https://arstechnica.com/information-technology/2018/11/why-arent-chip-credit-cards-stopping-card-present-fraud-in-the-us/ > A security analysis firm called Gemini Advisory recently posted a report saying that credit card fraud is actually on the rise in the US. That's surprising, because the US is three years out from a big chip-based card rollout. Chip-based cards were supposed to limit card fraud in the US, which was out of control compared to similar fraud in countries that already used EMV (the name of the chip card standard).