The U.S. migration to EMV chip technology – intended to decrease card fraud, offer global interoperability, and enable safer payment transactions – may prove to be a valuable shift for more than just the payments industry.
The health care industry can benefit from the chip migration, too. By leveraging this latest infrastructure and adding health care identity authentication applications, the health care industry has the opportunity to significantly decrease the massive $68 billion-a-year fraud issue and improve patient identity authentication.
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