Could there be an open, industry-based alternative to EMV? The Accredited Standards Committee X9 Inc. seems to think so.

In a Jan. 20 letter addressed to committee members and obtained by Digital Transactions News, the Annapolis, Md.-based X9 introduced the possibility of a two-day meeting to "discuss the best way forward on U.S. standards (for card and mobile payments)."

The meeting would only take place if sufficient interest were expressed by recipients of the letter, which requested feedback by Feb. 11. The meeting objective would be to discuss the introduction of an alternative to the current EMV standard, not its replacement.

The letter mentions the age, proprietary nature and inconsistent roadmaps for EMV implementation as reasons for seeking an alternative authentication standard. And while some agree that an alternative is desirable, others worry that it would slow the introduction of improved payment card security standards in the U.S.

The X9 committee includes about 150 members who develop standards for U.S. financial services, including payments networks, processors, technology vendors, security solutions providers, merchants, and banks. Committee standards are embraced by the American National Standards Institute (ANSI).

Read more about EMV.

Related Content

User Comments – Give us your opinion!
  • Mike Hendry
    It would be a great shame if the US decided to become an island in world payments - surely much better to use its weight to secure updates within the EMV framework.
Products & Services

Dynasty's Clients and Partners


KAL Security Solutions


KAL Check Cashing Solutions


NCR Cash Dispense ATMs


EMV and Payments Online Training Classes from Paragon Application …




KingTeller - A5(08) - TTW Cash Dispenser


Cash Forecasting


NCR Branch Transformation Solutions


Imaging Solutions


Media Kit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.