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).
Character design studio Superplastic recently raised $20 million in a Series A round. Paul Budnitz, founder and CEO of Superplastic, joined Cheddar News to discuss the financing and a new collaboration with Amazon to develop a new series.
A Republican-led House panel voted to advance a bill that would give President Joe Biden the power to ban TikTok. Chris Pierson, the founder and CEO of BlackCloak, joined Cheddar News to discuss how the process could affect other businesses.
The Biden administration on Thursday released a plan for improving the nation's cybersecurity by shifting the burden from individuals, small businesses, and local governments to federal agencies and major tech providers.