[zhamilton89]

I think a large factor in the lack of change in payment security (In the US anyway, I can't speak for anywhere else) is the rise of the "protected" card. I have no incentive to protect anything about my Amex.

Card got skimmed a few years ago somehow, Amex called, asked if I was in Nicaragua (I wasn't) they apologized, removed the $200 or so in charges and next-day aired me a new card. Almost zero hassle.

I'd hate to have my debit card skimmed but as far as a credit card... I'm not too worried. The risk isn't mine.

[rwmj]

Erm, how is the end user supposed to protect against keyloggers installed in reputable stores?

It's much better for the banks to carry the can here, so they implement more secure devices.

[tazzy531]

Visa/MasterCard is pushing for EMV/Chip & Pin technology. Previously, the liability of fraud is on the payment network. Visa/MasterCard have announced a liability shift from the payment network to the merchant for fraud if the merchant doesn't adopt chip & pin.

The rollout date is supposed to be Oct 2013.

As an end user, you are not able to protect from this type of fraud. That's why the liability doesn't reside with you.