Secure payments, generation 2.0

The number and the decimal — 2.0 — has evolved into a rough shorthand for the newest version of something. It’s ubiquitous. It could mean anything. A revamp, a redo, a new and improved model — from technology to your latest spouse. Enter 3-D Secure 2.0. Late last month, EMVCo published the EMV 3-DS 2.0 Specification, a messaging protocol that allows consumers to be authenticated to card issuers during card-not-present transactions. That authentication can also extend to activities that are decidedly non-payment in nature, such as when an individual adds a payment card to his or her digital wallet. The protocol covers app-based purchases done on mobile devices and also browser-based transactions (you know, the older way of doing things). Read more: