A newsletter for members & friends of the U.S. Payments Forum

Director’s Corner

Greetings from San Francisco

Welcome U.S. Payments Forum members to the July Member Quarterly Bulletin.  As many of you prepare for our mid-year two-day all members meeting being held July 11-12 at the Hyatt Regency San Francisco Airport, it’s a good opportunity to remind you about the change in meeting frequency this year. This July meeting is the second of three in-person meetings for the Forum.  We hope you will also join us for the third and final meeting of the year, which is scheduled for November 6-7, 2018 at the Hyatt Lodge in Oak Brook, IL, at the site of the former McDonald’s headquarters campus near Chicago.

The Forum leadership has put together another excellent agenda for the July meeting, providing a balance of industry stakeholder update reports, roundtable topics and keynote speakers, educational sessions, birds of a feather discussion groups, and our working committee breakout sessions.

One of the keynote speakers is Lance Johnson, who recently became the Executive Director for the PCI Security Standards Council.  He will be sharing news about standards activity for payments security, including the release of the new Pin on Glass specifications for online mobile devices.  We are also pleased to once again welcome Brian Byrne, Director of Operations at EMVCo, who will speak on a number of timely specifications projects underway at EMVCo, including Secure Remote Commerce, 3DS 2.0, Next Gen EMV, and payment tokenization.

As an added special session, we have organized a panel entitled Report from the Steering Committee.  This is a multi-stakeholder session to review key Forum accomplishments, activities and member feedback and to discuss strategic directions for the Forum. It is being moderated by Kristy Cook of Target, who is the chair of the Steering Committee.  

Whether you are a global payment brand, issuer, merchant, processor, domestic payment network, industry supplier, system integrator, or industry association partner, your participation in the Forum meetings and the working committees is crucial to continued success by the Forum. Active participation from many allows us to take on serious issues and implementation challenges and provide advanced education around the technologies and payments policies that are shaping the current and future of payments in the United States. 

I hope everyone is enjoying the first few weeks of summer and I look forward to seeing you in San Francisco this week.

One final calendar note: please save the date - March 11-14, 2019 - for the second annual joint 2019 Payments Summit Conference and U.S. Payments Forum All Members Meeting. It will be held at the Hyatt Regency in Phoenix, AZ. We welcome your attendance and participation!  

New Payments Resources from the Forum

The Communications & Education Working Committee published the new white paper, Signature Best Practices, providing guidance on suggested best practices for capturing and storing signatures at physical POS locations.  The white paper covers the following topics:

  • Reviews stakeholder impact of signature requirements for payment cards
  • Provides signature recommendations by payment network for card-present transactions
  • Summarizes chargeback impact by payment network for signature recommendations

The Forum Steering Committee published a V1.4 update to the U.S. Debit EMV Technical Proposal to clarify consumer application selection with multi-funding cards.  The update was done to respond to Forum member input that the published document had confusing language in one section.

Update from the Forum Steering Committee 

The U.S. Payments Forum Steering Committee has launched two new projects to provide detailed implementation guidance: a white paper on dual-interface card personalization for issuers, and updates to previously published guidance on PIN bypass for contactless transactions. Project team participation is open to all members. Please contact Cathy Medich if you’d like to participate in these projects

Working Committee Projects Update

ATM Working Committee
The ATM Working Committee is working on a white paper on contactless acceptance at the ATM. 

CNP Fraud Working Committee
The CNP Fraud Working Committee is working on two white papers on the true cost of fraud and fraud prevention pathways.

Communication & Education Working Committee
The Communication and Education Working Committee recently published a white paper on Signature Best Practices.  The paper provides recommendations on best practices for capturing and storing signatures.  Payment networks, issuers, merchants and acquirers all collaboratively worked together on this project. 

The Working Committee has a number of active projects including: 

  • A transit payments 101 webinar to provide a high-level overview and implementation guidance for transit requirements surrounding open payments
  • An educational website to provide targeted education on contactless payments for issuers, retailers and restaurant staff and customers

Mobile & Contactless Payments Working Committee
The Mobile and Contactless Payments Working Committee is working on a number of projects including:

  • A resource to discuss lessons learned regarding tokenization implementation
  • An educational resource on use case cases for wallet identifiers for mobile payments

Petro Working Committee
The Petro Working Committee continues to make progress towards producing a white paper to outline the requirements for EMV in a fleet card environment. 

Transit Contactless Open Payments Working Committee
The Transit Contactless Open Payments Working Committee is working on contactless open payments use cases on aggregated fares and mobile devices with pay-as-you-go fares to add to the technical framework solution being discussed.

For more information on Working Committee projects that are in process, please contact Devon Rohrer, drohrer@uspaymentsforum.org

Other New Payments Resources

The Secure Technology Alliance Payments Council has opened registration for a webinar on merchant implementation best practices for contactless payments on Thurs., July 19, at 2pm ET/11am PT.  The webinar covered: an update on contactless implementations in the U.S. and across the globe; benefits of contactless payments for merchants; implementation best practices and recommendations.  The Councils published the recording of the May 31st webinar on issuer implementation best practices for contactless payments.   

The Secure Technology Alliance Payments Council published a white paper, EMVCo Payment Account Reference (PAR): A Primer.  The white paper provides an overview of the EMVCo PAR, documents expected use cases for the PAR, and describes the impact of PAR implementation on key payments ecosystem stakeholders.  

The Secure Technology Alliance Mobile Council published a white paper, Trusted Execution Environment (TEE) 101: A Primer.  The white paper describes the TEE architecture and approach for implementing security; discusses the roles of the rich OS, secure element and TEE; and documents implementation considerations and challenges for mobile payments, mobile identity, the Internet of Things and content protection use cases.

New Members

  • Ingenutec, LLC
  • NCR Corp
  • Nidec Sankyo Corporation

Upgrade to Leadership PLUS Membership

This exclusive level of membership offers the most advantages for organizations that desire full benefits in the U.S. Payments Forum and Secure Technology Alliance, all for one single membership fee. Please contact Randy Vanderhoof if you would like to upgrade to this premier level.

USPF In the News

Credit Union Times: Chip Card Use Rises; Card Fraud Drops. In this article, reporter Roy Urrico highlights the key updates provided by the U.S. Payments Forum out of its last in-person meeting in March, which was jointly held with the Secure Technology Alliance Payments Summit.

ATM Marketplace: 91 percent of US ATMs are EMV-enabled, payments forum reports. This article covers the Forum’s spring 2018 market snapshot, which includes updates on the status of the U.S. EMV chip migration and contactless payments, as well as results of a member survey, and a wrap-up of projects in progress.

Mobile ID World: Biometrics a Key Topic at U.S. Payments Forum Event. Mobile ID World reported on the agenda of the upcoming July Member Meeting, highlighting hot topics surrounding payments authentication, including biometrics and new signature requirements.

Final 2018 Member Meeting Scheduled for November 

The U.S Payments Forum will hold its last in-person meeting in the fall at the Hyatt Lodge in Oak Brook, Il, less than a half hour from Chicago’s O’Hare Airport. Registration is open now; take a moment today to sign up and secure your hotel and travel arrangements. We look forward to seeing you!

About This Newsletter

The U.S. Payments Forum Quarterly is a publication for members, friends and supporters of the U.S. Payments Forum. The U.S. Payments Forum continues to support the chip migration while also broadening its focus to other new and emerging payments technologies in the U.S. Those technologies protect the security of, and enhance opportunities for, payment transactions within the U.S., and include tokenization, card-not-present transactions, point-to-point encryption, and mobile and contactless payments. Thank you for your interest, and please email us with any suggestions for future content.

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