>"Uh, so you don't already HAVE chips?! My EC card has had them for years. All ATMs use the chip, and magnetic strips only work as a fallback option (though there are safeguards against simply using a copied card without chip)."
None of my USA credit cards have chips.
My Bank of America debit/ATM card also has no chip.
>"I am curious, what are the options for online banking in the US today? When I was a customer of Citibank in the US in 2001, it was just username/password (I had an HBCI encryption chip on my German card then...)"
I can only speak to home/consumer use with Bank of America. They use a login, site image ID, and password for verification. The only other option is that F**KING "Rapport Trusteer" S**T software for MS-Windows-only that takes over your whole computer like a virus. BTW- we are *FORCED* to use that with SunTrust at work and it is a total NIGHTMARE, especially since we are nearly 100% Linux based. I have already recommend to the CFO and CEO we need to change banks because of it.