Detailed text transcripts for TV channel - FOXNEWS - 20131223:21:28:00
The old credit card reader any way. so what hackers will do is they'll find a way to get it to default back into the regular credit card and make work just like the security we have here in the united states. so it is a large expense. >> mr. rash, it sounds like we're being short-sighted here in america because the credit card fraud is in tens of billions, right? >> it is. and this will reduce some forms of credit card fraud, particularly the kind that happened with target. once they steal the credit card numbers they want to manufacture new cards. with chip and pen it is harder to do that. an...
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