Interesting article that touches on PCI – the guy interviewed here, Gray Taylor, suggests what has to happen in order to reduce fraud in the credit card arena.

Fighting Fraud: Banks, Merchants Must Align

He seems to be concluding that the PCI standards are failing, and that banks and merchants must move to stronger measures – perhaps fingerprint scanning, or other biometrics to verify a customer’s identity.

So the question is whether the PCI standards will be ditched, or simply added to in the future.