Category Archives: Standards

FIDO Alliance Launches European Working Group to Expand Use of Authentication Standards

By | November 14, 2017

LONDON, November 14, 2017 – The FIDO Alliance today announced the launch of a FIDO Europe Working Group to accelerate the use of FIDO authentication standards in Europe. This move comes as financial services firms, telecommunications companies and the broader ecosystem are balancing new regulatory demands with rapidly evolving customer expectations. FIDO authentication, already available from many service providers and technology… Read More »

Secure Identity Alliance Launches Code Of Conduct

By | November 13, 2017

Paris, November 13th, 2017 – The Secure Identity Alliance, the global identity and secure eServices advisory body, today announced the adoption of a Code of Conduct that all the Alliance’s members will voluntarily commit to. Developed in consultation with individual members to support best practices and enforce industry standards, the new Code enshrines the commitment of Secure Identity… Read More »

EMVCo Enhances EMV 3-D Secure Specification

By | October 31, 2017

EMVCo Enhances EMV 3-D Secure Specification Latest specification to form the basis of functional testing for EMV 3-D Secure solutions    31 October 2017 – Technical body EMVCo has publicly released EMV® 3-D Secure – Protocol and Core Functions Specification v2.1.0. The updated document follows the release of version 2.0.0 in October 2016, and includes additional functionality and… Read More »

Secure Technology Alliance White Paper Provides Implementation Considerations for Contactless Payment-Enabled Wearables

By | October 30, 2017

PRINCETON JUNCTION, N.J., Oct. 30, 2017 (GLOBE NEWSWIRE) — Payments are becoming an important factor in the growth of the wearables market – it’s estimated that 62 percent of wearable device shipments will include payments functionality by 20201. For implementers, there are many options for incorporating payments into wearables that can impact deploying and managing these devices. To… Read More »

US Payments Forum Provides First in Series of Technical Frameworks for Implementing EMV Contactless Open Payments in Transit

By | October 10, 2017

PRINCETON JUNCTION, N.J., Oct. 10, 2017 (GLOBE NEWSWIRE) — As U.S. and Canadian transit markets look to move to open payments systems in today’s EMV chip environment, they have unique transaction speed and security requirements for successful implementation at fare gates and on-board vehicles. The U.S. Payments Forum has released today the first in a series of resources that identify… Read More »

Malaysia – Mastercard to complete shift from signature to pin by Jan 2018

By | October 7, 2017

KUALA LUMPUR: Mastercard Inc said it will reach a key milestone by January 2018 when all its debit cards feature contactless and a personal identification number (PIN)-enabled function, in a move to provide more convenience to consumers, prevent fraud and improved security. Wider contactless acceptance is expected in Malaysia, with more merchants opening up to the technology, the… Read More »

GlobalPlatform Publishes On-Device NFC Service Management Specification

By | September 6, 2017

New standard defines multiple contactless environments on a single device ensuring the predictable behavior of all NFC services September 06 2017 –  GlobalPlatform Managing Entity Specification has been published, completing a ‘stack’ of complementary software standards from ETSI and the NFC Forum that ensures multiple mobile contactless services successfully coexist within a device and will operate as intended, regardless… Read More »

India – Credit card fraud: RBI steps in to protect customers, but here is what you must do to avoid losses

By | July 7, 2017

In a bid to limit customer liability in fraudulent credit card, online transactions, the Reserve Bank of India (RBI) has come out with revised guidelines and has also sought to make rules stricter for banks in cases of frauds. “With the increased thrust on financial inclusion and customer protection and considering the recent surge in customer grievances relating… Read More »

FirstBank Re-elected Payment Card Security Standard Council Board

By | May 29, 2017

FirstBank of Nigeria Limited said it has been re-elected into the Board of Advisors of the Payment Card Industry Security Standards Council (PCI SSC), for the third consecutive time.  PCI SSC is an open, global forum for the development of payment card security standards.  The PCI Security Standards Council, works with organisations around the world to protect businesses and consumers against data theft by… Read More »

ACTA’s Request to Postpone PCI DSS Granted, New Deadline is March 2018

By | April 3, 2017

TORONTO — Following concerns from the travel agent community, IATA has extended the deadline for agents to comply with the Payment Card Industry (PCI) Data Security Standard (DSS). Originally scheduled for June 1, 2017, IATA’s Passenger Agency Conference Steering Group (PSG) has announced that it has approved the postponement of PCI DSS compliance until March 2018. The move… Read More »

PCI Security Standards Council Issues Multi-factor Authentication Guidance

By | February 9, 2017

WAKEFIELD, Mass., 9 February 2017 — Attackers continue to compromise valid credentials to access company networks and steal data. To help organizations combat this growing threat, the PCI Security Standards Council (PCI SSC) has issued guidance on the proper use of multi-factor authentication for preventing unauthorized access to computers and systems that process payment transactions. Multi-factor authentication (MFA)… Read More »