New CUNA Technology Council white paper discusses EMV technology and security

MADISON, WI (November 21, 2014) — Smart cards are largely touted as safer transaction vehicles than magnetic-stripe (mag-stripe) cards. But does this mean all your credit union’s card fraud will vanish after issuing smart cards to members? What about fraud risk now, and throughout the transition period? And what role should IT staff play in the move to the new payment technology?

A new white paper from the CUNA Technology Council, “EMV-Chip Technology: What to Expect as You Switch to Smart Cards,” examines:

  • Implementation
  • Dealing With the Data Breach Fall-Out
  • Protection From CNP Fraud
  • Formats and Options
  • Leadership and Collaboration
  • Awareness and Education
  • Mobile Payments and Payment Industry Trends

This white paper is the fourth in a series of four white papers devoted to security issues in 2014.

CUNA Council members are eligible to receive complimentary copies of this, and more than 300 other white papers.

The paper is available online in the white paper section of

CUNA Technology Council 
Established in 1995, the CUNA Technology Council is a member-led organization made up of more than 750 credit union technology experts across the United States. The Council’s goal is to shape the advancement of credit union technology by leveraging collective peer strength through the sharing of information and fostering of professional development. The CUNA Technology Council is one of the six organizations that make up the CUNA Councils, a network of more than 6,200 credit union professionals. For more information, or


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