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The EMVCo is a federation that manages and supports the Integrated Circuit Card Specification for EMV chip based payment cards and acceptance devices. It also controls whether the testing and approval processes meet the EMV specification. American Express, JCB, MasterCard and VISA are the current owners of EMVCo.
The European Telecommunications Standards Institute (ETSI) was founded in 1988 by CEPT (European Conference of Postal and Telecommunications Administrations). It is a standardisation organisation in the telecommunications industry in Europe and produces international standardised technologies for the information and communication field including fixed, mobile, radio, broadcast, internet, aeronautical and other areas. ETSI is recognised as an official European Standards Organisation by the European Union, enabling valuable access to European markets.