01/30/2015

Modernizing Money: ‘Chip-and-PIN’ Credit Cards and Mobile Payments

17:14 minutes

“Chip-and-PIN” credit cards and mobile payments like Apple Pay and Venmo are changing the security and speed of how we transfer money. Reporters Robin Sidel, of The Wall Street Journal, and Nanette Byrnes, of MIT Technology Review, walk us through the changing technology of credit cards and mobile payments and what the trend means for consumers.

Segment Guests

Nanette Byrnes

Nanette Byrnes is senior editor of business reports at MIT Technology Review in Boston, Massachusetts.

Robin Sidel

Robin Sidel is senior special writer at Wall Street Journal in New York, New York.

Meet the Producer

About Alexa Lim

Alexa Lim was a senior producer for Science Friday. Her favorite stories involve space, sound, and strange animal discoveries.