New document aims to clarify fraud liability under EMV

The EMV Migration Forum has released "Understanding the 2015 U.S. Fraud Liability Shifts," a document meant to help payments industry members in the U.S. better understand their rights and responsibilities following EMV implementation deadlines. With October fast approaching, many card issuers, merchants and processors implementing EMV chip technology are asking who is liable for what — and when — under the fraud liability shifts, according to a press release from the forum.

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