Additional details will be released soon.
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Key standards and specifications that are defining how mDLs will work in practice, especially as individuals start using them in online transactions. We were talking in the mDL Jumpstart WG about how it could be really interesting to invite some of the individuals who have been working on the deeper specifications for how individuals can interact with digital wallets and mDLs. Although a lot of the work they do is very technical, the impact is directly to the user experiences and what this looks and behaves like in practice. In particular, the work in Digital Credentials API (which has a lot of common ground with FIDO Passkeys) will directly impact how credentials in both application wallets and native wallets are shown to the individual holder and how cross-device experiences might work. I could see how this could be really valuable information for relying parties to understand better!
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With the growth and evolution of the payments landscape, payment fraud has transformed as well; the impact to the ecosystem extends far beyond monetary losses. The Federal Reserve’s Payments System Improvement team works closely with the payments industry to help identify and understand the latest fraud trends, identify potential challenges, and collaborate on potential solutions. In this session, we will discuss: – The latest trends in check fraud, scams, and new account fraud – How innovation and new technology is being used to not only perpetrate but also prevent fraud – How the Federal Reserve’s FraudClassifier model and newly published ScamClassifier model can be used to provide a common language for fraud reporting and information-sharing
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Ever since NIST started the search for new, Quantum-safe algorithms in 2018, we have been discussing why we need to prepare our digital economy for the advent of the quantum computer.
In August 2024 NIST released a new set of standards to identify and recommend some of the new, quantum-safe, algorithms for signing and key establishment.
Many industries are preparing themselves for this migration by establishing key inventories, preparing their systems and environments to become crypto-agile and thereby future-proofing their core technologies and systems to become quantum-safe.
The migration has already started with major players like Cloudflare, Google, Apple, Signal using hybrid schemes to protect against “harvest now, decrypt later” attacks.
Let’s change the conversation from “Why are we doing this?” towards “How can we do this?”.
Post-Quantum Computing often evokes confusion or anxiety driven by uncertainty. What does it mean? How does it impact your organization? Without getting lost in the weeds, this presentation will clarify PQC concepts, demonstrate its relevance to all organizations, and outline actionable steps to take now and over the next year. Join us to transform uncertainty into understanding and preparedness!
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This presentation will cover AAMVA’s role in the mDL ecosystem including Issuing Authority support, Relying Party value propositions, the Digital Trust Service, and how the industry can work together to expand the consumption of mDLs in North America. It will also include a visual mapping of the mDL landscape, discuss the percentage of jurisdictions in the process of developing their mDL programs, and the challenges and opportunities we face as we tread in the delicate mDL ecosystem.
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Over a decade ago, the U.S. payments industry began the migration of credit and debit cards to EMV chip technology. While chip cards are now commonplace in the U.S., not all types of payments cards made that journey. In 2023, stakeholders across the ecosystem came together to improve security of EBT cards by implementing chip technology. This presentation provides perspectives on the process, changes and challenges of the SNAP migration and how it both is similar to and different from the credit/debit card migration. NOTE: Session format will be a panel or fireside chat.
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Bank branches continue to decline at an alarming rate. This trend not only reduces choices for the typical urban/suburban consumer, but can create difficulties and inconvenience for those in low income and less populated areas. The “Super-ATM” is beginning to emerge, with the potential to provide more complex financial transactions and banking services at retail locations. Learn more about these new developments and how they might impact the future of banking and payment services.
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Rebel Payments Mobility Insights (RPMI) is a consulting firm focused on public-private partnerhsips. Part of the work is to help government agencies with the implementation and management of subsidy programs centered around debit card-based solutions. These programs are designed to empower underbanked and unbanked citizens in economically disadvantaged communities, providing them access to sustainable mobility options including electric vehicles, public transit, and micro-mobility services.
In this presentation, RPMI will explore the advantages and challenges associated with subsidy distribution in the mobility sector. Drawing from their extensive experience and data-driven approach, RPMI will offer valuable insights into the usability of EV charging infrastructure and highlight the crucial role of Merchant Category Codes (MCCs) across various mobility modes, such as scooter, bike, and car-sharing services.
Leveraging transaction data collected from these programs, RPMI will present data-based insights and actionable recommendations aimed at enhancing cashless payment systems within the realm of sustainable mobility. This presentation promises to deliver valuable knowledge for the payment industry seeking to optimize solutions for subsidy programs and promote equitable access to eco-friendly transportation options.
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Ready to uncover the secrets behind thwarting fraudsters and safeguarding your business? Join us for an interactive panel discussion featuring a powerhouse panel of fraud-fighting experts who’ve battled the trickiest of fraudsters and emerged victorious. Session Takeaways:
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