Switch over of credit card from swipe and sign to chip and PIN system

http://blogs.wsj.com/corporate-intelligence/2014/02/06/october-2015-the-end-of-the-swipe-and-sign-credit-card/

To end massive credit card fraud;  why is US so late in this change?

This uses smart card and PIN instead of the usual swipe and sign technology which is still being used in US and here in PHL