Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

EMVCo launches new program to increase industry involvement

Monday, September 22, 2008

EMVCo, the EMV standards body owned by JCB International, MasterCard Worldwide and Visa Inc., has announced plans to broaden industry participation in the development work of the organization and establish a regular dialogue between EMVCo and the global payments industry, through the launch of a new Web site subscription program and annual user meeting.

To be launched during the first quarter of 2009, a new subscription program delivered through the EMVCo Web site will enable interested parties to access advance information regarding revisions to EMV specifications, draft documents and upcoming meetings.


Subscribers will also be able to make direct contact with EMVCo to solicit feedback or guidance in respect of technical issues. EMVCo will introduce this subscription programme, at a nominal annual fee of $750 per user, in recognition that many parties, such as vendors, consultants, laboratories, payment schemes, merchants and regional associations, can benefit from providing input into the development work of the EMV specifications.

The introduction of the subscriber service will not affect the royalty-free availability of final and published versions of EMV Specifications, bulletins and application notes, type approval process documents and approval lists. EMVCo remains committed to ensuring free industry access to these documents from the EMVCo Web site. [end] 

More than three-quarters POS terminals enabled

Adoption of EMV as the universal payment standard gained further traction in 2011, with official figures revealing that more than 42% of all payment cards and nearly 76% of all terminals in circulation globally are based on EMV technology. These numbers, however, do not reflect the U.S.

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The Auriemma Consulting Group (ACG) has announced the launch of its new Mobile Payments Report, a market research service that examines the mobile phone as a payments device, financial managing tool, marketing channel and as a method of engaging with consumers.

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EMVCo, the EMV standards body owned by American Express, JCB, MasterCard and Visa, has published a new white paper on its work to securely standardize the deployment of contactless mobile payments.

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Stevenson High School, Lincolnshire, Ill., is piloting a program that can track students on school buses. The goal is to increase safety while determining more efficient bus routes. The school rolled out the program in late January that provides each student with a card that the student uses as he enters or exits a school bus.

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As some may recall back in June 2010, the Metropolitan Transportation Authority (MTA) of New York launched tap-and-go contactless payments for commuters to enter select subway stations and participating bus lines using MasterCard PayPass-enabled terminals. Well, the results are in.

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FIME is joining forces with Thales IT Security Evaluation Facility (ITSEF), a provider of information systems and secure communication in defense, security and transportation markets, to provide a new testing and certification service.

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