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Table of Contents

Lead Story

CNP fraud: Evolving strategies for an evolving market

Patti Murphy


Industry Update

Farewell to Kenneth T. Elderts, respected leader and friend

Chip and PIN debate roils retail, payments sectors

EMV advances beyond compliance

Office Depot sues Delaware for audit overreach


GS Advisory Board:
The state of mobile today - Part 3

Banks ripe for disruption

Jeff Thorness


What's in your payment mix?

Dale S. Laszig
DSL Direct LLC

Wake up and certify more EMV terminals

Steven Feldshuh

Bankers' issues are our issues

Brandes Elitch
CrossCheck Inc.


Street SmartsSM:
Bid farewell to traditional job security

John Tucker
1st Capital Loans LLC

The good, the bad, and the payday loan

Brett Husak
National Bank Services

Going beyond data breach reporting in the United States

Fran Sachs and Lorie Schrameck
CSR Professional Services Inc.

Company Profile

TransPay Processing

New Products

Real-time ID scans to limit fraud, boost conversions

Jumio Corp.

Free, cloud-based tablet POS

Zero POS


Embrace pauses during presentations


Letter from the editors

Readers Speak

Resource Guide


A Bigger Thing

The Green Sheet Online Edition

August 22, 2016  •  Issue 16:08:02

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EMV advances beyond compliance

Retailers may be moving past the critical first phase of EMV (Europay, Mastercard and Visa) adoption, according to recent studies. A new report published in July 2016 by New York-based CardFlight Inc. used aggregated data to evaluate adoption levels among end users of the company's mobile payments app. The results were better than expected, the company reported. "Since we were one of the first companies to bring an EMV mobile payment solution to the U.S. market, we feel it's important to collect data and share it with the rest of the industry," said Derek Webster, CardFlight founder and Chief Executive Officer.

The CardFlight EMV Migration Tracker assessed the impact of EMV chip card migration on individual businesses and the retail community. Following are some highlights from the report:

The company derived its data from hundreds of thousands of transactions processed through its payment gateway across all 50 states between October 2015 and June 2016. A full copy of the report can be found at

EMV integral to payments

The recent renaming of the EMV Migration Forum to the U.S. Payments Forum may be another indication that U.S. EMV adoption has progressed beyond an early implementation phase. The Princeton, N.J.-based forum led the industry-wide chip migration, providing expanded support to payments stakeholders while broadening its focus to other emerging payment technologies.

"For any emerging payments technology to take hold in the United States, there needs to be a forum for all payments stakeholders to build relationships, understand each other's unique requirements, build best implementation practices and work out issues together," said Randy Vanderhoof, Director of the U.S. Payments Forum. "We've seen the tremendous amount of progress that can be made using this model of forum with the U.S. EMV chip migration, and so we are now expanding our charter and becoming the U.S. Payments Forum, so the payments industry can continue to work closely together to effectively address the implementation of additional technologies such as mobile payments, card-not-present security solutions and tokenization."

Vanderhoof called the migration to chip payments "the biggest and most complex implementation by the U.S. payments ecosystem," and he expects it to remain a top priority for the forum. In addition to continued support of chip migration and updates to payment specifications and standards, forum members will provide guidance on industry best practices, technical issues and emerging payment schemes. They will also work with merchants, acquirers and service providers to facilitate consumer adoption and improve the overall consumer shopping journey.

Diversified members, projects

Member organizations of the U.S. Payments Forum include global and domestic payment networks, financial card issuers, payment processors, merchants, acquirers, vendors and industry associations. Its new constituent groups representing emerging payment segments include mobile payment, ecommerce and cloud technology service providers.

The forum has produced an array of educational resources since it was established in 2012. In addition to its library of resources, white papers, webinars and educational video recordings, its contributions include:

Among many new projects planned, the forum will explore tokenization, card-not-present transactions, point-to-point encryption and mobile and contactless payments.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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North American Bancard | USAePay | Board Studios