News

CO-OP Financial Services intros EMV education initiative

October 14, 2012

CO-OP Financial Services has launched a web-based educational initiative to help credit unions prepare for EMV. Components include an "Ask the EMV Expert" web page, white paper and webinar, all at no charge.

"EMV deployment in the U.S. is still in its beginning stages, with available options that are varied and complex," said Stan Hollen, president and CEO of CO-OP Financial Services. "The unifying theme of our products is that they work together to make the members' experience with their credit union a more convenient one. We're also a source of strategic counsel, and our 'Ask the EMV Expert' initiative is intended to make EMV adoption a little easier for credit unions."

The "Ask the EMV Expert" web page provides a forum for credit unions to submit questions and receive replies from EMV subject matter experts. The page also links to EMV background resources and provides downloads to CO-OP-originated documents on the emerging open standard.

The CO-OP white paper focuses on issues that credit unions should be addressing as they consider how soon they need to adopt EMV. A series of webinars hosted by CO-OP every four months will provide an introduction to EMV to start, and then will provide updates on the latest technical and industry announcements. The first webinar will follow the format of the white paper, and will be held at 10:00 a.m. PDT on Oct. 25. Attendees can register from the EMV page.

For more on this topic, visit the EMV research center.