FB pixel

Web payment security group agrees to 2 more years

Web payment security group agrees to 2 more years
 

An industry agreement first signed in 2019 to encourage collaboration on developing better e-commerce check-outs has been renewed.

The signers are payments vendor EMVCo, the standards group the World Wide Web Consortium (W3C) and the authentication community the FIDO Alliance. The collaboration, which will now continue to improve commerce processes, is called the Web Payments Security Interest Group.

The trio have a number of individual efforts and initiatives as well. Above everything else, the group works on finding new business opportunities for each of the three’s core technologies.

The group is bringing more to the table at the time of renewal than when they originally teamed up, with W3C’s DIDs gaining traction and adoption of FIDO technologies rapidly increasing.

A statement published by EMVCo states that the group will continue to focus on a couple topics in particular.

It is not surprising that one of them is building better consumer privacy and authentication while minimizing headaches for consumers.

Also, the companies, through the group, will still invite feedback from merchants and other stakeholders in the industry.

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

World Economic Forum looks to get a GRIP on global regulatory environment

A new piece written by the World Economic Forum (WEF)’s head of digital inclusion, Kelly Ommundsen, looks at the gap…

 

Respected legal authority frames age assurance legislation as segregation, suppression

Language plays a fundamental role in how concepts and technologies are introduced into and evolve alongside society. The debate over…

 

New high scores in fingerprint biometrics accuracy for Dermalog, ROC, Innovatrics

New algorithms submitted to the U.S. National Institute of Standards and Technology for its Proprietary Fingerprint Template (PFT) Evaluation have…

 

Australia’s safety code for search tools takes effect, with age verification rules

Like its counterparts in the EU and UK, Australia’s digital regulator is beginning to formalize its online safety codes. The…

 

Age verification coming to major video game mod site in EU, UK

Want to make sweet love to that frost giant who lives in the fjord? You may have to prove your…

 

Ecuador upgrades border ID verification with Regula forensic devices

Ecuador is upgrading its border identity verification systems by deploying a range of Regula’s ID document examination devices. The deployment…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events