In addition, new ATM cards and credit cards were always sent registered mail (had to sign for it), even though credit card fraud is minuscule compared to the U.S.A.
I don't know why we've been so slow to embrace the technology.
Chip and pin
I have heard the same thing/criticism from friends of mine who live overseas.
The US media could create a firestorm of panic on this subject if they wanted to.
Outdated Magnetic Strips: How U.S. Credit Card Security Lags
"Other countries moved beyond this technology years ago. , and are already using chip-based cards, which are considered more secure. (Magnetic stripe technology is decades old.) Cards using the chip-and-PIN system have an embedded microchip. Instead of swiping the part with a magnetic stripe, you put the card into a terminal, then enter a PIN or sign your name. It's more expensive for criminals to forge these cards, says Brian Krebs, a security journalist who writes for and broke the story on the breach at Target."
So many European and Asian countries have already moved away from magnetic strip technology, but the US will not invest Billions in a system that only takes us halfway to the next technological plateau. I think we will move directly to a national CAC like card, followed by an individual human QR code.
Possibly ---> Thumbprint scans already come with every single new iPhone so that only you can use it. To those who believe in Bible prophecy, hang onto your hats.
This knowledge base must be diminished first...