From: Alex 
Newsgroups: uk.finance
Subject: Re: ATM fraud and C&P
Date: 12 Nov 2004 18:39:17 GMT

Without a hint of irony, Chris Laird 
astounded uk.finance on 12 Nov 2004 by announcing: 

> Alex  wrote in
> news:Xns959E8B733334Falexl2@130.133.1.4: 
> 
>> Without a hint of irony, "Aztech"  astounded uk.finance
>> on 10 Nov 2004 by announcing: 
>> 
>>> "Mike Scott"  wrote in
>>> message news:Ksmkd.58 <
>>>> I've wheedled a Chip & Signature card from the bank.  Cure for all
>>>> ills: doesn't work in an ATM (which suits me) and needs a signature
>>>> at a retailer. 
>>> 
>>> I doubt your bank cares since from next year they won't be liable for
>>> any loses if the retailer isn't using C&P 
>> 
>> That's incorrect.  They will be liable if they are not capable of
>> processing EMV transactions.  EMV CVMs include online PIN (ATMs in
>> UK), offline PIN (regular transactions in UK), signature and 'none'.
> 
> Does that mean that it would be technically feasible for a bank to issue
> a card which requested a signature *and* PIN?

Yes.  Some cards do indeed request both; not in the UK, however, AFAIK.