“Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance. Following a detailed review with EMVCo Associates in February and March, a draft specification is now available on the EMVCo website for public review. EMVCo aims to release the final specification later in 2022 once its publication is approved by the EMVCo Board of Advisors.”