ELECTRONIC PAYMENTS COALITION

Financial Institutions/Investments/Securities

HR 2205 Data Security Act of 2015 (full bill); implementation of the Durbin amendment and efforts to regulate the debit and credit interchange; payments innovation such as EMV (Europay, MasterCard and Visa), tokenization, biometrics and point-to-point encryption, fraud monitoring, risk scoring and how solutions improve the security and efficiency of the payments system; migration to EMV, a global standard that uses a chip to generate a unique one-time code to authenticate credit and debit card transactions that involves chip-compatible cards and point-of-sale terminals and the associated liability shift; legislation that would allow businesses to share information regarding cyber threats in a timely fashion without consequence.

TargetedSENATE · HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code

Educate regarding the payments industry's role in global commerce and advocate for policies which promote the value, innovation, convenience and competition in the electronic payments industry; implementation of the Durbin amendment; payments innovation; Europay, MasterCard and Visa migration; legislation that would allow businesses to share information regarding cyber threats in a timely fashion without consequence.

TargetedSENATE · HOUSE OF REPRESENTATIVES

Small Business