Americans will soon bid farewell to a very familiar practice: You'll no longer swipe and sign a credit card by the fall of next year.
Beginning in 2015, The Wall Street Journal is reporting that folks will stop signing credit card receipts and instead enter your credit card into a slot and input a PIN number.
Massive data breaches at Target and other major retailers have drawn a renewed spotlight to the flaws in credit card security and coding. Credit card companies Visa and Mastercard have vowed to stick to an October 2015 deadline to move to the new cards, which are designed to be much more secure.
The U.S. is the last major country in the world to use "swipe-and-sign" cards, believed to be a major reason why nearly half of all credit card fraud happens here, the WSJ says.
Get the full story at wsj.com.