EMVCo Newsletter: Q1 2023

Message from the Chair of the EMVCo Board of Managers In 2023, EMVCo continues to work with Associates and Subscribers, other industry partners and the wider EMV® community, to advance EMV as the foundation for seamless and secure payments worldwide. At our Board of Advisors meeting in Amsterdam earlier this month, Advisors helped to drive the agenda and discussions on strategic priorities for EMVCo as reported below. We look forward to building on this engagement with more detailed discussions on EMVCo’s technology roadmap at the April Technical Meeting in Singapore and the June EMV User Meeting in San Diego. As we kick off the year, key publications include updates to the EMV SRC Specifications (v1.3) to support more flexible online checkout, and the 2022 Annual Report, which recaps key 2022 milestones and previews 2023 technical initiatives and plans. We are also excited to welcome Oliver Manahan as the new Director of Engagement and Operations. We wish Brian Byrne, Oliver’s predecessor, the best in his next endeavour and thank him for his efforts and dedication to EMVCo’s work over many years. Below please find a recap of key EMVCo news, technical updates and activities from the first quarter, and a snapshot of the latest educational resources available to support understanding of EMVCo’s work. We encourage you to share this newsletter with your colleagues and industry peers. Jonathan Main Chair of EMVCo Board of Managers, 2022 - 2023 Upcoming Meetings Associates and Subscribers(*) can register for the following sessions via the EMVCo website. Technical Meeting, 18-20 April 2023, Singapore Functional Lab Meeting, 26 June 2023, San Diego, USA (lab only attendance) EMV User Meeting*, 27 June 2023, San Diego, USA Board of Advisors Meeting, 10-12 October 2023, Nashville, USA Technical Meeting, 13-16 November 2023, Barcelona, Spain All 2023 meeting dates are listed on the Associate Dashboard. Not yet an EMVCo Associate? Find out more about how to participate. *EMVCo Subscribers are only permitted to attend EMV User Meetings. News Oliver Manahan joins EMVCo as Director of Engagement and Operations In January, EMVCo welcomed Oliver Manahan as Director of Engagement and Operations. Oliver joins EMVCo from his previous role at Infineon Technologies, where he was responsible for business development in North America. Prior to Infineon, Oliver held senior positions at Mastercard and Visa focused on delivering EMV Chip and Contactless solutions. Read the press release for further details. EMVCo, FIDO Alliance and W3C Continue Collaboration to Promote Consumer Privacy while Ensuring Convenient and Secure Checkout Experiences EMVCo, the FIDO Alliance and the World Wide Web Consortium (W3C) have released an updated version of their document – ‘How EMVCo, FIDO and W3C Technologies Relate’. The paper explores how the organisations are working together to promote consumer privacy while ensuring convenient and seamless e-commerce checkout experiences. This document is the latest output from the Web Payment Security Interest Group, a collaborative industry-led initiative focused on enhancing the interoperability of web payments. Read the press release for further details. EMV Secure Remote Commerce In January, EMVCo updated the EMV Secure Remote Commerce (SRC) Specifications to support more flexible online checkout options for merchants and consumers. EMVCo worked with EMVCo Associates to update the specifications in line with marketplace needs. Version 1.3 of the EMV SRC Specifications is now available on the EMVCo website and can be used royalty-free. Read the press release for further details. 2022 Annual Report The EMVCo 2022 Annual Report is now available. The report reflects on the opportunities, collaborations and key technical milestones of the last calendar year. The report also details the year ahead in technology, exploring how EMV Sp