the verifone emea vision mr. chris lomax head of marketing - emea
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The VeriFone EMEA Vision Mr. Chris Lomax Head of Marketing - EMEA. Single European Payments Area. What does SEPA mean?. SEPA is defined in two ways Single Euro Payments Area Single European Payments Area It is actually both SEPA definitions are being driven by the EU Commission - PowerPoint PPT PresentationTRANSCRIPT
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The VeriFone EMEA Vision
Mr. Chris LomaxHead of Marketing - EMEA
Single European Payments Area
SS PAPA
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What does SEPA mean?
SEPA is defined in two ways– Single Euro Payments Area– Single European Payments Area
• It is actually both
SEPA definitions are being driven by the EU Commission• Legal and regulatory frameworks
Governance for card payments (and other things):• Through the European Payments Council
Where will SEPA impact?• 25 EU members +
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SEPA Cards Framework
Documentation can be found at• www.europeanpaymentscouncil.org
The Framework is aimed at building an environment in which there are no technical, legal or commercial barriers to stand in the way of cardholders, banks and merchants choosing and using SCF compliant payment and ATM access card products
Approved Framework published 8 March 2006 as version 2
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Roles and responsibilities of SEPA banks
Within the Framework in order to be considered “SCF compliant” SEPA banks have to exert their responsibilities under the following roles so that:
As an EPC Member (and/or member of an Association) • SEPA banks commit to:
– Implement the dispositions of the Framework – Association members to actively promote this Framework
• SEPA banks acknowledge that preventing and fighting card fraud is an underlying objective of this Framework
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Requirements - Acquirers
SEPA banks who act as acquirers or equivalent processors commit to offer to merchants, from 1 January 2008 onwards, the option to handle payment card transactions generated by one or more SCF compliant card schemes
Banks commit to make available to merchants information on the benefits of accepting SCF compliant cards and actively promote the benefits of migrating to an EMV certified terminal to enable them to accept SEPA cards
SEPA banks commit to ensure that the ATMs they deploy (directly or indirectly) accept SCF-compliant cards of all schemes of which they are participants, and that their card processors support the full compliance for ATMs and PoS
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Requirements - Cardholder experience
Scheme rules must enable and facilitate for cardholders a consistent service experience throughout SEPA
Where several payment applications are contained in the card and are supported by the terminal, cardholders have the choice of which application to use
Prevalence at PoS for a particular payment application may not be mandated by a card scheme
At a minimum, convenience for cardholders will be defined through consistent experience at point-of-sale, ATMs and unattended terminals
The basic transaction flow will be defined by each scheme
ATMs will offer English as well as the national languages and any other languages regarded as appropriate
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Interoperability domains
SEPA interoperability must be ensured in these 4 domains: • Cardholder to terminal interface• Cards to terminal (EMV)• Terminal to acquirer interface (protocols or minimum requirements)• Acquirer to issuer interface, including network protocols
Such interoperability will allow the different market options described in this Framework to exist
The Framework does not mandate any market option or infrastructure
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Certification principles
A common process for the certification of terminals, cards, and network interfaces will be defined
Card schemes commit to support and implement the resulting process
Under this process, any card, terminal, and/or network interface, certified by an accredited body can be deployed and used anywhere throughout SEPA
The entity providing certification services is outside any scheme, and works across schemes
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Terminal certification
Card schemes commit to make available to SEPA banks and card schemes their terminal security requirements
Card schemes will engage in mutual recognition for type approval
A terminal certified for SEPA transactions by a certification body in one SEPA country can be deployed in any SEPA country for acceptance of SEPA cards across all SCF compliant schemes
There may be no constraining, local requirement
Schemes may continue to perform post-certification approval• Schemes cannot withhold approval to prevent market access
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Our proposals - SEPA
Single security standard
Need for standardised cardholder interface process
No need for standard host interface message
Absolutely no TMS, or File Transfer standards needed• SEPA should not try to encompass all GIE CB 5.2!
SEPA Governance• The EPC provide the management and guidance• The EPC should open membership to technology vendors• That standards working groups are formed under EPC• Non-competitive environment
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Impacts of SEPA on acquirers
Acquirer revenues• According to some, these will be reduced• Increased available market
Scheme revenues• According to the schemes, these will be reduced
Competition among acquirers• Will increase across the EU• Probability is that the smaller acquirers will be absorbed
Standardised EFTPoS• National standards will disappear• Migration to a common SEPA standard will be slow but steady
Vendor competition• Numbers of devices will decrease but deals will get bigger
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Impacts on VeriFone and Our Partners
Single standards across Europe• The highest possible levels of payment security• But no need for many national applications
International acquirers • This could mean fewer customers• But much bigger deals
Internal EU borders will begin to come down
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Thank You
SS PAPA
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Mr. Dave TalachHead of Product Management
VeriFone Software Strategy
EMEA VIP Forum2006 – Athens, Greece
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Agenda
VFI SW Strategy…
• Proactive Development Support and Training
• SW Abstraction Model
• SW Roadmap• Updated Security
• New Advanced Terminal Mgmt Options
• Enhanced Product Configurability
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Development Support Services
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DevNet
Information portal for your development staff.
Corporate information currently available
Available to all developers with active Verix/Verix V DTK maintenance agreement
Benefits:
Access to latest SW releases
Additional technical support
Latest VFI development news
Discussion groups
Automatic email notifications
Development Resources
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Training Training required for development support
Trainings offered
Localized training provided by SS&S
Web Based Training
Custom Designed Training & Consultancy
Documentation/Developer Handbooks offered online
Writing & maintaining platform independent source
Introduction to the Ethernet media on Vx570
Writing a “Power Save Friendly” application
Development Resources
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SW Abstraction from HW
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VFI SW Benefits
Enhanced Comm Library Benefits
Provide application portability across multiple Verix V solutions
Application isolation from HW changes
Re-use existing applications to easily enter new markets
Reduce costs and time to market required for new applications
Includes CommServer, UCL, TCP/IP, IPDL
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Benefits: Manages application selection and device usage
Provides a standard messaging interface Reduce QA and cert efforts by separating application functionality
VMAC
EthernetHW
WiFiHW
GPRSHW
CDMAHW
The Verix V VMAC (Multi-App Conductor) simplifies the multiple application environment
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Benefits: Leverage the increasing growth of the IP infrastructure
Maintains data integrity through packet retransmission
Supports industry strength SSL security
Enhanced Comm Software
EthernetHW
WiFiHW
GPRSHW
CDMAHW
The embedded Verix V TCP/IP Library stack manages your IP enhanced communications
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Benefits: Complete fast, secure downloads on all enhanced comm media including GPRS
Flexibility in packet size to decrease download times
Supports secure SSL downloads
Enhanced Comm Software
EthernetHW
WiFiHW
GPRSHW
CDMAHW
The Verix V IPDL (IP Download) Library implements standard zontalk protocol over IP
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Benefits: Normalized APIs enable device change with minimal application code change
“Smart Linking” feature delivers memory efficiency
Time to market. Applications directly do not have to account for new HW changes.
Enhanced Comm Software
EthernetHW
WiFiHW
GPRSHW
CDMAHW
Universal Communications Library (UCL) manages the underlying communication with the different physical communication media.
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Benefits: Application isolation from physical hardware layer– minimize porting costs and timeframe
Reduces memory size requirements
Provides a UI for configuration, download initialization, and troubleshooting
Maintains constant control of underlying HW communication.
Enhanced Comm Software
EthernetHW
WiFiHW
GPRSHW
CDMAHW
Verix V CommServer is VMAC based application which provides a Client/Server based solution for IP communication.
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Development Timelines
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Software Solutions
SSL Lib Updates
• Migration to most recent OpenSSL version
• Features:• Mutual Auth (Server & Client)• Root Cert and Cert Chain Validation• Additional Error Code Reporting• Advanced Encryption Ciphers (3DES, AES, etc.)
• Implement SSL call back functionality for VCS
• Increased documentation and sample code
• Designed to meet MC IP Security Mandate
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Verix V SW Tools Roadmap
VSNMP LibECL
Component
Verix / Verix V SSL
AutoDL
VSNMP Lib
Verix V SNMP - Lib Protocol only
AutoDL
Enable Dial Support Support for multiple TMS
systems Enhanced scheduling
support Port to Verix V
SSL
Priority: (1)Verix V (2)Verix Migrate to most recent OpenSSL version Add SSL policies Implement SSL call back functionality in
VCS Server & Client Auth, Root Cert
Validation, and Cert Chain Validation, Error Code Reporting
Meets MC IP Security Mandate
Q1 ‘06 Q2 ‘06 Q3 ‘06 Q4 ‘06 Q1 ‘07Apr/May July/Aug Oct/Nov JanFeb/Mar
VVCS UI
NETDIAG TOOL
NETDIAG TOOL
Verix V FER/BER Reporting RSSI Printed report for Signal Strength,
Battery, Connection Type, etc.
VCS UI
Modifiable UI based upon preset options
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Software Solutions
VMAC Enhancements
• VMAC Menu Configurability• Rearrange order• New “Other” menu• Remove menu items and address by “hotkey”
• Enhanced VMAC reporting• New Device report – Display and Print Owners
F5 F6 F7 F8
F1
F2
F3
F4
MM/DD/YY HH:MM
Gift Card
EasyID
Other
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Software Solutions
VTMA IP
• VTMA modified to support IP-based Remote Diagnostics and Information Collection
• Works in conjunction with current VeriCentre value-add modules
• VTMA IP enable your 3rd party applications to monitor preset list of items
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V/VMAC
VMACComponent
V/VMACVTMA
V/VMAC
Verix, then Verix V Daylight Saving Configurable Menu Application Registration
Enhancements Configurable LOGSYS file Configurable DevMan resource
file VMAC reporting enhancements Increase record size
VTMA v602
Verix V, then Verix V IP enable Remote
Diagnostics and Information Collection.
V/VMAC
Verix V, then Verix LOGSYS enhancements – logging
binaries and lost messages. Config table for multi-language
support Verix V, then Verix Logo support PC Tool – Trace log files
Verix V SW Tools Roadmap
Q1 ‘06 Q2 ‘06 Q3 ‘06 Q4 ‘06 Q1 ‘07Apr/May July/Aug Oct/Nov JanFeb/Mar
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AutoDL 2.0
VC PROFILE 1192.168.1.89
VC PROFILE 2192.168.54.31
Add VC ProfileDelete VC Profile
Exit
Software Solutions
AutoDL• Automate IP and Dial terminal initiated downloads
• Configure download schedule through VeriCentre
• Supports multiple TMS hosts
AutoDL 2.0Select OptionVC Profile Setup
Common SettingsChk for Updates
Log HistoryChange Password
About
Any App A Updates?
App A Dld Schedule
App A Dld Request
App A Dld
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VeriCentre Roadmap
Download Automation
$Custom to raised by EMEA Automated Terminal Initiated
Download Scheduling and load balancing Needs to support Dial comm
VC 3.0
Differential Download Portfolio Manager App Support Extend Automation to code base Download Authentication Monitor Enhancements Database Tuning Terminal Manager Download Logs Install program enhancements
WebConsole
SoftPay Assist functionality
Program Developments
Download Automation
VC 3.0
WebConsole
Q1 ‘06 Q2 ‘06 Q3 ‘06 Q4 ‘06 Q1 ‘07Apr/May July/Aug Oct/Nov JanFeb/Mar
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Updated Software Security Architecture
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Software Solutions
WPA (WiFi Protected Access)
• Increased WiFi wireless data security adds:
• Authentication - PSK or pre-shared key
• Enhanced encryption - longer key length
• WEP+SSL or WPA security meets Visa and MasterCard regulations
• Supported on next gen portable WiFi terminal (Vx670)
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Thank you