Chip Card

Chamber Chairman: Stores Not Ready for Chip Cards May Be Liable for Fraud Thefts

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Business owners who want to protect their stores’ bottom lines from some types of credit card fraud may need to get equipment that reads the “chip” credit cards now being introduced in the United States. That was the message at a recent Darien Chamber of Commerce event from Mark Rosenbloom, the incoming chairman of the chamber’s Board of Directors and an assistant vice president at First County Bank. Rosenbloom is also manager of cash management services at the bank. First County is one of many sellers of the devices. Legal liability in the United States shifts to the store if it doesn’t use the terminals built to read the embedded microchips in chip credit cards, Rosenbloom said at a “Business After Hours” event held Thursday at Jimmy’s Southside Tavern on Heights Road.

Chip Card

Talk on New ‘Chip’ Credit Cards at Darien Chamber of Commerce Networking Event

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Mark Rosenbloom of First County Bank will give a short presentation on “chip” credit cards as part of a Darien Chamber of Commerce “After Hours” networking event Thursday at Jimmy’s Southside Tavern. Chip credit cards are common in Europe but relatively new to the United States. They’re designed to be more difficult for thieves to use. Rosenbloom, an assistant vice president and cash management services manager at First County Bank, is also a board member at the Darien Chamber of Commerce.  

According to an announcement on the chamber website: “Jimmy Love [owner of Jimmy’s Southside Tavern] is hosting chamber members and treating us to wonderful appetizers.