Banks its your fault
I have a friend who claimed chip and pin was fool proof, he had read the documentation on the system.
I laughed at him at that point.
There is only one way that we will beat / reduce fraud, and that is with participation with the banks and their security measures.
Firstly I want to see and hear about their plans to prevent fraud, not the plan to punish me for using THEIR facilities.
BANK’s it is YOUR system not mine, if the criminal fraternity breach it that is YOUR fault.
We could have 2nd and 3rd part verification process, request and response phone messaging, please include a panic code for people being forced.
Register when going abroad, include region / city.
Then we can talk about sharing the final cost.