Fraud dynamics in the card payments industry: A global review of the realities of EMV deployment

Author's Biography

Toni Merschen PhD is responsible for managing all business and technology aspects, development and deployment of chip-based business solutions for MasterCard’s global Advanced Payment Solutions department. In this role, he is responsible for developing, coordinating and executing MasterCard’s chip strategies and tactics on a global basis. Toni is head of the MasterCard global Chip Centre of Excellence, which leverages its extensive and unique chip expertise to support MasterCard customers around the world in designing and deploying innovative chip solutions which create business value for banks, merchants and consumers. The Chip Centre of Excellence is headquartered in Waterloo, Belgium, and has additional staff in London and Warrington, UK, Singapore, Dubai, Toronto and Miami. Prior to joining MasterCard Worldwide, Toni was head of Citigroup’s global competence centre for chip card-enabled solutions, mobile financial services, PKI and biometrics, located in New York. Prior to joining Citibank, he had numerous engineering, development and marketing responsibilities within IBM over a 14-year period, with assignments in Germany, the UK and New York, including worldwide responsibility for their research and development activities and strategic alliances for smart card technology and solutions. Toni represents MasterCard on the Executive Committee of EMVCo, the company that manages EMV (Europay/MasterCard/Visa), the global chipbased payments standard. He holds a PhD and a Masters degree in mathematics and physics from the Technical University of Aachen, Germany.