Payments News

On The Web

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Standards

The PCI Council Unveils Its New Software Security Standards

“The new set of requirements actually has two major components—The PCI Secure Software Standard and the PCI Secure Lifecycle Standard—and is under the umbrella of what the Wakefield, Mass.-based PCI Council calls its new Software Security Framework. The Council has been working on updating software security for more than a year, and indicated last month […]
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Standards

Deutsche Bundesbank eases banks into ISO 20022

“Deutsche Bundesbank, the German central bank, is using Swift MyStandards and Readiness Portal to support the European banking community migrate payment flows to the ISO 20022 standard. The central bank will use the platform to ensure a smooth transition for community members. Deutsche Bundesbank is a member of the four central bank service providers for the Target services. The Readiness Portal […]
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Standards

Consultation on ISO 20022 Migration for Australian Payments System

“The Reserve Bank and the Australian Payments Council (APC) today issued a consultation paper seeking stakeholder views on the migration of messaging used in some parts of the Australian payments system to the International Organization for Standardization (ISO) 20022 payments messaging standard. The Australian payments system comprises a number of payment services, clearing systems and […]
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Security

Cyber Security for Consumer Internet of Things

“The present document brings together widely considered good practice in security for internet-connected consumer devices in a set of high-level outcome-focused provisions. The objective of the present document is to support all parties involved in the development and manufacturing of consumer IoT with guidance on securing their products. “
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Security

FIDO2: Android Is Helping Kill Passwords on a Billion Devices

“On Monday, Google and the FIDO Alliance announced that Android has added certified support for the FIDO2 standard, meaning that the vast majority of devices running Android 7 or later will now be able to handle password-less logins in mobile browsers like Chrome. Android already offered secure FIDO login options for mobile apps, where you […]
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Global

QR Code Payment Specs in Japan Could Be Unified by Summer

“The Payments Japan Association, a council on promoting cashless payments that includes representatives from the Economy, Trade and Industry Ministry and the finance and information technology sectors, has announced standardized specifications. The specifications are being called “JPQR.” Currently, the multiple competing specifications have forced retailers to take time and make efforts. Standardized specifications will support […]
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On The Wires

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Standards

Public consultation – SEPA Cards Standardisation Volume v8.5 and Tokenisation Considerations for SEPA Card Payments

“The European Cards Stakeholders Group (ECSG), the industry association in charge of cards standardisation in the Single Euro Payments Area (SEPA), is today releasing version 8.5 of the SEPA Cards Standardisation Volume (the Volume) for a three-month public consultation. The Volume is considered a key document for the cards industry, with a goal of achieving […]
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Domains

Equinox Payments and ACCEO Tender Retail Deliver PCI 5.x-certified P2PE-ready Solutions on First Data Platform

“Equinox Payments (“Equinox”), a leading provider of payment terminals, software and services, and ACCEO Tender Retail today announced that the Equinox Luxe 8500i and Luxe 6200m payment terminals have achieved EMV end-to-end certification on First Data’s processing platform and are expected to be submitted to the PCI Security Standards Council in February for validation. The solution leverages the First Data payments […]