Emvco news and trends

EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 
Payments Innovation // October 05, 2022

The global standards organization overseeing the infrastructure that enables safe and seamless card-based transactions has issued new specifications it says are designed to simplify the acceptance of contactless and mobile payments globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

EMVCo: Global Circulation of EMV Chip Cards Tops 12B
EMV // June 08, 2022

The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of last year, according to an EMVCo press release Wednesday (June 8). Get the Full Story Complete the form to unlock...

EMVCo: Majority Of Payment Cards (8.2B) Are Chip-Enabled
Payments Innovation // January 22, 2020

More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. Get the Full Story...

Thailand’s Siam Commercial Bank Teams With Ripple For Payment App
Digital Banking // January 10, 2020

Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Interviews & Exclusives
The ‘Invisible Change’ Coming To Online Shopping

July 15, 2019
For those who are focused on how better payments can lead to better eCommerce, the upcoming months promise to be an exciting and revealing time. That’s because the newest EMVCo payment specification is freshly out in the world, and the feedback and metrics on its success and failures will soon start emerging. Get the Full […]

New Podcast: Rambus CTO On Securing Remote Commerce And Ditching The Friction

September 05, 2018
As Sam Cooke sang: “It’s been a long time comin’ … but I know a change is gonna come.” Get the Full Story Complete the form to unlock this article...

Will Merchants, Consumers Warm Up To SRC Payments?

July 20, 2018
As a species, human beings tend to like consistency. That desire extends to eCommerce, too — and it’s the motivation behind a new digital payments technology called Secure Remote Commerce (SRC), backed...

Standardizing Digital Payments Standardization

December 14, 2017
Payments standardization is easy in concept, difficult in process in the age of mobile commerce. How to bridge the divides between payments firms, consumers and businesses? A few key tenets,...

Quick Reads
EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation

August 10, 2023
According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip cards were in global circulation, representing a 7% uptick compared to the previous year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]

EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 

October 05, 2022
The global standards organization overseeing the infrastructure that enables safe and seamless card-based transactions has issued new specifications it says are designed to simplify the acceptance of contactless and mobile payments globally. Get the Full Story Complete the form to unlock this article...

EMVCo: Global Circulation of EMV Chip Cards Tops 12B

June 08, 2022
The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of last year, according to an...

EMVCo: Majority Of Payment Cards (8.2B) Are Chip-Enabled

January 22, 2020
More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75...