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The Standard of EMV Entry Point Specification
As noted earlier, EMVCo has taken over the rights to support and develop the EMV Contactless Communication Protocol Specification developed by MasterCard. The issue of creating a single contactless application EMV Contactless Application — an analog of the Common Payment Application for contact cards-is on the agenda of EMVCo. This issue is actively raised by major European banks. However, EMVCo is in no hurry to develop a standard for EMV Contactless Application. The reason given by EMVCo is the lack of experience in using contactless cards,...
read moreMasterCard PayPass and VISA Contactless Payment Specification
MasterCard PayPassAs noted above, contactless MasterCard PayPass cards can support the magnetic stripe mode (MasterCard PayPass MagStripe) and the chip card mode (MasterCard PayPass M/Chip).The magnetic stripe mode is implemented on contactless cards without a contact interface. The mod is described in The MasterCard PayPass MagStripe V. 3.2 specification. the main distinctive features of the MasterCard PayPass MagStripe mod are listed Below:the card stores track 2 magnetic stripe data, and in the case of a credit card, it can store Track 1...
read moreEMV Contactless Communication Protocol
Standards usedAll payment systems ‘ specifications for contactless cards are based on ISO/IEC 14443 “Identification Cards — Contactless integrated circuit(s) cards — Proximity cards”. The standard consists of four parts that appeared at different times between April 2000 and July 2001:Part 1. Physical Characteristics.Part 2. Radio Frequency Power and signal interface.Part 3. Initialization and anti-collision.Part 4. Transmission protocols.The first part of the standard (ISO 14443-Part 1. Physical characteristics) defines the physical...
read moreBiometric technologies of the emv standard
Biometric technologies are characterized by ease of use and accuracy of results. At the same time, they all use a common approach, according to which biometric identification/authentication of an object is performed in several stages:scanning an object in accordance with the biometric technology used and obtaining its image;retrieves the characteristic features of an object image that form the current object template;comparison of the current template with the verification template — a reference image of an object stored in the biometric...
read morePreventive and radical measures to protect against fraud
Despite all the anti-fraud measures taken by the participants of the global card market, today it still poses a serious threat to the stability of the electronic payments industry. The market for plastic cards in Russia has increased several times in recent years. With the increase of issue volumes of cards and the growing number of fraudulent transactions. At the same time, criminals are using more and more sophisticated methods of stealing money: phishing and phone fraud (vishing), interception of cards during shipment and skimming, fraud...
read moreThe problem of security of card payments
Card fraud refers to deliberate deceptive actions of a certain party based on the use of Bank card technology and aimed at unauthorized acquisition of financial funds placed on the “card” accounts of Bank card holders or due to a merchant for card transactions. Card fraud is often called fraud (from the English. fraud — fraud, deception).Fraud is usually divided into two groups: fraud on the part of issuing cards and fraud on the part of servicing them. The first group includes fraud related to unauthorized use of the...
read moreEMV standard for microchip cards
Smart cards are bursting into our lives more and more decisively. Mobile phones, access control systems, e – tickets, information security systems, voting systems, electronic passports and various identity cards, Bank cards, mobile phones and satellite television are just some examples of their use. Today, several billion smart cards are circulating in the world. These are mainly SIM / UICC cards (Subscriber Identification Module/Universal Integrated Circuit Card) for cell phones, Bank cards, cards for paying for transport, telephone...
read moreImplementation of the technological chain for EMV card production
MasterCard International presents MasterCard PayPass. This is a new “contactless” card solution that offers holders a simple and reliable payment method. MasterCard MasterCard PayPass the cardholder does not need to insert it into the terminal or pass it through a reader. To make a payment, you just need to bring your card to a special wireless terminal with PayPass. The product is convenient to use in places where the speed of service is especially important, but it is traditionally paid in cash: in restaurants, cinemas, and gas...
read moreMethods for evaluating cryptographic strength
Let’s now focus on evaluating the cryptographic strength of today’s cryptographic algorithms. Let’s start with a description of the secret key opening model. The model is based on the following assumptions.Moore’s law, according to which the computing performance of microprocessors increases 2 times every 18 months or, what is the same, about 100 times every 10 years. In 2005, a typical personal computer connected to the Internet has a performance of about 1000 MIPS (1 MIPS refers to the performance of the old DEC...
read moreOverview of asymmetric EMV encryption algorithms
Most of the asymmetric encryption algorithms used in practice are based on the complexity of solving one of the following mathematical problems:factorization (factorization) problems of a large number: multiplication of two large numbers is a polynomial problem with respect to the size of the multipliers in terms of complexity. At the same time, the inverse problem— decomposing into multipliers — is extremely difficult. The RSA algorithm is based on the complexity of solving the factorization problem;problems of finding a discrete logarithm....
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