Layering Security Solutions with EMV and Tokenization

Case Studies

Layering Security Solutions with EMV and Tokenization

EMV technology means to retailers and omni-channel businesses; what it does and doesn’t accomplish; and how it fits in with other security strategies. This paper will help you understand these conundrums and how the TokenEx Cloud Security Platform, alongside EMV, can assist you in protecting your payment data while lowering costs of PCI compliance and reducing data theft risk  without impacting your normal business processes.

EXECUTIVE SUMMARY

When a new technology is introduced as a mandatory requirement for doing business, it can
initially cause confusion and consternation. Especially a technology that requires expensive upfront
investments in equipment. Doubly so if it shifts liability for fraud. So it is today with EMV chip-based
payments cards and the required card readers. EMV has, so far, been successful at reducing card present fraud and the proliferation of fake mag-stripe cards in Europe where it has been widely implemented. However, the high cost of implementation and its weakness in preventing card-not-present fraud has slowed the introduction in the United States. Confusion abounds as to what the approaching deadline for implementing EMV technology means to retailers and omni-channel businesses; what it does and doesn’t accomplish; and how it fits in with other security strategies. This paper will help you understand these conundrums and how the TokenEx Cloud Security Platform, alongside EMV, can assist you in protecting your payment data while lowering costs of PCI compliance and reducing data theft risk without impacting your normal business processes…

chip-reader