Infineon joins the EMVCo advisory board to increase consumer confidence in payment security and enhance payment convenience

Industry News 2023-11-24

【Lansheng Technology News】The Infineon Technologies AGAdvisory Board will use its decades of rich experience in semiconductor security and connectivity to enhance user trust and convenience in bank card payments around the world. EMVCo is a global technology organization dedicated to enabling global businesses and consumers to use seamless and secure bank card payment services by developing and managing EMV specifications and plans. This organization is mainly responsible for the certification of standard specifications and security technologies such as EMV® Chip Contact and EMV 3-DSecure.


Oliver Manahan, Director of Interaction and Operations at EMVCo, said: "We are delighted that Infineon has decided to join the EMVCo Advisory Board. We look forward to Infineon's participation in EMVCo's work and to Infineon's expertise and technology in semiconductors and payment solutions. Expertise can benefit us." Infineon already cooperates extensively with global technology organizations such as EMVCo and contributes to the development of payment specifications and standards and the fight against fraud. This in-depth cooperation with EMVCo is expected to further promote Infineon’s work and efforts in this area.


Tolgahan Yildiz, Vice President of the Trusted Mobile Connectivity and Transaction Product Line atInfineon Technologies, said: “As a global leader in the secure payment IC market, Infineon is committed to innovating and developing various technologies and solutions to bring various benefits to people. a safe and convenient payment method. We look forward to working closely with other EMVCo consultants to increase consumers’ confidence in payment security when using new and innovative payment methods, including: electronic payment cards and digital wallets, wireless payments (including Wi-Fi, low-power Bluetooth, NFC and UWB) and the new EMV contactless core, etc."


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