Not necessarily.
A bank may tell you that because a chip was used, the transaction had to be yours. That sounds powerful because the technology sounds sophisticated.
But the important question is still whether the bank’s evidence actually establishes that you made or authorized the transaction.
A technical fact about how a transaction was processed is not automatically the same thing as proof of who the human being behind it was.
I discuss this broader problem in “The Bank Says It Investigated. Did It?”:
https://www.cardozalawcorp.com/blog/the-bank-says-it-investigated-did-it-.cfm
If your bank denied your fraud claim because it says the chip proves you did it, call us, start a chat, or use the contact form and choose Bank Hacking.
