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7/31/2019 Level Four Guide to Emv Migration Australia
1/10
GUIDE TO....EMV MIGraTIOn In aUsTralIa
Financial institutions in Australia are updating
ageing ATM technology infrastructure to maximise
revenues and better service customer demands.
How can Australian banks successfully navigate the
complex path to EMV migration?
7/31/2019 Level Four Guide to Emv Migration Australia
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GUIDE TO....EMV Migration
in australiaa mke vevew................. ................... .................. .......... 3
EMV dp a ................. ................... .................. ............. 4
7 be pcce p EMV m ................................. .......... 6
7/31/2019 Level Four Guide to Emv Migration Australia
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EMV Migration
in australia
the a pyme mke h evved cy he e ye, keep pce wh he b hwd hhe vme eecc pyme c
w mbe pyme che.
the bk bch h becme e eed p
cme d bee cey me heee mke pyme d me he ce.Hweve, e he e med evce,he atM mche, c py mp e
he a mke.
accd 2010 eech m MWE C, bewee65 d 70 pe ce c a e
cdced ch d he vee ve whdw atM e ey hee pe ce $179 2009. theatM my ypcy be vewed vve bkevce, de ee bk d he emeece
mbe pyme, b he ey h che e mpce d h he pe eve hewy bk ec wh cme.
How i the cuet ecoomic itutiofectig aTM deveopmet?iv he a pyme mke h bee
ed by he pee ecmc evme, hece d he wd. the mke cd me hc evce cmpe e ced cmeee d cq pev ye. a
e, y he m cmpe be ce hpme mpved cme expeece d bme bee e be mpemeed.
the dve ehced cme evce d ced
ye pde veme v p he atM hp c cc bk che. ideed, hee
wve veme he atM che c hedy. Fc e eek pdee atM echy ce de
mxme vbe evee b e he che bee evce w cme demd.
a he me me bk e c pee ehce
cme evce ce che ch he atM,c e expeec cey che e he ped dc
EMV a. i h gde, leve F w k pe mde de a wh EMV m,
he mpc EMV he atM d eve bepcce ep de bk m pjec.
auti pymet cd
dcpe chege doppotuitie t the aTM
there is a wave ofinvestment in the ATMchannel
7/31/2019 Level Four Guide to Emv Migration Australia
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EMV m mded by EMVCwh by h ke pce 2013.Fc e edy he
pepy phe, m c p me he m whch mpcmpe pyme che d cedce.
gby, he be mpe mve EMV edce d e. the dd
ecy h EMV e me h cd decee cd d hve bee
mde he mke h e edy yEMV cmp. i c, w he
EMV he uK 2004, cd d edcedby 25 pe ce wh he w ye.
the aPCa eped h kmm d a-ed ced cd h edydpped he me eve - m $50.1m
2008 $37.5m 2009, 25 pe ce .the dp de he edy - EMVced cd by he cy mj bk.Hweve, kmm d Pin-y deb
cd ceed m d $5m $17.5mw pe ck mechem 2009, dem he phe
h y cmpce w edce.
oce he EMV mde ce ehe m dede, hee e epby m he cd- bk
he cd-cq bk he eve de cd e. th by h pm mpce c
a em e
h e e mmed. n e cy bepecy de he c h h w cde
e d by h mece dp he EMV dd.
Whe d hede e cy cmp wh he mke whch hveced me c chee hcy,a c cey mke bm e
v hh edc cd d dbk e kee vd y cee e e he by h. ove, a
me pyme mke d dphe de c b dd m cd
ebe m cmpeve p.
The kock o impictio o EMVdoptio o the aTM
the atM dcpe a w by
bee m he echy eeh hEMV ec.
new echy w dbedy bee exby atM depye whchw mpve evce eve pme deby. i dd, ecy yem h
e w emked epceme
pde w e hb bk m c ede atM evce.
F exmpe, m atM em ecey d-p cec heh whch m he evce e d
heee m EMV b he mpe c. th me h heveme h c e
mk he m, hey e be e he bee d roi. i eh my e kedve he bee h m-
ved evme c b he atM.
a pee, bk e cey m e de che he atM.
Wh h che cme evbe deee dded cmpexy. thee e cyme ype cd cd wh EMVcd, he h c mec pe
cd, whch eqe he atM h yem pce mch wde e ce.
addy, he chp cmpedevce, ec wh he atM dpcee d he h be c
ece w he ce wh mecpe cd. a e, he mded
m EMV he uK, exmpe,eed mj hdwe epceme
cyce he ex ecy os/2 mchewee cpbe pp hedd cypphc pce
eqed de EMV. M uK atM w mde Wdw-bed mchewh mch me phced cpbe.
th me h atM w hve he by
ec wh he m ed he chp d hve he echc cpby pvde dvced cy he cme ch ee eve
pe he c.
udedby, hee c hveeed me cmpex atMevme. EMV cmp atM eb e me me b eve h
d atM. t ee h he atMce deve hh eve cmeevce d c, c
m ecde he atM e ee.
EMV doptio i auti
fraud losses are putin sharp focus afterthe liability shift
New technologywill bring greaterexibility to ATMdeployers
7/31/2019 Level Four Guide to Emv Migration Australia
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EMV Migration
in australia
te ypc EMV cd eq e hded dee e cp, whch, whe mped by hembe dee cd ype, e exevee vee. addy, he dd behd
EMV cd che me eqey d heee
eqe me e. a e, cmm dy e ce ce exceed 5,000.
Wh e m e k m ve me meh e h cdc, m med
atM e pcede cey becm be he bk w mxme hepe h che.
I thi guide
the emde h de e he m mp
e cde a
he cm hee ye m EMV. i
exhve mmy b de e h he
m chee d he che h
c m veee e he m m he
EMV veme he em.
7/31/2019 Level Four Guide to Emv Migration Australia
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7/31/2019 Level Four Guide to Emv Migration Australia
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EMV Migration
in australia
m cd. a e, hee edy kwede vbe by h c be ed ppa bk he e mke he mh pbe.
F v pec he c ecyce, hee eme ved d dy bde h c pvde
be pcce pp. EMVC, wed by amecExpe, JCB, MeCd d V, me, md ehce he EMV pecc d e eve
wk p exmpe. i dd, my bk he uK che ce he p d m EMV. th h eed peced ec he vedcmmy wh pve ck ecd he devey
EMV-cmp . a bk c eveeh kwede d expeece ee he wm mee dy be pcce.
3. Chge ythig, tet eveythig
i e e ecy d mpved dpeve, EMV b vy ceed cmpexywhch m be deemed. i pc, EMVpee depye d cq yem wh
ceed chee he devepme, e ddepyme EMV cd, whe cmped mecpe cd. th y em m hec m EMV b ccy, h ee he
eed e he EMV ce.
th pcy mp he atM EMV m
che he ee ewk evme. thee ehded hd dee c cee m he my dee ype EMV cd d
h cee he kehd cc. Bk
eqe cmpeheve e ee ee hhey c p d qcky x y pe pbem. ibk d hve e ee pce, he hey
e vebe c eve dwme, whch wevey mpc bd ep d cme evce.
a e, m e eme EMV-bedc vbe, whch me my c w eed pde he e ee.Wh me, e he atM j he p he
cebe. thee e me he ec yemh behd he atM mche e, whch eed be c d y eed.
Whe cme depy med e ,he be bee e y eed bk be mee he eqeme m e yem. typcy,ed--ed e EMV m d beyd m
ecmp he atM, eev cd ype, he h hdve he atM, we he exe wch dh ewk (e.. cd cheme) h e
vved he c ch.
the e dve ed--ed e cme me h che med d h che de
The og tem oe o utomted tetig tthe aTM
EMV cd vy cee he mbe ph h exm cd h ey. Mpe ppc
ede e EMV mcd eey
mbe mpe cd ed-p e. Ech hee
ppc my be ed evce he atM, ce
he cmpexy he ec wh he cdhde.
Fheme, he EMV chp he cd w hve cmmd,
qee pde h e e by he v h
h whch cee he cmpexy he mee mx
h eed be pped.
i dd, cdhde cey expec eve-
mpved eve evce qy, p ceed pee he eed y e he ed ed evme
me e d dwme. Wh he dd ew
evce be dced he atM b
h pbem de dmh b cee ve me.
am h pve deve v he c
he e 25:1. smpy, m e h
ke 25 dy c be cmpeed e. thee me v
e y c eecve b hey w bk
ee vme e. the c m me d
ece eqed cdc m e e e
c ch cdc y he e
h e m mp he h exhvey e
yem.
Fheme, m d he e m
dd he, meme veked bee. they pvde
p exby y pjec. i -med, -
med evme ech eeme he yem m be
edy bee e c cmmece. Wh m d
m, hweve, pbe cdc pd ee
y yem deyed eve epce h cmpe
wh m h w yem be eed
hey e deveped, pped he mme whe
eveyh pce. th me h pjec c
me d me he e ech cmpe
ccy eked.
i h epec, he em bee EMV m e
ce. n y c c ee mpved
qy c b hey c deve ew evce
mke me pdy. th cc he e v
he atM che d ew ee ch mbe
phe p p cke pche e eed, peed w
be e cmpeve dee.
EMV migration changesthe entire networkenvironment
7/31/2019 Level Four Guide to Emv Migration Australia
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dp he qy he yem. o atM e cc me he che em b.
Wh bk w embk -ce EMV m,mpeme cmpeheve e ey eqeme h j pdc echc . i eqe eev kehde he bk wk
ee he ed--ed yem e y peped he ceed cmpexy h EMV cd b md he pe he EMV evme.
4. Dot wit uti the dedie to u u EMV
eviometDe he mbe eed yem h m bemde EMV cmp he bck d ce mp e eveyh b ee e heyem. sm he ed--ed EMV ce
cc me eby d cce. a e,it em ee h ew depyme wk b ee h he whe evme wk .
th h-hed ppch h de ckwedehe mpe c h he whe yem h ed p pdc, he dvd cmpe h mke p.
sm w expe he che h w em EMV m h vd cmpced ep byep depyme pce whch wd ce c
exe he m dede. F h e, mp c cdc ed--ede pbe.
Wh he h echy pce, m he EMVevme c be de wh he pp cde. th ebe he c che peed whch me EMV m d
w epeed cce eve e fee. F exmpe, cd e hd e mede echy wh h m pepe V
cec eqeme. smpe ep ch hee wee h cme evce mpced d w vd whee c e cmpe whhe bk he cd cheme me e d
cced he me.
5. Cobote to meet tict timeiesep wd EMV m e dewy m vved, cd e, cqe d wchved. Hweve, b he ed de, hee eed
mee he m pce pme pyh ed he dy m. the dd e pe epe hee e wy he
me pe vved cmpy. Fheme, y key h he EMV cmp yem hve evebee eed ech he, hey hve eve beeed wh e EMV cmp cd.
Cey, evey EMV cmpe m ee hec ch EMV c be cce
d heee mp c e cbve ppch wh he em dved pp EMV m. th pcymp ce EMV cmpce e m-ceed
c pce wh ee mbe d cmpexy
cmpe he c ch.
Wk cb wh ved hd hep cde de wh h cmpexy d hep ee hey dvek he me deed eeme cmpce. F
exmpe, key deece bewee EMV cd d mecpe cd he by he me hd mpeppc. a e, he h m be be epd ee mbe EMV mee hh
c. sme, ye cc, cde kehee e e key be veked whe wk pehp wh he dy pye d echem ke cbve ppch wh ech he.
Fy, e cb j mp exe pehp. Pev cy depyme
hve demed he eed ee he EMV mpce de ke pce eqey; hee deh he mee w be med dee depme
w ech he cmpe EMV m beeembk he w cmpce k. i cc hhe mee wk dem c mpe e hebk ee h he 2013 dede me.
6. Ivet i the og tem oppotuitie EMV wi ofethe em mpc pe EMV evme c b wy cdeed d he phev m e. the m ced bee w hedp Chp d Pin pve by pp
d peve d mke bm e v e. Hweve, he dme dve h eveked he mpc h eche,
pcee d yem h wee peccy dced pp EMV m c b he be he em.
F exmpe, EMV m ppy pde d eeh bck ce pcee c mpve heme mke ew pdc d evce. the e e
cme h he echy dep dy dy bk cvy deve hhe qy evce dee eve v.
o p h, EMV ebe c depy m-ppc cd. My bk d cdcheme ch V d MeCd w k
mpe ppc ieed Cc Chp (iCC)cd eee dd e veme ve hecm ye. th w cde yh m
eecc pe, ch he ocp cd spe, bded yy pmme.
a hee c ebe c
it is critical to foster acollaborative approachwith in house teams andvendors
Simulating the nal end-to-
end EMV infrastructure iscritical
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EMV Migration
in australia
mxme he ve he EMV veme b mp emembe h hey w he ceehe cmpexy he atM d h evme.Ceqey, ee h bk d atM pe
pepe hee che de ee h
cme c cmpe c ccey b. Wh he m e ch c
dek, c be ey e h he emche h m be ccmmded.
am pcee h w hve bee cdced
my w ce me emed bck ce dmke ee ee em . F he embee h veme EMV c deve mp
h hee eche d pce e pce mhe mmem. F exmpe, med atM e c y b c d me ecece b hep m pme d evce eve cecy heebyepy he veme EMV pjec.
7. ae you dequtey eouced o EMV migtio?a c evce pe hve cexpee d he bk dcpe dbedymde d echcy dvced, cmped
he h hve embked EMV m.
Hweve, ece e e. i bk eve m
he me wh ee mpeme
mece m he pe vved, hee veye k h he pce w be hmpeed by ck mpwe ce he cpcy c evce
pe wd be eveey eched. th ewd dd bm e c d p he dede m jepdy.
F h e, cc h a bke m he p exmpe he uK, whee mbe ep wee e he eeveh h
e. Cmpcecy w w ed ec dcmpce chee e. Wh d mee pce m dy e, a bk hve hee ye
chede hee ep wd m.
automated ATM testingbrings cost and timeefciencies
about thi guide
leve F swe h expeece pp me
he wd ed c he m
he atM evme EMV.
Abbey National, (w sde), peed wh leve
F, t ded he cmpexy EMV cmpce
d he pe mpc h cd hve be
we e y peped. oe pmy [ he
pehp] ee h we d cveece
cme d he .
Giro Bankcardeeded hep m leve F pdy
depy ce d ppc, cp he cmpex
cy EMV m cd.
Samba Financial Group said, Wh hh vme atM
c c he ewk atM, d he ce
cmpexe dced by EMV, hh dd qy
ce eqed m he e evme.
TecBan, he e pce -peme atM Bz,
d, Cme tecB atM w hve cce
e he m ebe, hh cy atM ewk
Bz, w pjec wh leve F.
Rabobank he nehed d, the key e why
EMV pjec w ch cce w he by ee
e cmpe-bed m p d pjec
ce wh he ew cd. i ebed be he
e Dch bk EMV ced cd d be
cmp wh EMV dd.
Link, (w Vclk), we he EMV
m, d, th hep bek dw he cmmd
bck d h, d cheve cmpee vby wh
hppe.
9
7/31/2019 Level Four Guide to Emv Migration Australia
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