Monday, August 6, 2012
Smart Card Alliance EMV forum
Smart Card Alliance EMV forum
The Smart Card Alliance formed a cross-industry forum to support the introduction of Europay/MasterCard/Visa (EMV) security standards and technology in the United States. The EMV Migration Forum is designed to help the payments industry transition from mag stripe cards to the more secure EMV contact and contactless cards.
SCA Executive Director Randy Vanderhoof said the lesson learned from introducing EMV in other markets is that cooperation among all participants is needed if EMV is to be implemented in the United States in an efficient, timely and effective manner. He said payments industry stakeholders are asking for the creation of a neutral organization to help facilitate the transition to EMV.
The EMV Migration Forum, while a part of the SCA's corporate organization, will have a separate membership and include representatives from card issuers, payment processors, merchants, acquirers, payment networks, industry suppliers, payment industry associations and other stakeholders.
The first meeting of the EMV Migration Forum will be held Sept. 12 to 13, 2012, at MasterCard Worldwide headquarters in Purchase, N.Y. Membership information is available at www.smartcardalliance.org/pages/activities-emv-migration-forum .
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