Tag Archives: EMV

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 »

IDEX approved as a registered EMVCo vendor

By | October 25, 2017

Oslo, Norway, 25 October 2017 – IDEX, a leading provider of fingerprint solutions for mass markets, has been approved by the EMVCo Board of Managers as a registered EMVCo vendor.  EMVCo is an organization that facilitates worldwide interoperability and acceptance of secure payment transactions. This is accomplished by managing and evolving the EMV® Specifications and related testing processes. This includes among… 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 »

All Eyes on India, the U.S. and China as the EMV Payment Cards Market Normalizes

By | August 29, 2017

LONDON, Aug. 29, 2017 /PRNewswire/ — Following a disappointing year in 2016, when the Europay, Mastercard and Visa (EMV) payment cards market nearly grinded to a halt, ABI Research expects the market to bounce back this year with an anticipated annual growth rate of 4.6%.  The EMV market problems began in 2016 with overstocking issues in the U.S., causing shipments to drop by… Read More »

Contactless EMV Cards Sales Market 2017- ABnote, Safran, Watchdata, American Express

By | August 25, 2017

Apex Research, recently published a detailed market research study focused on the “Contactless EMV Cards Market” across the global, regional and country level. The report provides 360° analysis of “Contactless EMV Cards Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the… Read More »

US Payments Forum Summer 2017 Market Snapshot: Chip-on-Chip Transactions Increasing, Improving Consumer Transaction Experiences, Educating Merchants on EMV Implementation Challenges

By | July 26, 2017

PRINCETON JUNCTION, N.J., July 26, 2017 (GLOBE NEWSWIRE) — The U.S. Payments Forum today released its summer 2017 market snapshot, providing updates on the continuing progress of the U.S. EMV migration, improvements in the consumer’s chip transaction experience at the point of sale (POS), and priorities for the second half of 2017 to focus on unique chip migration… Read More »

Philippines – BSP sets June 2018 deadline for banks’ shift to EMV technology

By | June 15, 2017

BANKS have roughly a year left to complete the shift to chip-based cards, as the Bangko Sentral ng Pilipinas (BSP) tightened rules to prod financial firms to adopt the more secure platform for its clients.   In a statement, the BSP gave Philippine banks a June 30, 2018 deadline to fully adopt the Europay Mastercard Visa (EMV) technology,… Read More »

Philippines – EMV-delayed banks must set aside funds to cover losses

By | June 13, 2017

BANKS that are not yet Europay Mastercard Visa (EMV)-compliant will soon have to aside provisions to cover any operational loss that may be incurred for not having a more secure chip-based technology, the central bank said. EMV is the global standard for chip-based credit and debit card transactions that are supposedly more difficult for fraudsters to hack into,… Read More »

ICC Solutions releases the updated INTERAC U.S. Test Suite

By | June 13, 2017

ICC Solutions is delighted to announce the release of the updated INTERAC U.S. Test Suite, hosted on the industry leading ICCSimTMat test tool platform, which has been fully tested and registered by Interac Association. This test suite enables Acquirers, VAR’s, ISV’s and Merchants to perform EMV level 3 contact chip terminal integration tests to achieve formal accreditation with… Read More »

FIME becomes largest global network of EMVCo accredited laboratories

By | April 24, 2017

Six test centers now support terminal and mPOS manufacturers globally with EMVCo Level 1 testing. FIME today announces that, with the addition of four new accreditations, six of its laboratories around the world are approved by EMVCo to perform Level 1 tests according to EMV® Type Approval – Contactless Terminal Level 1 version 2.6b on contactless payment terminals… Read More »

Philippines – BSP Eyes ‘Hard Deadline’ for Shift to Chip Cards

By | April 10, 2017

The central bank said it would soon set a “hard deadline” for banks to switch to a more secure EMV chip technology for automated teller machine and credit cards from the vulnerable magnetic stripe technology. The EMV or Europay Mastercard Visa is the global standard for chip-based credit and debit transactions that makes its difficult for fraudsters to… Read More »