Perhaps the most significant trend for face-to-face payments during the pandemic has been the increasing reduction in cash usage. Consumers have shifted from cash to card payments, a method that many ...

Nearly four years after the first standard for chip cards was published in 1995, the major card brands created EMVCo to develop, manage, test and accredit future EMV specifications and ...

In the first installment of this two-part blog series, Navigating the EMV Testing and Certification Process, we explore the critical role that EMV cryptography plays in enhancing the security of ...

EMVCo is truly a payment industry success story. Since its incorporation in 1999, the consortium of industry leaders has seen its technology adopted by card issuers, acquirers, and merchants across ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Use of this cryptography standard by the payment community can enable ...

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 ...

A new payment tool promises to ease a good deal of that friction. On Friday (June 7), EMVCo released its long anticipated EMV Secure Remote Commerce (SRC) Specification version 1.0. The specification ...

Everyone agrees EMV cards must comply with federal law. Trouble is, nobody can agree on how to make that happen. Meanwhile, a key EMV readiness deadline looms. This is no time for the payments ...

WAKEFIELD, Mass.--(BUSINESS WIRE)--EMVCo and the NFC Forum have agreed to work together to optimize the development and testing processes of Near Field Communication (NFC)-enabled mobile devices for ...