EMVCo Newsletter: Q4 2024

Message from the Chair of the EMVCo Board of Managers With 2024 marking EMVCo’s 25th year of operation, October’s co-located Board of Advisors and Technical Meetings in Lisbon offered a timely opportunity to reflect on the extraordinary success of EMV® technology and the fundamental role it plays in enabling global commerce. On behalf of EMVCo, I would like to recognise the significant contributions of past and present participants in shaping the development of EMV Specifications over the past three decades. While 25 years is a long time in the world of technology, it is striking how EMV and the supporting infrastructure is continuing to help ensure the next wave of payments innovation is underpinned by security and convenience. One of the new areas EMVCo is exploring is how EMV technology can support a simple and consistent charging payment experience for electric vehicles (EVs). EMVCo held a virtual Special Interest Meeting on Tuesday 10 December, focused on the use of EMV Secure Remote Commerce (SRC) technology and payment solutions for EV charging. For more information on the EV Open Payments (EVOP) initiative, all interested stakeholders can sign up for dedicated updates here. EMVCo also announced it has achieved ISO/IEC 17065 accreditation for its security evaluation processes. Our new status as an accredited certification body recognises the value and quality of EMVCo security product evaluations in enabling the deployment of safe and secure payment solutions. As we turn our attention towards the coming year, we encourage all interested stakeholders to make note of EMVCo’s upcoming meeting schedule and explore opportunities for participation. Please also find below a summary of recent news, technical updates, educational resources and events. We encourage you to share these with your colleagues and industry peers to support further understanding of EMVCo’s work. Soumya Chakrabarty Chair of the EMVCo Board of Managers, 2024 - 2025 Upcoming Meetings Associates can register for the following sessions via the EMVCo website. Board of Advisors Meeting, 4-6 March 2025, Athens, Greece Technical Meeting, 7-10 April 2025, Bangkok, Thailand EMV User Meeting, 10-11 June 2025, Osaka, Japan* Board of Advisors Meeting, 21-22 October 2025, Charleston, USA Technical Meeting, 17-20 November 2025, Vienna, Austria *EMVCo Subscribers are also invited to these meetings.  Not yet an EMVCo Associate? Find out more about how to participate. News EMVCo Becomes an Accredited ISO/IEC Certification Body ISO/IEC 17065 accreditation independently acknowledges that EMVCo’s security certification scheme meets stringent requirements to demonstrate it is delivered in a competent, consistent and impartial manner. It also facilitates the recognition of EMVCo and EMVCo-evaluated products on a national and international basis. Learn more here.  EMVCo Launches the EMV Contactless Kernel Testing Process The testing process for the new EMV Contactless Kernel Specification (EMV Contactless Specifications for Payment Systems: Book C-8 – Kernel 8 Specification) is now available. By evaluating whether products perform in accordance with the specification, approval testing will support the evolution of contactless and mobile payments and simplify global acceptance. Learn more here.  EMVCo Launches New Interactive Resource to Support Deployment of EMV 3-D Secure Solutions EMVCo has launched an interactive white paper to help banks, solution providers and merchants optimise the EMV 3-D Secure (EMV 3DS) payment authentication experience. The online resource demonstrates how EMV 3DS solutions can better support key use cases – including frictionless authentication, out-of-band authentication, and recurring and instalment transactions. Learn more here. Technical Updates EMVCo Approvals and Evaluations – Website Updates The Approved and Evaluated section of the EMVCo website has been updated to make it easier for industry stakeh