Search Results for: emvco
The Latest EMVCo Standards Update Aims at Broader—And Streamlined—User Authentication
Stronger authentication for voice-activated payments, as well as streamlined identity checks and support for a wider array of authentication technologies for online payments generally, are included in the latest version of EMVCo’s 3-D Secure standard, the global payments-standards body said Wednesday. EMVCo said its new update, version 2.3, responds to …
Read More »CardFlight Unveils POS Devices; Arguing Against PCI and EMVCo Standards; Visa Ends Plaid Deal
COMMENTARY: PCI And EMVCo Have No Business Setting Standards
Standards are the prerogative of the International Organization for Standardization (ISO) for most industries around the world. According to ISO, “ISO standards are internationally agreed by experts” and “should be thought of as a formula that describes the best way of doing something.” Unfortunately, the roles of ISO and its …
Read More »ACH Payments Up 8%; Zelle Usage Booms at BofA; EMVCo’s New Travel Authentication Guidelines
EMVCo’s New Travel Authentication Guidelines and other Digital Transactions News briefs from 7/16/20
Standards body EMVCo has developed guidelines on how the travel industry can provide data to payment card issuers to better verify the authenticity of an e-commerce transaction using current authentication processes. The guidelines are an extension of EMVCo’s 3-D Secure messaging protocol.The number of data breaches in the United States dropped by approximately one-third in the …
Read More »EMVCo Eyes 3DS 2.0 Updates; Green Dot, Walmart Extend Pact; Kroger Lifts Visa Ban
EMVCo Is Eyeing Some New Initiatives for EMV 3-D Secure 2.0
While much attention in the payments industry in recent months has focused on EMVCo’s Secure Remote Commerce (SRC) specification, another e-commerce spec from the standards body could be receiving some tweaks. These possible initiatives, which concern the EMV 3-D Secure specifications, include a way of adding users’ travel data to …
Read More »EMVCo Proposes Spec Changes To Accommodate Longer Issuer IDs
Payment card standards body EMVCo on Thursday disclosed proposed specifications changes to accommodate the coming of longer issuer identification numbers on credit and debit cards, changes that could affect merchants using card numbers to identify their loyalty program members in addition to processing protocols. The changes stem from a revised …
Read More »Getting Heard by EMVCo
Six big networks control EMVCo, which in turn controls the global EMV standards. But merchants have ways to wield some influence. Within the fraternity of commerce, merchants have at times taken issue with directives set out by payments organizations. The most common differences usually center on pricing, but disputes about …
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