian Williams, reporter Gabe Gutierrez examines the U.S. use of credit cards with magnetic stripes and why cards with a secure digital chip may be a better alternative. Smart Card Alliance Executive Director Randy Vanderhoof explains how other countries that have implemented EMV chip payment cards have seen fraud rates drop by 67%.

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