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Record W286166288

Everywhere but Here

2011· article· en· W286166288 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueABA banking journal · 2011
Typearticle
Languageen
FieldEngineering
TopicICT Impact and Policies
Canadian institutionsnot available
Fundersnot available
KeywordsPaymentPayment processorPayment cardCommerceBusinessCredit cardInternational tradeFinance
DOInot available

Abstract

fetched live from OpenAlex

[ILLUSTRATION OMITTED] What does the United States, Chad in sub-Saharan Africa, and parts of the war-torn Middle East have in common? They don't accept EMV-chip payment cards at point-of-sale terminals. Around the world, more than 1.2 billion cards and 15.4 million terminals are EMV-compliant. And the 1 billion cards in the U.S.? Magstripe only. is the big black hole, says Toni Merschen, formerly responsible for developing and deploying global EMV programs at MasterCard and now principal of a consulting firm in Simmerath, Germany. U.S. cards are no longer an international method of payment, he adds. EMV, which stands for Europay, MasterCard, and Visa, is an open standard for interoperability of global payments maintained by EMVco, a consortium of American Express, JCB International, MasterCard and Visa. EMV is not new. Its specifications for embedded microchips were introduced in the late 1990s and have been stable since 2002, says Merschen. Europe has been a long-time proponent of EMV (some countries there subsidized its development) and the chip technology is making serious inroads into Asia. Canada is aggressively rolling out EMV chip cards to its citizens as well. Indeed, the is the only G-20 country to continue to support magstripe payment technology. Slow out of the gate To date, only a handful of banks and credit unions are adding EMV chips to traditional magstripe payments cards. They include Wells Fargo, JP Morgan Chase, Citibank, Bank, United Nations Federal Credit Union, and SiliconValley Bank. The reason these cards never established a base here was because there wasn't a business case for it, observes ABA's Nessa Feddis, vice-president and senior counsel for regulatory compliance. Part of that, she says, was resistance from retailers who did not want to pay to upgrade or replace card readers. Even today, only 25% of merchants choose to accept PIN transactions, according to the Federal Reserve. By contrast, says Feddis, in countries like France, which had unreliable landline telephone systems (and thus greater risk of fraud), the government subsidized adoption of chip and PIN cards. (Just like magstripe cards, EMV-standard cards can be issued with or without PINs see sidebar, p. 28.) Another view, from Randy Vanderhoof, executive director of the Smart Card Alliance, is that every part of the payments system has to be touched in order to fully process EMV-compliant transactions. With so many players, it's difficult to get the disparate parts of the payments ecosystem aligned and working together. These varied stakeholders, including issuers, acquirers, merchants, payment processors, consumers, and regulators all have differing business cases, adds Alistair Newton, vice-president, Banking and Investment Services at Gartner, Inc. He believes that is part of the reason more financial institutions have not issued these cards to date. Sorry, you're ... declined The difference in card standards is having an impact overseas. cardholders are feeling the pain as their formerly trustworthy magstripe cards are increasingly declined due to incompatible card technology, particularly at unattended kiosks found at train stations, tollbooths, and gasoline pumps. Things may get worse for travelers abroad. There have been rumblings that the European Central Bank and U.K. Payments Council are considering eliminating magstripe as an acceptable form of payment. According to an Aite Group study titled, Broken Promise of Pay Anytime, Anywhere, nearly half of travelers have experienced a problem using a issued payment card internationally. Three quarters of those cardholders reported feeling extremely frustrated and more than half (56%) said they were embarrassed. Not all travelers have had problems, but those who do tend to be vocal. Take a quick look through the postings on the blog Flyertalk. …

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.267
Threshold uncertainty score0.999

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.023
GPT teacher head0.218
Teacher spread0.195 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it