Recently, a federal court overturned the Federal Reserve’s implementation of the Durbin Amendment. Since then, there have been many questions about its possible impact on the ongoing migration to EMV chip technology in the United States.
The EMV Migration Forum would like to address the ruling and its potential impact on the Forum and its activities.
Merchant, issuer, merchant acquirer, and issuer processor members recommend EMV debit implementation principles
Princeton Junction, N.J., July 1, 2013–Following its June meeting, the EMV Migration Forum has issued the following statement on EMV debit implementation in the United States:
“The merchant, issuer, merchant acquirer, and issuer processor members of the EMV Migration Forum came together and jointly recommended principles for implementing EMV debit in the United States.
Next meeting set for June 27-28, 2013 at McDonald’s Hamburger University
Princeton Junction, N.J., June 19, 2013–To more broadly address the challenges impacting the U.S. payments ecosystem’s move to EMV chip payments, the EMV Migration Forum today announced an expansion of its Working Committees to include the ATM Working Committee and the Card-Not-Present Fraud Working Committee. The Forum also announced its next members-only meeting for June 27-28, 2013, hosted by McDonald’s at Hamburger University in Oak Brook, IL. Member registration information is available at http://www.cvent.com/events/emv-migration-forum-meeting-june-13/event-summary-403fa5c3460d4d8e81eb221ee1b2a08f.aspx.
Free education for all stakeholders including card issuers, acquirers/processors, retailers, and transit operators
Princeton Junction, N.J., May 9, 2013–The Smart Card Alliance released today a series of videos to educate U.S. payments industry stakeholders on considerations for the U.S. migration to chip-enabled EMV payments on its EMV Connection website. Filmed in February at the 2013 Payments Summit, the ”How EMV Changes Payment” video series features industry experts from the Smart Card Alliance Payments Council and EMV Migration Forum.
Princeton Junction, N.J., March 5, 2013–Formed in August 2012 to help the payments ecosystem in the United States move to a new way to pay with EMV chip cards, the EMV Migration Forum has advanced significantly in a short period of time. Following its third meeting last month in Salt Lake City, the Forum announced its newly-elected steering committee, membership growth, and progress of its four Working Committees.
Princeton Junction, N.J., March 5, 2013–To promote clear and consistent communication as EMV technology is introduced into the U.S., the EMV Migration Forum today released its first official publication, “The Standardization of Terminology.” Created by the Forum’s Communication and Education Working Committee, the document defines common chip and EMV terms for use in educational and marketing communications.
Princeton Junction, N.J., December 19, 2012–Payments industry stakeholders now have a website dedicated entirely to helping with the United States’ upcoming move to EMV chip technology – EMV Connection at http://www.emv-connection.com. The site, launched by the Smart Card Alliance, provides up-to-date information on the status of EMV migration, along with tutorials and educational resources that will assist with migration.
Forum to work towards a collaborative, timely, and effective transition to EMV payments
Princeton Junction, N.J., December 19, 2012–To join the payments ecosystem together as the United States moves to a new way to pay with EMV chip cards, the Smart Card Alliance today announced the formation of an independent, cross-industry organization, the EMV Migration Forum. The Forum will support the alignment of the EMV implementation steps required for global payment networks, regional payment networks, issuers, processors, merchants, and consumers to successfully move from magnetic stripe technology to secure EMV contact and contactless technology in the United States.
Princeton Junction, N.J., December 19, 2012–The need for strong industry alignment in advance of the U.S. move to chip-based EMV payments was evident as payments stakeholders came together for the inaugural meeting of the EMV Migration Forum last week. The Forum is a new independent organization created by the Smart Card Alliance to support the coordination of the implementation steps required to successfully migrate from magnetic stripe technology to secure EMV contact and contactless technology in the United States.
Princeton Junction, N.J., December 19, 2012–The EMV Migration Forum has experienced tremendous interest and growth since its formation four months ago, growing to 100 members from the entire payments industry, including global payment brands, financial institutions, merchants, processors, acquirers, regional debit networks, device manufacturers and industry associations. This month, the Forum reported a productive second meeting with more than 200 attendees at Visa’s corporate headquarters in Foster City, CA.