Bank of America to Offer Chip Technology for Credit Cards

Bank of America Corp. (>> Bank of America Corp) is throwing its muscle behind a credit-card technology aimed at cutting down on hassles U.S. cardholders may encounter when trying to make purchases while traveling abroad.

The Charlotte, N.C., bank said Monday it is including what are known as EMV chips in many of its consumer credit cards targeted at frequent travelers and high-net-worth customers.

via Bank of America to Offer Chip Technology for Credit Cards.