Now you can enjoy a better, more secure payment experience with FAB.
Watch our video to learn how to use your new card
EMV chip cards are here!
EMV chip technology is becoming the global standard for card payments. As part of our effort to continue providing innovative banking services, we will be replacing your traditional magnetic strip card with an EMV Chip Card over the course of the next few weeks.
Your existing traditional debit card will expire 90 days after your new EMV Chip Card arrives, so please be sure to activate your new card and update any recurring payments.
Reduced risk of fraud from counterfeit, lost, or stolen cards
Increased protection of data
Improved experience for international travelers
What is an EMV card?
EMV cards have computer chips embedded in them. They are widenly used in Europe and Asia and are currently being adopted in the U.S. Chip Cards better protect your account information from fraud.
The magnetic-striped credit and debit cards you are accustomed to contain "static" data, or payment data that does not change. The data stored in the magnetic stripes includes your 16-digit card account number, expiration date and 3-digit security code (CVC) like the one found on the back of your card.
Chip Cards contain the same data and more. Each purchase or transaction that you make generates "dynamic" or unique data that is encoded in a safe mode.
EMV helps protect you even if your card or your card data is lost or stolen. The technology:
Makes it difficult for anyone but the rightful owner to use the card
Protects against the creation of counterfeit cards because dynamic data is only good for a single purchase or use
One you receive your new EMV chip card, you can immediately start enjoying a better, more secure payment experience.