The Smart Card Alliance, an industry group organized to promote wider use of cards enabled with computer chips, is starting a forum designed to facilitate the implementation of cards with chips in the U.S.
The EMV Migration Forum will be open to both individual credit unions and credit union trade associations and will help formulate and promulgate best practices for chip card readers and other devices as well as provide guidance on technical issues and promote consumer awareness of the new technology.
EMV stands for Europay, MasterCard and VISA, a global standard for inter-operation of integrated circuit cards, the formal name for the cards that carry the chips.
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