Philippe Benitez

Blogger profile: philippebenitez

Philippe Benitez is VP of Business Development at Gemalto Inc where he leads regional development efforts to increase card revenue for financial institutions through mobile payments, EMV and other value-added services. Prior to Gemalto, Philippe worked with Schlumberger in Paris France. He moved to Austin in 1998 and became a Texan shortly thereafter.

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How will EMV credit cards be used to make payments?

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Posted on 27th Feb 2014 by in Financial Services

The way that we make credit card transactions is going to change as EMV cards become more common (those are credit cards with a chip). In the U.S. we’ve become accustomed to making a credit card transaction with a swipe.  But EMV cards aren’t swiped.  Instead, they are “dipped” into the payment terminal, and left […]

EMV Payment Security Hits US National Spotlight

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Posted on 29th Jan 2014 by in Corporate

EMV payment technology has finally gotten its big break in the US in the way of national news coverage. After several recent high-profile payment card data breaches, more Americans have started to ask whether it’s time for the US to abandon magnetic stripe payment technology in favor of more secure EMV. Yes, it’s time. For more […]

#1 fraud threat facing financial services is card skimming, says U.S. Attorney

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Posted on 21st Nov 2013 by in Corporate

Fraud continues to be growing problem in the United States.  While many other regions of the globe have reduced counterfeit card fraud over the past decade, the U.S. continues to see fraud rise, and some have called U.S. card skimming an “epidemic.” The scale and importance of the problem has even reached the desk of […]

Key Opportunities for Issuers to Engage Consumers on EMV

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Posted on 19th Nov 2013 by in Corporate

Building on the lesson that I wrote about last month about EMV migration (get the education piece right, and you’ll pave the way for a faster, smoother migration to EMV and contactless payments), I’d like to address an important set of players in the payment ecosystem: card issuers. There are a few built-in touch points […]

Listen up, America: Australia gives a lesson in swift contactless migration

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Posted on 17th Oct 2013 by in Corporate

Recently the CBA (Commonwealth Bank of Australia) came forward with a vital lesson learned from their migration to contactless payments: get the education piece right, and you’ll pave the way for a faster, smoother contactless migration. According to one CBA official, contactless migration in Australia was weighed down by lack of education and poor change […]

Money2020 bringing together technology and payment leaders for the future

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Posted on 10th Oct 2013 by in Corporate

Money2020 has been full of interesting insights on new and developing payment technologies. Payment players from across the spectrum have gathered for Money2020 this week in Las Vegas, from start-ups to those who have been in the industry for decades. With so many payment power players under one roof, I wonder how many years of […]

Gartner highlights EMV and NFC trends in recent Hype Cycle Report

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Posted on 24th Sep 2013 by in Corporate

In its recently released Hype Cycle for Financial Services Payment Systems report, Gartner gave warning of increasing payment card fraud in the U.S., highlighting EMV (‘chip and pin’) payment cards as the preferred solution. According to Gartner, “U.S. banks should recognize that fraud will likely increase exponentially and with little warning. They should develop an EMV-centric […]

The Truth About EMV in the US: Card-Not-Present Fraud

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Posted on 28th Aug 2013 by in Corporate

To continue our discussion about popular myths and misconceptions about EMV payment cards, let’s talk about card-not-present (CNP) fraud – the kind where the merchant never sees you or your card. In other words, the merchant never verifies that the person making the transaction is the legitimate cardholder by checking the signature or seeing that […]

The Truth About EMV in the US: How Easy is EMV for Merchants?

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Posted on 6th Aug 2013 by in Enterprise Security

EMV is a hot topic among merchants, banks, and card issuers in the U.S.  Along with the new technology comes an abundance of rumors, myths, and half-truths.  We recently discussed two important questions, Is EMV Coming or Not?, and Can We Skip EMV and Jump Straight to Mobile Payments?  Today we’re discussing a popular EMV […]

What does it take to upgrade to EMV in the U.S.?

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Posted on 16th Jul 2013 by in Corporate

EMV is quickly approaching in the US. There is no doubt that a wave of implementation is upon us. Successful migration to EMV will involve making changes to all payment systems, processes and procedures, so it is important to for card issuers and merchants alike to begin the implementation now. Lately banks and processors have […]