Discover today announced its support of EMVCos v09 release of the EMV Secure Remote Commerce SRC draft specification and emphasized the importance of EMVCos additional step to provide an opportunity to all industry stakeholders to comment on the standards before the first complete version is issued in 2019 As a member of EMVCo Discover continues to contribute on the EMV SRC initiative We see this additional step taken by EMVCo as a critical component of our standards development process said Ricardo Leite vice president of global products and partnerships for Discover Global Network There are still open questions about the EMV SRC framework and specifications and we encourage stakeholders to provide feedback The EMV SRC Specification is being developed to provide a consistent and streamlined checkout experience across all digital channels The solution is designed to enhance security reduce complexity and ultimately optimize the customer experience News Hub Live- HIDE PLAYER Your browser does not support HTML5 video 0 00 0 00 Skip Ad in 15 Your browser does not support the audio tag Click For Sound Discover continues to execute against our digital checkout capabilities roadmap and receiving broader industry feedback will help us to determine when and if EMV SRC will be part of our solution set for our Discover Card customers and Discover Global Network partners Leite said EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV Specifications and related testing processes Supported by dozens of banks merchants processors vendors and other industry stakeholders EMVCo provides all payment stakeholders with a platform to engage in its strategic and technical direction Visit wwwemvcocom for further information About Discover Discover Financial Services DFS 145 is a direct banking and payment services company with one of the most recognized brands in US financial services Since its inception in 1986 the company has become one of the largest card issuers in the United States The company issues the Discover card Americas cash rewards pioneer and offers private student loans personal loans home equity loans checking and savings accounts and certificates of deposit through its direct banking business It operates the Discover Global Network comprised of Discover Network with millions of merchant and cash access locations PULSE one of the nations leading ATM debit networks and Diners Club International a global payments network with acceptance in 190 countries and territories For more information visit wwwdiscovercom company EMV is a registered trademark in the US and other countries and an unregistered trademark elsewhere The EMV trademark is owned by EMVCo LLC SOURCE Discover Financial Services Copyright Business Wire 2018