Will 2022 start to drive the future of Interoperability and Inclusion?

Payments are hard. That’s why the world’s leading payment organisations come to us.

The changing face of payments

person paying using a bank card

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.

Building SoftPOS – not as easy as you think.

selective focus photography of person holding iphone displaying white screen

For the third year running, my colleague Gary Munro facilitated a thought-provoking debate around the use of mobile phones and tablets as contactless payment terminals during last week’s virtual Merchant Payments Ecosystem (MPE) conference. For the last three years, Gary and his panellists have tracked the progress of the SoftPOS technology and standards.  The three key messages that I took away from this year’s conversation were that:

What does Apple’s purchase of Mobeewave mean for SoftPOS?

Apple acquires Mobeewave

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.


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