Independent strategic and technical consultancy Consult Hyperion, is pleased to announce the following new appointments:
EMV is at the heart of global payment card processing. As a specification it governs the processing of billions of transactions globally, with the vast majority of those flowing through the international payment schemes. As a technology it has been incredibly successful, reducing fraud levels everywhere it’s been introduced and its extension into contactless payments is now the fastest growing area of face-to-face payments. The idea that EMV might soon be obsolescent seems far-fetched, to put it mildly, but there are reasons to believe that its hegemony is under threat.
Using mobile devices for securing payments has been, and continues to be, a key area of interest for Consult Hyperion and our customers. We have helped many of our clients in this space from: providing advice on the market landscape, advising on security, testing security, developing security architectures, and building solutions. Apple’s purchase of Mobeewave a couple of weeks ago has caught our, and everyone else’s, attention. This gives us some time to reflect on this and consider what it means for the SoftPOS industry and ecosystems.