October 28, 2016Blog Posts

FIDO Alliance links with EMVCo to develop new security standards for mobile payments

Mobile Payments Today:

FIDO Alliance, the industry consortium developing open, interoperable authentication standards, announced this past week that it will work with EMVCo to add convenience and security to in-store and in-app EMV-compliant mobile payments, according to a press release.

The FIDO Alliance will develop a new technical specification into its FIDO authentication suite to fulfill use cases provided by EMVCo. The specification will provide a standard way for mobile wallet providers and payment application developers to support Consumer Device Cardholder Verification Method (CDCVM)[i],

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