U.S. payment cards lead the world in fraud. We need to improve payment security in the U.S. Read SPP’s card payment fraud one-pager to learn more. SPP-card-payment-fraud-onepager
The Secure Payments Partnership latest white paper, Payment Insecurity: How Visa and Mastercard Use Standard-Setting to Restrict Competition and Thwart Payment Innovation. Read the full white paper here
Visa and Mastercard want Americans to believe the MYTH that EMVCo, America’s current payments standards setting body, is working to protect consumers, but the FACTS prove they’re only protecting market share.
Read a summary of SPP’s latest white paper including excerpts from our member companies including the National Retail Federation, the National Association of Convenience Stores, and SHAZAM. Full one pager here
WASHINGTON doesn’t always welcome disruption. But one disruptive force is attempting to break through old rivalries and stale assumptions to deliver something not often seen in the nation’s capital: a true partnership. Join SPP as we work toward a more equitable payments future and consider what a free and open market for innovation and competition […]
Christmas has come early this year – at least according to Americans’ spending. Recent data shows that shoppers are taking advantage of sales and buying their gifts further in advance. Discover Financial Services even called October “the new December,” due to earlier-than-normal spending related to holiday shopping. Read more
Today, smartphones can scan faces, artificial intelligence can prevent human error, and a payment can be made in the blink of an eye. Demand for these types of technologies is increasing, particularly in the payments industry. Payments technologies must adapt quickly to keep up with rapidly changing consumer demands. Over half of U.S. shoppers would stop […]
Discover launched its Click to Pay digital solution, joining earlier releases of the card networks’ universal buy button for e-commerce. Click to Pay is based on EMVCo’s Secure Remote Commerce (SRC) industry standard, acting as a form of guest checkout which alleviates the need for cardholders to manually enter personal and account information to shop at unfamiliar […]
EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. Read more…
Douglas Kantor, counsel to the Secure Payments Partnership, a coalition of retail groups and payment networks, argues that U.S. card payments need more open standards to build in better security. “One of the problems we had with the introduction of EMV in the United States was that it lagged behind the security that was already out there […]
It’s been seven months since COVID-19 forced Ohio’s 950,000 small businesses to quickly adapt and innovate. Curbside pickup for retailers, contactless carryout for restaurants, and even virtual test drives for car dealers are now not only necessary, but expected. But convenience is not the only thing that should be top of mind for Ohioans. Payments security is […]
The Secure Payments Partnership feels it has stepped up enough pressure in the past year to get busy lawmakers hearing their plea for an independent payments standards body — especially as the coronavirus pandemic has shifted more payments to digital formats and invited more fraud and chargebacks at the same time. Read more…
Balance of Power with David Westin of Bloomberg Radio focuses on the politics and policies being shaped by the agenda of President Trump’s administration. He sits down with Leon Buck — Vice President, Government Relations, Banking & Financial Services at National Retail Federation — to discuss the pandemic’s impact on cashless payments in the U.S. […]
