After World War Two, American commerce escalated in ways unimaginable earlier in the century. The Chicago Merchandise Mart stands as one of the centers of that escalation, providing a venue for some of the period’s greatest thought leaders in commerce: … Continue reading
Digital Offers are an essential component in commerce on-line, sharing characteristics of Digital Marketing and of traditional incentives such as Loyalty and Coupons. A Task Force associated with the Web Payments Interest Group has been examining some scenarios to determine … Continue reading
The Web Payments Interest Group met at MIT on July 1, 2016, discussing near-term opportunities for standardization, moving important new work forward and reviewing exciting future possibilities and challenges in the world of Web Payments. The Mission of the Web … Continue reading
NACS Daily reported today that Card-Not-Present Fraud Jumps 30%, according to BankInfo Security. This increase in fraud on the web and in other CNP situations has been long predicted: as EMV is deployed in card present scenarios, fraud will move … Continue reading
Information Controls and Information Flows pretty much covers the entire transactional messaging world of financial services. Do you like the sound of the below then read on: 1) Identity based encryption? Separate credentials and access controls per element of information? … Continue reading
The Web Payments Interest Group is seeking to reduce fraud for online payments. The challenges include finding ways to support use cases such as securely gaining access to your bank account from your web browser, and installing and activating payment … Continue reading
Jeff Jaffe and Stephane Boyera published an article describing the role and objectives of the W3C Web Payments Initiative in the Banker magazine. The Banker is an English-language monthly international financial affairs publication owned by The Financial Times and edited … Continue reading
In November, the Retail Payments Risk Forum had a meeting in Atlanta, Georgia. This meeting was hosted by the US Federal Reserve Bank, and the W3C Web Payments IG was invited to describe ongoing work for bringing payments to the … Continue reading
On October 27 and 28, the W3C Web Payments IG ran its first face to face meeting, as part of TPAC. The agenda was split in various sections. The first day was dedicated to reviewing various specifications from ISO, X9 … Continue reading
Here’s how to get involved in the Web Payments Interest Group! Chairs: Erik Anderson (Bloomberg) and David Ezell (NACS) W3C Staff Contact: Stephane Boyera <boyera@w3.org> List of Participating W3C Members List of individual representatives (W3C Member-only) We Want Diverse Participation … Continue reading