Bulletin on Elliptic-curve cryptography published
European Payments Stakeholders Group (EPSG)
A multi-stakeholder group focused on the definition of SEPA requirements for payment-based services
The association began addressing the topic of Elliptic-curve cryptography (ECC) in 2021.
At that stage, even though it was recognised as relevant to incorporate ECC into the Volume, the available documentation was not sufficient to define standardisation requirements.
It was necessary to wait until 2024 to be able to complete the relevant updates regarding card-based transactions. To avoid delays, as the next version of the Volume will not be published before next year, a bulletin on ECC?has been issued.
Now that the association has expanded its scope beyond cards becoming the European Payments Stakeholders Group (EPSG), it will work on addressing the impacts of ECC on instant payment with the objective to include any relevant requirement in the Volume.