EMV: Solving For The Wrong Problem

We’ve been talking about standards an awful lot lately: or, more specifically, the lack of them. Wireless technology standards. Mobile payment technology standards. Common AIDs for debit routing implementation. Let’s face it. Standards accelerate adoption because they facilitate development – no arguing over what to build or how to build it. At the same time, they basically presume a “winning” solution has been determined – no more deliberation. VHS “won,” Betamax lost. Blu-ray “won” and no one remembers HD DVDs. Read more.