PPT-EMV, Tokenization and Apple Pay

The New Landscape Carolinas Credit Unions Council October 10 2014 Leanne Phelps Senior Vice President Card Services State Employees Credit Union Agenda EMV The Technology Tokenization. Presented to: . Government. . Finance Officers Association. of South Carolina. Date: May 4, 2015. First: The Proverbial Question. Issuers. Acquirers. The Race is On: Agenda. Alphabet Soup: Definitions . UPDATE. October. . 2014. Discussion Topics. H. ear . important information regarding Fiserv support for the . transition . to the EMV standard.  . Fiserv . deployment plans and . support . initiatives will be announced to provide you with . The New Landscape. Carolina’s Credit Unions Council . October 10, 2014. Leanne Phelps. Senior Vice President, Card Services. State Employees’ Credit Union . Agenda. EMV. : The . Technology. Tokenization. Introducing a . Frictionless . Defense Against CNP Fraud. Mr. James Packer, Esq.. Chief Operating Office and General Counsel. SecureBuy LLC. The EMV Shift Is Here. : . Introducing . a . Frictionless. Gavin Levin, CTP. eReceivables Consultant. What is EMV?. Why will this impact Card Not Present fraud. Leveraging technology to strengthen security. Q&A. Agenda. EMV is a global payment system that entails putting a microprocessor chip into debit and credit cards, making them less vulnerable to fraud for in-person transactions. Because EMV uses better data security, this standard is being adopted in the United States. In addition, most debit and credit cards will be reissued with EMV chips by October 2015. EMV terminals are already in use all over the world and growing more and more popular everywhere. Part 2: Using Tokenization Methods. Terence Spies, . Chair X9F1 Work Group. Steve Schmalz, . X9F6 Member and X9.119-2 Document Editor. . . Copyright © 2013 Accredited Standards Committee X9, Inc. All rights reserved.. By Corey and Sean . Here's what Shopping w/ Apple Watch will Look Like. Came out on April 25 2015. Comes with Apple Pay . With swipe of the wrist customers can pay for their items . Many big companies rushed to make apps compatible . What does EMV stand for?. Europay, Master Card, and Visa. What is the EMV Chip?. The chip is . a secure microprocessor . built into each card, . which generates a unique number for each sales transaction in a restaurant and verifies a credit card is authentic at the time of a purchase. This makes it virtually impossible to use a fraudulent card on a card-present transaction.. Tyler Moore. CS7403, University of Tulsa. Reading: Anderson . Security Engineering. , Ch. 5.2.4 (136—138), 10.3-10.4 (328—343. ). Papers on Course Schedule. 1. Agenda. EMV Design. EMV Attacks. EMV’s Context in Overall Payment Fraud. : . The disappearing money . pot. A pot of money increases at a rate of $20 per hour. . Thus, the amount in the pot is A(t) = $20t dollars after t hours, if it is still there.. The pot will be grabbed by someone else (or disappear) at a random time, uniformly distributed between 0 and 10 hours, unless you grab it first.. EMV Liability Shift - What changed?. Counterfeit Cards - Stolen card data burned onto mag stripe of a different card. Merchant. Keyed transactions at register. All Card Not Present transactions. (. Director of eCommerce. University of the Pacific. Credit Card. The University of the Pacific, the first chartered institution of higher education in California, is an independent and comprehensive university offering over sixty-six (66) undergraduate programs and thirty-three (33) graduate programs. . Devices and programs used for making payments for purchases digitally, without presenting a physical credit card, debit card, or cash. . Device-based digital wallets . use . near field communication . Steve Woods. Director of Student Accounts. Cal Lutheran University. Matt Camino. Director of eCommerce. University of the Pacific. Accepting Mobile Payments. So you’re ready to take your payment acceptance mobile? What do you need to know:.