11 February 2016

Business Knowledge for IT

A Finextra Community Group

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Archive for: December, 2008
a non-active Finextra member

Is the PEN mightier than the PIN?

15 December 2008  |  5315 views  |  1  |  Recommends 0

Despite chip and pin and its promise to secure card transactions, what makes the PEN still mightier than the PIN? The answer has something to do with interchange fees and security (zero liability for cardholders). Banks earn more when their cardholders use their cards with the PEN (signature) or when their cardholders use their debit cards as credi...

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Founded by Retired Member
Date 23 Oct 2007
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This community aims to provide links, resources, book suggestions, tips and insights to facilitate learning and development of IT professionals in financial services, and to develop a forum for IT professionals to exchange views on various related items.
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