The migration to EMV is proceeding across the payments industry. Merchants, issuers, processors and networks are at various stages of development to implement, test and certify their EMV compliant systems. Financial institutions, in particular, are assessing their options and associated risks for issuing new chip cards. Merchants are taking stock of the need to upgrade terminals. There is no dearth of soothsayers predicting the time and expense involved in the eventual industry-wide adoption of the new technology, and prognosticating about its lasting value in light of other emerging technologies. Dealing with change is always challenging, and the march toward EMV may present more challenges than most others.But there is more to it than infrastructure upgrades and technology enhancements. When it comes to a smooth migration, people may well get in the way!The EMV migration experiences in other markets, and the early activity here in the U.S., suggest we can expect some practical difficulties as financial institutions, merchants and consumers adapt to the new environment. We can anticipate a fair amount of inconsistency and confusion.Here are just some of the problems to be expected in the early going:Denied transactions, because not all parties in the chain are prepared to accept and carry the required EMV related data.“Lost” transactions because not all parties will carry the requisite data, and some entity may just “drop” the transaction so that it never processes to completion.Transaction timeouts. It takes terminals longer to read chips than mag stripes, and not all parties to the transaction will have made the necessary timing adjustments.Unfriendly or unfamiliar error messages that neither merchant cashiers nor cardholders understand, so transactions may be repeated.Confusion about how to conduct a transaction. It will take consumers a little time to be able to determine whether to dip or swipe their cards, where to insert them, when to pull them, and how to orient a card correctly.The familiar “debit” or (“ATM”) and “credit” buttons may work differently with different merchant implementations, and consumers may have more restricted choice regarding the use of PIN or signature in the chip card world.Inconsistency in the way credit chip cards work versus debit chip cards at the same terminal (Changes are not required for credit routing options).Cards left behind in the chip reader.Increases in the number of service calls to customer call centers.Reductions in signature transaction volume – which may affect credit union income.Consumer confusion as to why they are receiving new cards, why their new cards look different, and whether the new cards have any effect on their account relationships or fees.This is not to say that the industry should not proceed with the more secure technology of EMV; but, rather, to make the point that it’s not all about system testing and certification. There will surely be a substantial burden on operational support, clarifying procedures, and consumer education to make it all work – and it may be a bit of a bumpy road to get there. 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Christopher Poole Christopher Poole Joined CU24 in 2014. Mr. Poole is responsible for providing network technical support and guidance, managing implementation of network interfaces, ensuring processors are in compliance with Network Operating … Web: www.cu24.com Details
Promoted ContentWho’s The Best Car Manufacturer Of All Time?7 Universities Where Getting An Education Costs A Hefty PennyThe Biggest Cities In The World So Far5 Of The World’s Most Unique Theme Parks6 Incredibly Strange Facts About Hurricanes5 Of The World’s Most Unique Theme Parks7 Mysterious Discoveries Archaeologists Still Can’t ExplainCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Facts About Black Holes That Will Blow Your Mind9 Facts You Should Know Before Getting A TattooGorgeous Asian Actresses All Men Are Crazy About6 Extreme Facts About Hurricanes Manchester United striker, Odion Ighalo, has revealed he is ‘thinking’ about returning to the Nigeria national team. “I am still in contact with Gernot Rohr and Amaju Pinnick, and they congratulated me on my loan deal,” Ighalo told Brila FM. “I am still thinking about returning to the national team, but right now I want to concentrate on my club career. “I left the national team because of the distance between Nigeria and China, but now that I am in Manchester and just like life and in my career, you never can tell.” Since his retirement, young Lille striker Victor Osimhen has been leading the Super Eagles attack with the forward scoring three goals during the 2021 Africa Cup of Nations qualifying games against the Republic of Benin and Lesotho. Victory in both games propelled the three-time African champions to the top of Group L with six points and they were scheduled to take on Sierra Leone in another qualifier in March before it was suspended due to Covid-19. read also:Ighalo claimed Rashford has fully recovered from injury setback Ighalo made his international debut for the Super Eagles against Uganda in a friendly in 2015 and had 35 caps for the West Africans, scoring three goals before he surprisingly quit the national team. The forward’s return to the Super Eagles will boost Nigeria’s aim to win the Africa Cup of Nations in 2021 and qualify for the World Cup in Qatar in 2022. FacebookTwitterWhatsAppEmail分享 Loading… The forward played a key role as the West Africans qualified for the 2019 Africa Cup of Nations after missing the previous two editions in 2015 and 2017. The former Watford striker emerged as the highest goalscorer in the qualifiers before firing the Super Eagles to a third-place finish in the tournament in Egypt, scooping the top scorer award in the process. Ighalo, however, announced his retirement from international duty after his five-star performance in the competition, along with the team captain and former Chelsea star John Obi Mikel. In doing so, the forward cited the difficulty of having to travel the distance between China to Nigeria for national duty. Ighalo moved to England in January, joining the Red Devils on loan from Chinese Super League side Shanghai Shenhua and has been the toast of the fans with his blistering performances, scoring four goals and providing one assist in only eight games before the suspension of the division due to the outbreak of coronavirus. The 30-year-old, who recently extended his loan deal with the Old Trafford outfit until January 2021, has not ruled out a return to the Super Eagles.
Here’s the top transfer-related stories in Wednesday’s newspapers…Lionel Messi was considering a shock move to Arsenal last season before penning a new contract at Barcelona. The Argentine superstar asked Cesc Fabregas to talk to his agent Darren Dein about a move to the Gunners but eventually penned an extension in May. (Daily Mail)Manchester City are monitoring Isco’s situation at Real Madrid after the European champions completed the signing of James Rodriguez from Monaco. (Daily Mail)Manchester City have had enquiries from Inter Milan and Roma for Matija Nastasic, who they want to sell as they look to make room for Porto defender Eliaquim Mangala. Arsenal are also monitoring the Serbian centre-back. (Daily Mail)Monaco have joined Atletico Madrid in the pursuit of Chelsea striker Fernando Torres. The 30-year-old Spanish international is looking to fight for his place but Chelsea will listen to suitable offers. (Daily Mirror)Tottenham are being handed the chance to sign talented Shakhtar Donetsk forward Douglas Costa because of the crisis in Ukraine. (Daily Mirror)Divock Origi is on his way to America to seal his £10million move to Liverpool. But the 19-year-old will return to Lille for another season before moving to Merseyside. (Daily Express)Juventus will ask Chelsea to let them have Romelu Lukaku on loan this season. (Daily Mirror)Southampton will have to increase their bid for Fraser Forster after Celtic dismissed their opening bid as ‘derisory’. (Daily Mail)Southampton boss Ronald Koeman has confirmed the club are looking to sell record signing Dani Osvaldo after he failed to arrive back for pre-season. (Daily Mail)Alan Pardew wants to sign Arsenal starlet Serge Gnabry on a season-long loan. Newcastle boss Pardew, along with Southampton and Sunderland, have approached the Gunners about signing the 19-year-old winger. (Daily Mirror)Inter Milan are keen on a move for Manchester United striker Javier Hernandez. The Serie A giants are desperate to land a new forward and have been told their top target, Manchester City’s Stevan Jovetic, is not for sale. (The Sun)Everton are closing in on the signing of Belgian wonderkid David Henen from Anderlecht. (Liverpool Echo)And here’s the latest talkSPORT.com headlines…Hummels to Man United can’t be ruled out just yet, claims McGuinnessLewis: Tottenham’s interest in Vorm hints to a likely Lloris exitNo bids yet from Man United or Chelsea for Galatasaray star, claims club presidentBoost for Arsenal and Liverpool! Marseille star’s agent rubbishes Dynamo Moscow linkKlopp rubbishes claims Hummels and Reus will leave Borussia Dortmund this summerReports – Juventus enter race for Liverpool targetMonaco eye Arsenal and Tottenham target as Rodriguez replacementReports – Liverpool beat Arsenal to Atletico Madrid starReports – Manchester United table £27.5m bid for Juan CuadradoWolfsburg line up second bid for Chelsea targetWatford eye former Arsenal midfielder
10 10 10 Newcastle United vs BournemouthReal result: 2-1xG result: 2.50-1.93 We all know Manchester City dominated in their derby victory over rivals Man United but did Chelsea deserve to beat Everton and should Newcastle really have got all three points against high-flying Bournemouth?Find out below how every team performed compared to their expected goals in the 12th round of Premier League matches thanks to statistics from Understat.com… Neil Etheridge was overjoyed by the result Leicester City vs BurnleyReal result: 0-0xG result: 1.35-0.32 What is expected goals? Expected goals (xG) is a statistic used to work out how many goals should be scored in a match.Every single shot is awarded an xG value based on the difficulty of the attempt, with factors including distance from goal, type of shot and number of defenders present affecting the value.The higher the xG of a particular shot, the more likely a goal should be scored from that shot.The xG value of every shot in a game is then used to calculate the expected goals in a particular match. Southampton vs WatfordReal result: 1-1xG result: 1.10-1.07 Manchester City celebrate their second goal Arsenal vs Wolverhampton WanderersReal result: 1-1xG result: 0.97-1.90 Huddersfield Town vs West Ham UnitedReal result: 1-1xG result: 1.15-1.40Crystal Palace vs Tottenham HotspurReal result: 0-1xG result: 0.69-1.55 10 Leicester paid tribute to Vichai Srivaddhanaprabha 10 It was a night to remember for Juan Foyth The dust is settling on another fascinating weekend of Premier League action and the results are in the record books.But do they reflect what actually happened in the matches we witnessed? Charlie Austin was unhappy following a disallowed goal Manchester City vs Manchester UnitedReal result: 3-1xG result: 2.02-0.97 Liverpool vs FulhamReal result: 2-0xG result: 2.00-0.57 10 Chelsea vs EvertonReal result: 0-0xG result: 1.16-0.20 10 Shaqiri’s superb finish doubled Liverpool’s lead Hazard couldn’t provide Chelsea’s inspiration 10 Should a team end with a higher xG than actual goals scored, it is probable they were wasteful in front of goal due to poor finishing or an in-form opposition goalkeeper. If the real goals scored is higher than the xG, the team may have been lucky to score so many in that match, or have an above average finisher scoring hard chances others would miss.Cardiff City vs Brighton and Hove AlbionReal result: 2-1xG result: 1.92-0.75 getty 10 10 Solomon Rondon bagged a brace at St James’ Park Chelsea star Willian looks frustrated in action against Everton. Bernd Leno was man-of-the-match for Arsenal