Word: readings
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...German banks have been working round the clock for the past week to try to fix the problem, which involves reconfiguring tens of thousands of cash machines and payment terminals in German stores and supermarkets, as well as those in countries visited by vacationing Germans, to be able to read the faulty chips. Officials said that replacing all of the cards would simply be too costly and time-consuming. (See the worst business deals...
...Over the past few days, bank officials say that most cash machines in the country have been reconfigured and are now reading the cards again. But they say that most payment terminals won't be fixed until at least Monday, which has led some crafty consumers to come up with their own solution - covering the faulty chips on their bank cards with tape so tellers can process payments through the magnetic strip instead. But consumer groups point out that magnetic strips are not as secure as chips, and they've urged the banks to solve the problem as quickly...
...glitch comes as a heavy blow to retailers feeling the pinch after last year's recession - and the gloomy holiday shopping period when sales were largely stagnant. According to HDE, the German retailers' association, at least a fifth of all payment terminals in German stores could not read the faulty cards after Jan. 1. Furious over the loss of sales that resulted, retailers have lashed out at the banks for failing to spot the problem earlier. "We have angry customers and lost revenues and it's simply not our fault," Stefan Genth, the head of HDE, told the German daily...
...Read "The Year in Health...
...writes books about defense issues. "It's very unusual for a civilian to be used unwittingly in these kinds of tests. Normally an airport would use its own staff for tests. So to hide explosives in someone's bag and just hope for the best seems very strange indeed." (Read "Threat of Homegrown Islamic Terrorism May Be Exaggerated...