The formation last week by Visa and MasterCard of a cross-industry group to plan out strategy to improve the security of the nation’s payment system seemed well-advised. But a focus on EMV, and no mention of mobile-based alternatives, is a bit troubling. Ironically, broader use of tokenization and point-to-point encryption is part in the group’s goal, which really leads one to question: why push EMV at all?
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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.
Kenneth Carnesi 
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