What's Ahead For Credit Cards: Moving Away From Magnetic Stripes

Feb 23, 2014

America is nearly alone in still using magnetic stripes to authenticate purchases.

A credit card industry analyst from Little Rock says he doesn't hesitate to use the word “crisis” when describing the issues consumers face with regard to credit card security, given the size and frequency of recent data breaches.

Curtis Arnold is the founder of CardRatings.com, a website that reviews credit cards. He talked to KUAR’s Karen Tricot Steward about the future of payment technology.