Radio Frequency Identification Technology for Logistics, Tagging and EPC

Episode 12: Does EMV really fight fraud?

Tuesday, April 29, 2008

Examining results from the UK’s Chip & PIN rollout

With Chip & PIN well established across the UK, fraud figures are painting an interesting picture of its impacts. Is it really making a difference when it comes to the never-ending battle against fraud? Consult Hyperion’s Richard Allen discusses card fraud in an EMV world with AVISIAN Executive Editor Chris Corum.


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viaForensics revealed some interesting information about Google Wallet. While the system is generally viewed as secure it still does leave some personal data unencrypted. Regarding ID’s Gina Jordan spoke with Andrew Hoog, chief investigative officer at viaForensics, about the analysis the company did on the system. While Google made some changes to the software after the report was released, Hoog says more needs to be done. “There was a lot of information left on the device,” he says. “If somebody was trying to take over an identity, they could use this information to either pose as you or call you and act like they’re the credit card company and try to get you to release the additional information,” he adds.

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The Department of Motor Vehicles in Rhode Island is employing a facial recognition-based system in its license and identification card issuance programs in an effort to curb identity fraud, according to a Turn to 10 article.

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Clarity Services, a provider of thin-file and underbanked consumer data reporting, has called on Experian to provide identity verification and fraud detection services for its subprime market product.

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With near field communication on the horizon and more handsets hitting the market that include the technology, what about the mobile wallet? The software the enables the chip on the phone to perform various tasks is necessary for anything to happen in the NFC ecosystem. The Mobey Forum released a white paper that examines the mobile wallet, what it is and what it does. Gerhard Romen, member of the board of directors at the Mobey Forum and director of Mobile Financial Services at Nokia, discusses the report and why the mobile wallet is more than just payments. Romen also gives his take on Verizon’s decision not to enable Google Wallet in the new Samsung handsets in favor of its soon-to-be-released ISIS.

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Visa made waves in August when it unveiled a road map to move the U.S. to EMV and then again in January when the company said that the country’s deployment wouldn’t be chip and PIN. Stephanie Ericksen, head of Authentication Product Integration at Visa USA, talks to Regarding ID’s Gina Jordan about the move and why the U.S. will have a different solution than what other typically associate with EMV. “One thing that we’re trying to clarify is there are many countries around the world that have adopted EMV chip technology, but it’s not chip and PIN,” Ericksen says.

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Internet fraud prevention and user authentication provider TeleSign and IP geolocation and online fraud detection company MaxMind have joined forces to create a multilayer fraud prevention service.

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