Online fraud may surge after EMV chip card rollout + MORE Nov 19th

Photograph by Blair Gable
On Nov. 18, Maclean’s honoured the eighth annual Parliamentarians of the Year. MP Irwin Cotler was honoured as the 2014 Parliamentarian of the Year. View the full list of award winners.
Irwin Cotler has this story about his father, about being brought to Ottawa at the age of 11 and being shown the Parliament buildings and his father turning to him and saying, “Son, this is vox populi, the voice of the people.”
That 11-year-old did not decide then and there that he would one day occupy a seat in the place of the people. That he would one day become a credit to the institution was perhaps even unlikely—at least, until the McGill law professor and defender of political prisoners finally agreed to run for the Liberals in a by-election in 1999.
Even then, he thought he’d just be in Ottawa for a year, then maybe for a full term.
When he finally steps away next year, the widely respected 74-year-old will have been an MP for more than 15 years, having served in government and opposition…

Photograph by Blair Gable
On Nov. 18, Maclean’s honoured the eighth annual Parliamentarians of the Year. MP Irwin Cotler was honoured as the 2014 Parliamentarian of the Year. View the full list of award winners.
Irwin Cotler has this story about his father, about being brought to Ottawa at the age of 11 and being shown the Parliament buildings and his father turning to him and saying, “Son, this is vox populi, the voice of the people.”
That 11-year-old did not decide then and there that he would one day occupy a seat in the place of the people. That he would one day become a credit to the institution was perhaps even unlikely—at least, until the McGill law professor and defender of political prisoners finally agreed to run for the Liberals in a by-election in 1999.
Even then, he thought he’d just be in Ottawa for a year, then maybe for a full term.
When he finally steps away next year, the widely respected 74-year-old will have been an MP for more than 15 years, having served in government and opposition…

Nov. 19, 2014: Average rates on new card offers fell below 15 percent Wednesday for the first time in more than a year, according to the CreditCards.com Weekly Credit Card Rate Report

(Getty Images)
TORONTO – Hype for mobile payments is growing but Canadians generally aren’t very eager to pay for purchases with their smartphones, suggests a new report.
Canadians are still apprehensive about using their phone in lieu of cash, debit or credit cards, according to a study by global research company GfK, which conducted online surveys with consumers in 17 countries.
Although Canadians have developed a reputation for being keen early adopters of technology, they were found to be among the least interested in mobile payments.
Security fears are a factor, says Stephen Popiel, vice-president of consulting for GfK Canada. Canadians may also be lukewarm on mobile payments since they already have plenty of ways to pay in stores.
“The ATM infrastructure is huge and profound in Canada, even when compared with the United States, so the mobile technology itself is partly a solution for a problem that’s not as big of an issue here. We have a seamless ATM and debit card structure here and now the tap technology makes it fast and easy to make a lot of small purchases,” says Popiel…

U.S. issuers are replacing traditional magnetic stripe credit cards with cards containing counterfeit-resistant EMV chips. But fraudsters are expected to adapt, turning to online and other forms of fraud