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Predicting winners and losers in the EMV rollout

Discussion in 'CSO' started by RSS, Jul 27, 2015.

  1. RSS

    RSS New Member Member

    We're just a couple months shy of the big EMV liability shift. That’s when companies that don't accept chip-enabled debit and credit cards take on financial responsibility for hacks and fraud.

    But who's ready? Who's not? And who will come out ahead when that October 1 deadline rolls around?

    "We operate a very large, diversified, complex payments ecosystem in the U.S.," says Randy Vanderhoof, director of the EMV Migration Forum. "We have thousands of issuers of payment cards. We have millions of merchant retailers and tens of millions of point of sale devices that all need to be upgraded and changed to support EMV."

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