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 Specifications can continue to evolve and promote seamless and secure payments.

View the Annual Report.

 March Board Of Advisors Meeting Recap

In March, Associates convened in Amsterdam for the first of two in-person EMVCo Board of Advisors Meetings in 2023. The three-day meeting featured discussions on key EMVCo strategic and technical priorities and areas for consideration, including EMV 3-D Secure (3DS) testing, TapToMobile, how EMV Technologies work together, and EMV Secure Remote Commerce (SRC) UI/UX. The agenda also included guest presentations from Adyen on unified commerce.

Technical Updates

EMV® Payment Tokenisation – A Guide to Use Cases

EMVCo published EMV® Payment Tokenisation – A Guide to Use Cases v2.2.1 to describe use case examples that demonstrate the extent and flexibility of the EMV Payment Tokenisation Technical Framework. Version 2.2.1 adds use cases that show the combination of EMV Payment Tokenisation with EMV SRC and EMV 3DS technologies.

EMV® Contact Chip v4.4

EMVCo published a new version of the EMV Contact Chip Specification. The new Version (v4.4) includes all existing specification bulletins in the current Version 4.3 of EMV* Book 1/2/3/4.

*EMV Integrated Circuit Card Specifications for Payment Systems

New Contactless Security Book

EMVCo plans to publish the EMV® Contactless Specifications for Payments Systems: Book E – Security and Key Management for Associate review in Q2 2023. This document defines the approaches and cryptographic methods (including ECC) to ensure adequate security functionality.

3DSA Bulletin nº 21: Activation of the Approval Testing Process for Products Supporting 3-D Secure Protocol Version 2.3.1

EMVCo has updated the 3DS approval process to support the testing of 3-D Secure Server (3DSS) supporting the version 2.3.1.0 of the 3-D Secure Protocol Specification (3DS Protocol Version 2.3.1).

Events

EMVCo participated in these key industry events in Q1:

MAG Mid-Year Conference & Tech Forum 2023

In February, Brian Byrne, former Director of Engagement and Operations at EMVCo, presented at the 2023 MAG Mid-Year Conference and Tech Forum. Brian explained how EMV 3DS increases authentication success rates in a panel exploring how EMVCo, FIDO and W3C are bringing collaborative value to addressing the challenges and opportunities around secure online commerce.

U.S. Payments Forum 2023 Payments Summit

In February, EMVCo presented during three sessions at the U.S. Payments Forum 2023 Payments Summit. Oliver Manahan, Director of Engagement and Operations at EMVCo, and FiRA Consortium explored the opportunities of ultra-wideband and how it can support payment transactions.

Clinton Allen, Chair of the Secure Remote Commerce Working Group delivered a session on EMV SRC and how it aims to deliver comparable levels of security, interoperability and convenience to enhance the remote environment.

Arman Aygen, Director of Technology at EMVCo explored the state of the payments industry in a panel alongside FIDO Alliance, PCI SSC and W3C.

Don’t miss EMVCo at these upcoming industry events this year:

MAC Level Up 2023

 EMVCo is attending MAC Level Up 2023 on March 28-30. Oliver Manahan, Director of Engagement and Operations at EMVCo, will speak on EMV 3DS alongside James Rendell, CTO of Arcot.

Merchant Payments Ecosystem Berlin

EMVCo is attending Merchant Payments Ecosystem in Berlin on March 28-30. Arman Aygen, Director of Technology, will join the panel discussion ‘New frontier for payments – Gaming & Gambling’.

Educational Resources  

Do you have colleagues, partners or customers who would benefit from greater EMV understanding? Go to the EMVCo Knowledge Hub to view and share the latest EMV educational resources. Don’t miss:

EMV Insights

Podcast: Talking Payments with EMVCo

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EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

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