Press Release: EMVCo, FIDO Alliance, and W3C collaborate on educational resource for more secure and convenient Web payments

Dear friends of W3C,

EMVCo, the FIDO Alliance and the World Wide Web Consortium (W3C) have published a document explaining the roles of their related technology specifications, that together can support merchants in delivering a more secure and convenient payment experience for the benefit of their e-commerce customers.

The ‘How EMVCo, FIDO, and W3C Technologies Relate’ document is the first output of the Web Payment Security Interest Group, a collaborative industry-led initiative focused on enhancing the interoperability of web payments. Key to this ongoing effort is identifying gaps between relevant specifications to increase compatibility among different technologies.

The press release is copied as text below and online at:
https://www.w3.org/2020/11/pressrelease-htr.html.en

Please feel free to contact me to schedule an interview at <w3t-pr@w3.org>. Thank you.

Yours sincerely,

Amy van der Hiel
W3C Media Relations Coordinator

------

   [1]W3C  [2] EMVCo  [3] FIDO Alliance  

      [1] 
https://www.w3.org/

      [2] 
http://www.emvco.com/

      [3] 
http://fidoalliance.org/


 EMVCo, FIDO Alliance, and W3C collaborate on educational resource for
                more secure and convenient Web payments

First work product from Web Payment Security Interest Group outlines the
roles of complementary technologies that can enhance the security and
convenience of web payments for merchants and their e-commerce
customers.
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   [4]Translations | [5]W3C Press Release Archive
     __________________________________________________________

      [4] 
https://www.w3.org/Press/Releases-2020#htr

      [5] 
https://www.w3.org/Press/


   [6]
https://www.w3.org/
 — 5 November 2020 — EMVCo, the FIDO
   Alliance and the World Wide Web Consortium (W3C) have published
   a document explaining the roles of their related technology
   specifications, that together can support merchants in
   delivering a more secure and convenient payment experience for
   the benefit of their e-commerce customers.

      [6] 
https://www.w3.org/


   The ‘[7]How EMVCo, FIDO, and W3C Technologies Relate’ document
   is the first output of the [8]Web Payment Security Interest
   Group, a collaborative industry-led initiative focused on
   enhancing the interoperability of web payments. Key to this
   ongoing effort is identifying gaps between relevant
   specifications to increase compatibility among different
   technologies.

      [7] 
https://www.w3.org/TR/htr/

      [8] 
https://www.w3.org/securepay/


   This new educational resource informs payments industry
   stakeholders on the roles of EMV® Secure Remote Commerce (SRC),
   EMV 3-D Secure (3DS), EMV Payment Tokenisation, FIDO Alliance's
   FIDO2 specifications, and W3C's Web Authentication and Payment
   Request APIs, which may be used together to enable more secure
   and convenient card-based payment during an e-commerce guest
   checkout on the Web.

   The document also addresses how these technical specifications
   can support merchant efforts to fight fraud, protect user
   privacy and meet regulatory requirements, while helping to
   reduce cost and streamline the online payment process.

   Following the document’s publication, the Web Payment Security
   Interest Group is actively seeking feedback from interested
   organizations to improve and enhance the document. For more
   information and details on how to submit feedback, please
   visit: [9]
https://www.w3.org/securepay/.


      [9] 
https://www.w3.org/securepay/


   At the [10]Authenticate 2020 Conference on 18 November,
   representatives from EMVCo, the FIDO Alliance and W3C will
   participate in a virtual panel session to discuss the document
   and seek input on it from payments industry stakeholders. The
   conference is open and free for anyone to attend.

     [10] 
https://authenticatecon.com/


   "As more merchants move online, especially since the start of
   the COVID-19 pandemic, and fraud attempts increase, EMVCo sees
   this collaboration with the FIDO Alliance and W3C as a major
   contribution to advancing secure web-based payments, while also
   simplifying the online payment process for merchants and
   helping to reduce friction for their e-commerce customers,"
   said Bastien Latge, Director of Technology for EMVCo.

   "FIDO Authentication can complement EMVCo and W3C technologies
   by securely and conveniently authenticating users and
   transactions in a variety of scenarios," said Christina Hulka,
   executive director and chief operating officer of the FIDO
   Alliance. "The Web Payments SIG and this first resource are
   intended to educate and answer questions so ultimately these
   technologies can be implemented for stronger and simpler web
   payments. We look forward to industry feedback to help us to
   frame future educational outputs."

   "W3C, EMVCo, and FIDO have been working together for a number of
   years, and now is the time for the industry to start to reap
   the benefits," said Ian Jacobs, W3C's payments lead. "We
   published 'How EMVCo, FIDO, and W3C Technologies Relate' to
   usefully answer real-world industry questions. Through it, the
   three organizations have also advanced their understanding of
   each other's activities. This now allows us to accelerate our
   joint efforts, and in collaboration with industry, to develop
   the next generation of secure and user-friendly technologies to
   streamline e-commerce."

   End Press Release

  Notes to Editors:

   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.

About EMVCo

   EMVCo is the global technical body that facilitates the
   worldwide interoperability and acceptance of secure payment
   transactions by managing and evolving the EMV Specifications
   and related testing processes. EMV is a technology toolbox that
   enables globally interoperable secure payments across
   face-to-face and remote environments. Adoption of EMV
   Specifications and associated approval and certification
   processes promotes a unified international payments framework,
   which supports an advancing range of payment methods,
   technologies and acceptance environments. The specifications
   are available royalty free, designed to be flexible, and can be
   adapted regionally to meet national payment requirements and
   accommodate local regulations.

   EMVCo is collectively owned by American Express, Discover, JCB,
   Mastercard, UnionPay and Visa, and focuses on the technical
   advancement of the EMV Specifications. To provide all payment
   stakeholders with a platform to engage in its strategic and
   technical direction, EMVCo operates an [11]Associates Programme
   and encourages all interested parties to get involved.

     [11] 
https://www.emvco.com/get-involved/associates/


   For further information: [12]
www.emvco.com
 │ [13]EMV® Insights
   │ [14]LinkedIn │ [15]Twitter │ [16]An Introduction to EMVCo │
   [17]YouTube

     [12] 
http://www.emvco.com/

     [13] 
https://www.emvco.com/emv-insights/

     [14] 
http://www.linkedin.com/company/emvco/

     [15] 
https://twitter.com/emvco?lang=en-gb

     [16] 
https://www.youtube.com/watch?v=g1aSWgq0l8s

     [17] 
https://www.youtube.com/channel/UCQPCa9UJuF5wGslZymPq1sQ


About the FIDO Alliance

   The FIDO (Fast IDentity Online) Alliance, [18]fidoalliance.org,
   was formed in July 2012 to address the lack of interoperability
   among [19]strong authentication technologies, and remedy the
   problems users face with creating and remembering multiple
   usernames and passwords. The FIDO Alliance is changing the
   nature of authentication with standards for simpler, stronger
   authentication that define an open, scalable, interoperable set
   of mechanisms that reduce reliance on passwords. FIDO
   authentication is stronger, private, and easier to use when
   authenticating to online services.

     [18] 
https://fidoalliance.org/

     [19] 
https://fidoalliance.org/specifications/


About the World Wide Web Consortium

   The mission of the World Wide Web Consortium (W3C) is to lead
   the Web to its full potential by creating technical standards
   and guidelines to ensure that the Web remains open, accessible,
   and interoperable for everyone around the globe. W3C well-known
   standards HTML and CSS are the foundational technologies upon
   which websites are built. W3C works on ensuring that all
   foundational Web technologies meet the needs of civil society,
   in areas such as accessibility, internationalization, security,
   and privacy. W3C also provides the standards that undergird the
   infrastructure for modern businesses leveraging the Web, in
   areas such as entertainment, communications, digital
   publishing, and financial services. That work is created in the
   open, provided for free and under the groundbreaking W3C Patent
   Policy. For its work to make online videos more accessible with
   captions and subtitles, W3C received a 2016 Emmy Award. And for
   its work to standardize a Full TV Experience on the Web, W3C
   received a 2019 Emmy Award.

   W3C's vision for "One Web" brings together thousands of
   dedicated technologists representing more than 400 [20]Member
   organizations and dozens of industry sectors. Organizationally,
   W3C is jointly run by the [21]MIT Computer Science and
   Artificial Intelligence Laboratory (MIT CSAIL) in the United
   States, the [22]European Research Consortium for Informatics
   and Mathematics (ERCIM) headquartered in France, [23]Keio
   University in Japan and [24]Beihang University in China. For
   more information see [25]
https://www.w3.org/.


     [20] 
https://www.w3.org/Consortium/Member/List

     [21] 
https://www.csail.mit.edu/

     [22] 
https://www.ercim.eu/

     [23] 
https://www.keio.ac.jp/

     [24] 
http://ev.buaa.edu.cn/

     [25] 
https://www.w3.org/


EMVCo PR Contacts

   Dave Amos / Chloe Smith
   <[26]david@iseepr.co.uk> / <[27]chloe@iseepr.co.uk>
  mailto:david@iseepr.co.uk
  mailto:chloe@iseepr.co.uk

   +44 1943 468007

FIDO Alliance PR Contacts

   Karen Arena, Aircover PR
   <[28]press@fidoalliance.org>
  mailto:press@fidoalliance.org

   +1 732-407-8510

W3C PR Contact

   Amy van der Hiel, W3C Media Relations Coordinator
   <[29]w3t-pr@w3.org>
  mailto:w3t-pr@w3.org

   +1.617.253.5628 (US, Eastern Time)
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   [30]Translations | [31]W3C Press Release Archive

     [30] 
https://www.w3.org/Press/Releases-2020#htr

     [31] 
https://www.w3.org/Press/



 

Received on Thursday, 5 November 2020 13:29:54 UTC