CSG Innovation Classroom: Innovation and Cybersecurity: Payment Card Developments

Friday, Dec. 11, 11 a.m. - Noon CST & Saturday, Dec. 12, 11 a.m. - Noon CST
Commonly used globally in place of the magnetic stripe, EMV chip technology helps to reduce card fraud in a face-to-face, card-present environment; provides global interoperability; and enables safer transactions across contact and contactless channels. Chip implementation was initiated in the U.S. market in 2011 and 2012 when American Express, Discover, MasterCard and Visa announced their roadmaps for supporting a chip-based payments infrastructure. Readiness targets to support EMV have been established, with liability shifts for managing fraud risk in a face-to-face environment set for October 2015. In this session, Stephanie Ericksen, vice president for risk products at Visa Inc., will help educate policymakers on how chip technology can help reduce fraud and increase payment security in their respective states. This innovation classroom is presented by Visa.


The Innovation Classroom series is designed to provide engaging and interactive experiences for conference attendees. In recent years, the programming provided through CSG’s Innovation Classroom has focused on trainings on Facebook and Twitter, inbox management, protecting your online identity, understanding privacy settings, the cloud, cybersecurity, GIS mapping, and other online best practices and technology advancements impacting officials and the states.


Stephanie Ericksen
Vice President of Risk Products
Visa Inc.
Ericksen focuses on payment solutions that bring enhanced security to new payment technology channels and devices for Visa Inc. Specifically, she is responsible for managing integration of Visa’s contactless and contact chip payment services and new form factors beyond traditional cards and the product platforms that enhance the security of Visa’s core product offerings. Ericksen also has been actively involved in developing the global smart card implementation strategy and formulating business cases for Visa Smart Debit/Credit, GlobalPlatform and multi-application product offerings on contact and contactless chip cards and in mobile phones, and she has managed Visa’s participation in payment industry standards organizations such as GlobalPlatform, EMVCo and the Mobile Payment Forum.