This webinar provides an introduction to EMV payment concepts and the reasons these are now introduced in the U.S. market. It is explained how EMV adds dynamic authentication and off-line PIN capabilities in order to reduce the risk of fraud.
The aim of this Webinar, sponsored by Cryptera, is to provide an overview and basic understanding in order to prepare participants for future EMV implementation and provide hints on where to find further assistance.
Topics covered include:
What is EMV? Why is it needed? What are the benefits?
EMV building blocks (elements of an EMV transaction, dynamic authentification, introducing offline PIN verification, contactless cards)
How is EMV implemented? (processing prerequisites, EMV approvals, adding an EMV "kernel," certifying the solution)