driving

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Accelerating EMV Personalization:

Factors That Make a Difference
May 15, 2014
1 INSIDE Secure
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PRESENTATION 2014 May
SEPTEMBER 15 , 2014
2012
 DISCLAIMER
All forward-looking statements are INSIDE Secure vision and are
subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the forward-
looking statements.

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2012
 EMV migration impacts

Acceptance
Terminal replacement (Contact and/or contactless)

Network update (EMV data)

Host system update (EMV Data /CMS)

Issuance
Card replacement (Contactless / Contactless / Dual interface)

Personalization update

3 INSIDE Secure
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PRESENTATION 2014 May
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2012
 Personalization impacts
Data CMS Authorisation
Preparation Server
Personalization process update
Data preparation (EMV data)
Card profile
Issuer file format
Card Management System
Host Secure Module update (keys/ certificate) *

Personalization equipment
Machine replacement or update for Contact and/or contactless
reader
Personalization
Electrical personalization to create
Development costs
Operational costs

* Varies with card profiles

4 INSIDE Secure
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PRESENTATION 2014 May
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2012
 EMV Specifications (reminder)

EMV standards are a series of specifications and testing procedures for

chip payment cards and card accepting devices, such as point of sale
(POS) terminals and ATMs to facilitate the global interoperability and
compatibility of chip-based payment cards and payment terminals.

EMV Specifications covers

- Card / Terminal interface for transaction processing EMV 4.x Book 1-4
- Terminal /host interface

EMV CPS
- Card/ Reader interface for personalization

5 INSIDE Secure
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 Brands Specifications

VISA , MasterCard , Discover and others brands specifications are

compliant with EMV standard for their functional specifications.

For personalization, VISA, MasterCard , Discover and others brands

recommends the EMV Common Personalization Specifications (CPS)
to standardize the personalization process.

=> All 2.7 and 2.8 VISA Applet series implement EMV CPS

6 INSIDE Secure
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2012
 EMV Common Personalization
Specifications(CPS)

Card personalization is a major cost

components in production of EMV cards

CPS specification standardizes EMV card personalization process with

the objectives in:
Reducing personalization cost
Allowing common personalization script with only ATR difference
Greater choice of supplier (i.e. card and personalization bureau)
Faster time to market with EMV cards
Enhanced ability to switch suppliers

7 INSIDE Secure
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2012
 EMV Common Personalization
Specifications

The EMV CPS v1.1 (July 2007) standardize personalization process

by describing:

1. Data preparation
2. Personalization device set-up and processing
3. IC card Personalization processing
4. Cryptography for Personalization
5. Personalization Data Elements

By implementing EMV CPS, Personalization customization is focused on

- profile difference
- issuers difference

-As example integrating a new EMVC CPS complaint chip , its just an ATR change

8 INSIDE Secure
INVESTORS CARTES America
PRESENTATION 2014 May
SEPTEMBER 15 , 2014
2012
 EMV Common Personalization
Specifications

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 Personalization Efficiency

Personalization is a cost center and its optimization is critical

Operation involve interconnected components as

Data preparation system

Hardware Security Module

Card management system

Card personalization machine

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 Electrical Personalization

The electrical personalization (EMV data loading) can be done

standalone or can be part of a full personalization machine (include
embossing, laser engraving, Magstripe encoding, ..)

The throughput of the machine must be maximized. In that context, the

electrical personalization could become the bottleneck, especially in the
context of card supporting several applications.

EMV CPS can optimize the number of exchange between the reader and
the terminal but still with the appropriate security level.

11 INSIDE Secure
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2012
 Conclusion

EMV is a complex world

Standard could simplify it

In the EMV migration, EMV CPS is the only way to

streamline the effort for the personalization

12 INSIDE Secure
INVESTORS CARTES America
PRESENTATION 2014 May
SEPTEMBER 15 , 2014
2012
 Questions & Answers

13 INSIDE Secure
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PRESENTATION 2014 May
SEPTEMBER 15 , 2014
2012
 driving
trust
Thank You !
Reid Holmes
VP - Business Development / Payment
rholmes@insidefr.com

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