Between 3DS for online payments and EMV for POS payments (both launched in the 1990s), payment cards could be plenty secure – if the industry were to decide to

Between 3DS for online payments and EMV for POS payments (both launched in the 1990s), payment cards could be plenty secure – if the industry were to decide to mandate them for every payment. The fact that it hasn't is an interesting study in game theory and economics.