Retailers, payments companies join forces on new security-focused trade group

SPP hopes to open up the process to competing card networks, merchants, consumers and financial institutions, so that all stakeholders can work together to increase the security and transparency of payments, and limit the effects of fraud, the release said. The partnership will also focus on meeting consumer expectations for security, convenience and flexibility in payment options, as new technologies emerge.

Source: Mobile Payments Today June 12, 2018