Sunday, December 15, 2024

EMVCo: Supports Security Evaluation for IoT Products

EMVCo: Supports Security Evaluation for IoT Products

  • EMVCo the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing
  • Function extended to include IoT products and solutions to deliver efficiencies and also confidence across the payment ecosystem
  • Global technical body EMVCo has also confirmed its security evaluation methodologies
    and processes support IoT payment use cases
  • Device hardware evaluations are playing an increasingly important role in IoT assessments across various IoT payment use cases
  • EMVCo also delivers software security assessments of various interfaces and payment
    security functional requirements of IoT products
  • EMVCo brings efficiencies and confidence to the IoT payment ecosystem, and an established framework of payment expertise

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