EMVCo releases contactless kernel specification to streamline payment acceptance

EMVCo logo

EMVCo has officially launched the EMV Contactless Kernel Specification detailing the features and requirements for the software used to process transactions in payment acceptance devices such as point-of-sale terminals and ATMs that will simplify and advance global payment acceptance, enhance security, improve transaction speeds and support more reliable data transmission... More










Nearly half of UK consumers now make mobile payments every week

More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd... More




Consortium proposes European Digital Identity Wallet payments pilot

Nobid Consortium participants

A consortium of government agencies, financial institutions, payments networks and technology providers from Denmark, Germany, Iceland, Italy, Latvia and Norway is proposing to launch a large-scale payments pilot to explore how the European Digital Identity Wallet being developed by the European Commission would support cross-border transactions... More


Linux Foundation launches open source digital wallet project

The Linux Foundation logo

The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments.   ... More