August 12 - UL has announced plans to help educate the industry on what is required to successfully migrate from magstripe to EMV technology in the U.S.
Seeing as EMV reduces face-to-face transaction fraud and considering the upcoming liability shift per October 2015, the migration towards EMV technology in the U.S. is accelerating. In order to successfully plan and execute any EMV initiative, the U.S. will benefit from getting up to speed on the scope, impact and advantages of EMV. UL has been involved in the adaption and implementation of the EMV technology standards since the late 1990s and brings their extensive experience to the U.S., to support the country with its EMV migration challenges.
Sherif Samy, Commercial Director of North America at UL’s Transaction Security division, said: “We are bringing best practices, lessons learnt and knowledge of the market to the U.S. through specific training courses and workshops, both in-class and online, that have been designed with the U.S. situation in mind. We intend to offer a number of courses to help the industry understand what is involved when migration to EMV, and to help them gear up for this.”
The first workshop is scheduled for the 4th of September in San Francisco, and has been designed to provide an understanding of EMV, its effects on the industry, as well as the underlying technology. This one day EMV workshop will save the industry a lot of time in trying to understand EMV and is the start of a series of educative instructor-led training programs that will help bring more knowledge on the subject to the U.S. market. Additionally, UL has designed an eLearning course on EMV and contactless training course that aims to provide users an understanding of EMV, from the comfort of their own desks.
UL’s training courses have educated over 1000 customers, including major banks, Mobile Network Operators (MNOs), Public Transport Operators (PTOs), governments and vendors with expert knowledge on the latest technologies worldwide. UL’s training courses are the platform to get an in-depth understanding of both business and technical aspects regarding electronic transactions
For further information please visit www.ul-ts.com/training