Fraud Down by 66% Since Chips Went Into Credit Cards According to Visa Risk Exec
Stephanie Ericksen, Vice President of Global Risk Products at Visa, says counterfeit fraud has gone down by 66% since chip-cards were widely adopted about two and a half years ago.
For full interview [click here](https://cheddar.com/videos/how-visa-credit-cards-are-keeping-you-safe-from-fraud).
China has restricted exports of high-tech metals gallium and germanium, which are critical to making chips, in response to the U.S. blocking them from access to advanced chips.
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