Slide
Payment
/
Friday
7
October
2022

Acceptance systems at the heart of new payment practices

The latest edition of Oaklen Consulting's industry watch highlights new payment uses with acceptance systems and their specifications adapting.

EMVCo: a guide to tokenization use cases and specifications for a new EMV contactless kernel

EMVCo updates its guide on the use cases of payment tokenization. Very educational, this document presents the kinematics of token use with a wallet, in-app payment, card-on-file, with SRC or MIT.

EMVCo also announces the development of a contactless Kernel specific to EMVCo.

In the long run, this will make it possible to get rid of the contactless kernels licensed by the card schemes, but it will probably take many years before the field deployment is effective, once the specifications are available.

Functional comparison between FRv6 and NEXO

For its part, FrenchSys publishes a document that helps to understand the few structural functional differences between FRv6 and NEXO NIS v5, namely essentially: pre-authorization, tips, cash advance or theDCC.

Standardization and governance of QR codes for instantaneous payments at the point of sale

The EPC proposes standardization and governance to enable the interoperability of QR Codes to initiate instant payments on Eftpos terminals. Whether the QR Code is presented by the merchant or the cardholder, interoperability is based on an Instant Payment Service Provider (IPSP) identifier assigned under the authority of the EPC. The document also examines the conditions of interoperability with already operational QR Code standards (EMPSA, Alipay, EMV).

Questions / Answers on PSD2 and RTS SCA & CSC

Finally, the EBA's Q&A provides some more details on the implementation of the RTS, in particular on the fact that a transaction with a cell phone at a point of sale is not qualified in the same way depending on whether the authentication is done locally via NFC or requires the use of the Internet because of a QR Code. In the first case, the dynamic linking is not mandatory, while it is in the second case.

For more information and to obtain the complete watch: contacteznous@oaklen.eu

Share this article
To go further

Our other articles

Compliance
/
Tuesday
14
May
2024

The start of 2024 heralds major changes in the regulatory landscape applicable to payment services

Read the article
Payment
/
Tuesday
19
March
2024

Regulators step up pressure on payment-related commissions

Read the article
Payment
/
Tuesday
5
March
2024

The European Central Bank sets its priorities for 2024

Read the article
Innovation
/
Monday
12
February
2024

Oaklen Consulting strengthens its strategic position in a fast-growing payment market

Read the article
Payment
/
Friday
2
February
2024

The card plays a central role in everyday spending

Read the article
Payment
/
Thursday
21
December
2023

Euro: Reinforcing legal tender and preparing the legal framework for a potential digital euro

Read the article
Fraud
/
Thursday
7
December
2023

The right combination to combat fraud effectively: User awareness and fair compensation

Read the article
Payment
/
Thursday
12
October
2023

Between consolidation and segmentation of offers, card acceptance/acquisition continues to undergo major changes

Read the article
Innovation
/
Thursday
14
September
2023

Technological innovations and payments feed off each other to create new uses

Read the article
Payment
/
Thursday
20
July
2023

PCI SSS aims to reduce Internet payment vulnerabilities

Read the article
Payment
/
Friday
5
May
2023

The diversity of payment habits in Europe demonstrates the need to adapt the fight against fraud to the local context

Read the article
Payment
/
Thursday
16
March
2023

Acceptance systems that evolve to meet consumer expectations

Read the article
Compliance
/
Monday
13
February
2023

Mobilize the entire company around the project of writing the annual internal control report

Read the article
Payment
/
Wednesday
25
January
2023

Instantaneous and universal are the keys to all retail payments: by bank transfer, cash or fractional payments

Read the article
Digital Payment
/
Thursday
5
January
2023

Crypto payments: why is there always so much "buzz word"?

Read the article
Buying journey
/
Tuesday
8
November
2022

Digital payment faces new challenges in a still growing e-commerce in Europe

Read the article
DSP2
/
Thursday
20
October
2022

The EBA's clarification of the concept of "limited network" foreshadows the orientations of the PSD3

Read the article
Payment
/
Friday
7
October
2022

Acceptance systems at the heart of new payment practices

Read the article
Innovation
/
Thursday
30
June
2022

PW Consultants becomes Oaklen Consulting. New name, new look, new expertise, but our mission remains the same.

Read the article
Payment
/
Thursday
30
January
2020

Digitalisation of currencies is emerging and 'traditional' payment methods are proving resilient

Read the article
Digital Identity
/
Thursday
13
February
2020

Digital identity: a topic of "interest" to both regulators and payment industry players

Read the article
Open Banking
/
Thursday
12
March
2020

Open Banking: a development that is going global

Read the article
Payment
/
Tuesday
24
March
2020

Instant payment is being rolled out on both sides of the Atlantic

Read the article
eCommerce
/
Thursday
2
April
2020

e-Commerce: Continued and increasingly international growth

Read the article
Innovation
/
Thursday
16
July
2020

Local or global, stablecoin wants to shape its future

Read the article
Digital Identity
/
Tuesday
28
July
2020

Digital Identity Implementation Guides

Read the article
Payment
/
Tuesday
29
September
2020

Divergent views on a possible revision of the 2015 Interchange Regulation

Read the article
Payment
/
Thursday
8
October
2020

Cross border: a new 'horizon' for payments

Read the article
Payment
/
Wednesday
28
October
2020

Payment business model issues exacerbated by COVID-19

Read the article
Open Banking
/
Thursday
3
December
2020

Open Banking: the UK shows a path to maturity

Read the article
Digital Payment
/
Tuesday
12
January
2021

Europe takes first steps towards a digital Euro

Read the article
Payment
/
Thursday
28
January
2021

Payments at the heart of Europe's Strategy for Digital Finance

Read the article
Fraud
/
Tuesday
23
February
2021

Points of vigilance on anti-money laundering, payment fraud and operational risks

Read the article
Open Banking
/
Thursday
18
March
2021

Open Banking & Payments: the "principles" are taking shape

Read the article
Payment
/
Tuesday
20
April
2021

Instant transfer structures the hybridisation of payments

Read the article
Innovation
/
Thursday
29
April
2021

Technology is opening up ever more opportunities for innovative financial services

Read the article
Payment
/
Tuesday
25
May
2021

Payment systems supervision steps up to take account of the hybridisation of payments in Europe

Read the article
Payment
/
Thursday
8
July
2021

Payment facilities: the authorities are paying close attention to the risk of overindebtedness

Read the article
Banks
/
Tuesday
12
October
2021

Between the fintech innovation race and the attachment to cash, the future of payments is still built on trust.

Read the article
Authentication
/
Monday
15
November
2021

Large-scale adoption of digital payments is conditional on "details" in the customer experience.

Read the article
Compliance
/
Wednesday
19
January
2022

Prepare your annual report on internal control for the year 2021

Read the article
Digital Identity
/
Thursday
16
April
2020

Launch of the first digital identity service in France

Read the article
Payment
/
Tuesday
28
April
2020

Insights into the evolution of payments

Read the article
Banks
/
Tuesday
12
May
2020

Interchange Regulation: a case for the status quo?

Read the article
Banks
/
Tuesday
10
May
2022

The impact of containment on cashless and cash payments

Read the article
Fraud
/
Monday
7
March
2022

User trust is the cornerstone of payments. It is becoming ever more complex.

Read the article
Banks
/
Friday
4
February
2022

The deployment of innovations to make payments more fluid remains highly dependent on domestic market dynamics

Read the article

A question? A project? Tell us all about it.

Because we can't wait to listen to you and help you innovate and emerge. Simply to accompany you. Leave us a message, we will answer you as soon as possible.
Contact us