There is an organization governed by visa and mastercard. They control the technology that is the backend for these smart chips. One of our Lessons Learned early on is they manage the process well. Its an indicator that we have huge concerns about them being involved in transitioning the u. S. To digital and mobile commerce in the future. Thats one of the biggest lessons and takeaways for merchants who have had to rely on the companies for this major transition. Some members of congress of started to look into this and how its organized in governed. We need to ask why we dont have a more robust four pin here in the United States. There are branches of the Federal Reserve studying security who point to the development of standards which they directly and explicitly reference. It may result in lesser security as well as competitive disadvantages for other companies. We have seen that happen here in the u. S. What does this mean . We do believe that merchants will get there eventually. Th
Were highlighted in president obamas executive order that required technology for government issued credit cards and in a pride of the old terminals at federal buildings. Others have recognized that security benefits of combining chip cards with pins. In the last two weeks, discover, one of the largest card brands, embraced the willingness to use pins. New york had a consumer alert stating in part that chip cards that require a personal Identification Number could be entered at a pointofsale to make a purchase and they are the most secure. Over the last year, the payment industry has rebutted arguments in favor of this by saying one day we will move beyond the pen. Even if thats true, there will always be a Better Technology available down the road. It doesnt make sense to make the American Public stand by and wait for an alternative while they remain susceptible to fraud. Traditional credit and debit cards account for the overwhelming majority of all transactions in the United States
But it involves says you will see a complicated case given maya background not to recuse myselfj qt to give mark them take it where it may. So tonights; b n case will be presented to introduce the q a. K7. Ou i would say just a word mark was a historian 2010 through 2013 now directs the master Degrees Program and a graduate certificate of intelligence from john hopkins. a he has degrees from stanford number of particles. Please help to welcome our guests. [applause] take you very much. I will be brief i am honored to be here this evening to introduce morten storm that you do not see on the screen for the of book launch of agent storm. A remarkable book. But a few words about the authors in a steady with tim whod joined the bbc out of college and worked in the middle east and in 1996 moved to cnn and quite a number of years with Cnn International to give most lee insight on terrorism is a pretty good chance you saw him in 2001 when he was at the obscure provision afghanistan. Also yeste
Congress. Our phone lines are now open. We are also online. Ontwitter, you can find us http twitter. Com cspanwj, on facebook, and you can send us an email, journal cspan. Org. Journal,street reporting that the United States is to meet with iran on the situation in a dialogue that is expected to begin this week will mark the latest in a rapid move over the past year that comes as the u. S. And other world powers try to reach an agreement with iran by late july to curb their Nuclear Programs. The u. S. And iran have both publicly committed in recent days support to the iraqi Prime Minister and help the government repeal the offensive state of iraq. They have launched against baghdad and major iraqi cities in the past week. That reporting from this mornings wall street journal. Joining us to talk about the security situation there, guy taylor, who leads in National Security team at the Washington Times. Good morning. Talk to us about the latest you hearing out of iraq. The latest reports
2013. From nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a from rockefeller plaza. And good morning, everyone. Welcome to today on a thursday morning. Im matt lauer. Natalie is on assignment. That one back there. That norway spruce, we lit her last night. One of the prettiest trees we had in a long time. This is the most beautiful. So much fun at the Tree Lighting. We were up early and all slept under the tree. It was great. Natalie is a cover hogger. The rain didnt come until overnight. It was spectacular. Im telling you everything aligned perfectly. So fun watching it from home. You guys were amazing. It was so festive. Perfect. While we had good weather here, were really still talking about weather as our top story today. New concern from that potent and powerful storm that we followed all week long. Nbc and this time were talking about ice, dylan, and youre in arkansas this morning. Good morning, matt, nearly a dozen states in the path of this poten