Knowledge Center

Last week UL attended Money20/20 Europe in Amsterdam, bringing together key leading experts from across the world of FinTech to share market insight and explore new opportunities that may change the world of finance.

Blockchain and other distributed ledger technologies (DLTs) are rapidly changing the landscape of many industries, as evidenced by the surge of interest seen in 2017 that continues to skyrocket.

EMV® 3-D Secure is the next generation of the industry standard 3-D Secure (3DS) online authentication for use with electronic commerce payment.

The digital era has brought us so much; streamlined shopping, more convenient payment means, and AI that can switch on your favorite Netflix series at your command. The downside of these innovations is the risk of cybercrime.

Why do we need to test M2M and Consumer RSP entities beyond the specifications? Why do it, as it could entail a lot of extra effort?

Since they were first introduced, POS terminals have evolved into powerful devices that intend not only to accept payment cards and process transactions, but offer a broad range of non-payment services helping merchants in their business. These new types of POS are usually called SmartPOS.

In 2013 Google introduced its mobile Operating System Android 4.4 (KitKat). Android 4.4 (KitKat) included a new Near Field Communication (NFC) feature: Host-based Card Emulation (HCE).

Just last week (9th March, 2018) PCI released the latest version of their PIN Transaction Security (PTS) standard.  This standard covers the security of ‘traditional’ PIN entry terminals, card readers, Unattended Payment Terminals, Encrypting PINPads (EPPs), as well as ‘non-PIN’ terminals – all o

ID proofing systems which use electronic Machine Readable Travel Documents (eMRTDs) such as ePassports, electronic identification documents (eIDs) and electronic residence permit documents are systems that banks depend on for ensuring the correct identification of customers making transactions.

Most people don’t usually associate passport control in airports with a fast and pleasant experience, but this is exactly what Automated Border Control (ABC) aims to achieve.