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EMV Whitepaper

EMV Whitepaper

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Published by sardoukn

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Published by: sardoukn on Feb 10, 2010
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07/13/2010

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Could growing ATM fraudaccelerate US conversionto the chip card?
Level Four Americas white paper 
 
Contents3Introduction4The Rise of ATM fraud5Beating the fraudsters8A better way to tackle ATM fraud10About Level Four Americas
Could growing ATM fraud accelerateUS conversion to the chip card?
 
3Introduction
The real cost of ATM fraud in the US isapproaching $200 million a year and rapidly increasing, despite industry efforts to improvesecurity and customer education.Smarter criminals work on a larger scale usingthe latest technology. Other regions of the worldare replacing magnetic stripe payment cards toaddress this rising tide of fraud. Perhaps the USshould consider introducing chip cards into its ATMnetworks before the situation gets out of control.
Introduction
Could growing ATM fraud accelerateUS conversion to the chip card?

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