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EMVCo Newsletter: Q2 2023

News

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Message from the Chair of the EMVCo Board of Managers As we enter the second half of 2023, we can reflect on a busy last quarter of engagement with the EMVCo community. Our April Technical Meeting in Singapore and EMV® User Meeting in June in San Diego – including the co-located Lab Meeting – all played an important role in shaping strategic and technical priorities for EMVCo for the rest of 2023 and beyond. This includes our work to address changing payment preferences, the evolution of payment acceptance in-store and online, and the growth of omnichannel payments. Below is a recap of key EMVCo news, technical updates, events and activities from the last 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. Finally, as the EMVCo Board of Managers rotates the position every 12 months, this will be my last newsletter as Chair. I am pleased to welcome Carey Ferro to the role, and look forward to continuing to work with her, the EMVCo community and the wider payments industry to advance the EMV Specifications and support the delivery of seamless and secure payments across the world. I thank you all for your support in the last year. Jonathan Main Chair of EMVCo Board of Managers, 2022 - 2023 Upcoming Meetings Associates can register for the following meetings via the EMVCo website.  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. News Singapore Technical Meeting Highlights In April, EMVCo held the first of two planned Technical Meetings this year. EMVCo Associates met in Singapore to discuss EMVCo technical priorities and provide input into specification development. Key discussions included how biometric payment cards will be a key focus for EMVCo during this year, the roadmap for the EMV® Contactless Kernel Specifications and the enhancements to EMV 3DS in EMV 3DS v2.3.1.1. Attendees also heard from guest speaker, Andrew Jamieson, VP Solution Standards from PCI SSC. Read the EMV Insights post. EMV® User Meeting Recap   In June, Associates and Subscribers convened in San Diego, USA for the annual EMV® User Meeting. The two-day meeting provided a range of opportunities for EMVCo subject matter experts, representatives and EMV payment stakeholders from across the ecosystem to inform and advance EMVCo’s work in line with industry requirements. Formal sessions included updates from EMVCo on the EMV Contactless Kernel Specification testing programme, and on testing changes being considered to support using a consumer mobile device as a payment acceptance terminal, known as TapToMobile. EMVCo also communicated how it has been advancing new EMV Secure Remote Commerce (EMV SRC) UI/UX Guidelines to demonstrate an enhanced EMV SRC user experience, and the new tool was previewed. Attendees also heard from guest speaker, Jason Bohrer, who leads the Secure Technology Alliance and U.S. Payments Forum, on payments industry trends in the US, including developments in EV Charging Open Payment. Find out more about upcoming EMVCo events. Combatting E-Commerce Payment Fraud in APAC In June, EMVCo hosted a webinar with APSCA on the e-commerce fraud challenges facing businesses in the APAC region. Greg Pote, Chairman of APSCA chaired a panel with Arman Aygen, Director of Technology at EMVCo, Hanspeter Jsler, Managing Director at Netcetera Singapore, and Andy White, CEO of Australian Payments Network. Attendees learned about what types of payment and e-commerce fraud are most prevalent in APAC, what role EMV® Technologies can play in fighting e-commerce fraud, how different EMV Technologies can be used to secure online payments and what lesson