> A very modest improvement to this system, known as PIN and chip, came to the U.S. recently after years in Europe and Asia. Chip and PIN is a private initiati

> A very modest improvement to this system, known as PIN and chip, came to the U.S. recently after years in Europe and Asia. Chip and PIN is a private initiative. I don't know why it took off in Europe/Asia and not in the USA, but it has little to do with the state.