The lecture contains covers the gyst of EMV migration and the impact of EMV implementation.

The following questions are discudssed:

• the essence of EMV and the reasons for migration;
• the impact of EMV implementation;
• multifunctionality and other advantages of EMV;
• liability shift details;
• fraud prevention paths within the EMV framework;
• fraudulent transactions statistics with the implementation of EMV;
• approximate time frame and pace of migration worldwide.