EMV workshops prepare ATM operators to meet October liability shift deadline Fraud liability costs moves to non-EMV certified ATM owners after 10/1/16
NEW YORK, February 11, 2016 –Responding to demand from ATM operators across the United States, the ATM Industry Association (ATMIA) and SCIL-EMV Academy, America’s EMV migration experts, announced today two new EMV workshops, that will take place at the ATMIA’s annual ATM industry conference in New Orleans, February 23-25. The workshops will teach ATM industry owners and operators how best to migrate their current systems to the new EMV chip based payment standard mandated by Visa, MasterCard, American Express and Discover. The liability shift deadline for ATM operators is October 2016 for MasterCard transactions, and October 2017 for Visa transactions – in addition fuel pump owners have to upgrade their pumps to EMV by October 1, 2017. After these dates the cost of fraud occurring on ATM systems that are not EMV compliant will pass directly to ATM operators. Credit and debit card fraud in the USA last year exceeded $5 billion dollars, prompting industry leaders to accelerate the push to secure EMV chip cards.
The session one class will focus on EMV readiness and arming ATM operators with a plan to succeed. Specific topics include reasons for implementing EMV, the different types of fraudulent transactions that can be detected by EMV, and how to reduce or eliminate these occurrences. A live EMV transaction will be demonstrated to illustrate, at a high level, the components and flow of an EMV transaction.
The afternoon class will focus on EMV migration issues and management of an EMV migration project. Topics covered include identification of the main issues to be considered when starting any EMV migration project; what challenges might be encountered with certification of ATMs; and what changes will require a re-certification. In addition, attendees will learn which components within the ATM (both hardware and software) provide EMV functionality. A live and more detailed EMV transaction will also be demonstrated.
According to Mansour Karimzedah, CTO and Program Director for SCIL-EMV Academy, “As more POS terminals migrate to EMV, fraud will go to less secure devices such as non-EMV ATMs. The U.S. has a long way to go to upgrade and retrofit thousands of ATMs around the country.”
“ATM operators should start now by educating their staff on the technical aspects of EMV and how an ATM migration project should be implemented to help them migrate seamlessly and cost effectively to reduce the risk of fraudulent transactions. Those that chose to delay risk increasing fraud and therefore costs for operators and the industry as a whole.”
About the ATMIA’s Annual U.S. Conference
The ATMIA’s annual U.S. conference and expo is the largest ATM-focused event in the world. For more information https://www.atmia.com/conferences/usa/agenda/ Make plans now to attend the 2016 conference in New Orleans! The theme for this next ATMIA USA conference is: “Connecting Consumers and their Money to the ATM.”
About SCIL_EMV Academy
SCIL-EMV Academy, America’s EMV migration experts, is the only independent EMV and payments training organization in the USA. Its broad curriculum offers extensive EMV training; education and payments consultancy focused on contact, contactless and mobile NFC markets. Areas of expertise include technology, EMV credit/debit smart card solutions, payment transaction processing systems, and mobile payments and enterprise security addressing the payments, healthcare and transportation markets. The EMV Academy also provides access to the latest EMV technologies. Headquartered in New York City it also has offices in Los Angeles, California and Toronto, Canada. To learn more or schedule and customize a workshop, visit Workshop Schedule.
The ATM Industry Association ATMIA is a non-profit trade association serving all businesses and groups in the ATM industry. The association is made up of over 5,000 members in 65 countries. We currently represent well over 1.5 million ATMs internationally. For more information go to – www.atmia.com.