I remember about 10 years ago, Chase had a different sort of chip, about a quarter inch square that would protrude slightly through the plastic, and they called it "Blink". It wasn't too secure either if someone got close to you with a device. Then all the banks simply dropped it, never knew why.
CTA's Chicagocard worked fine (better than Ventra initially which was associated with an unscrupulous bank in Indiana), had 3 chips inside for easy reading by a device, but whoever provided the technology went out of business.
Most small and medium sized banks in the US are still very stubborn about going to Contactless cards, but go on bragging about chips, and urge you to use Apple and Google Pay.