Mobile Payments

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Blockchain’s future role and the people who drive it

There is a great amount of hype surrounding blockchain technology. A British company, Online plc, saw its shares rise 394 percent right after adding the word ‘Blockchain’ to its official name. While blockchain technology was [...]

Show me the (mobile) money: A comparison between AliPay and WeChat

While mobile payments are beginning to take root in the United States and Europe, they have become the norm in China. So prevalent is cashless-ness in the Middle Kingdom that there are even places such [...]

Machine learning and customer experience in the digital realm

With the advent of programs such as Siri, Google Assistant, and Microsoft Cortana, Artificial Intelligence (AI) and machine learning have come a long way. For example, the front page of Amazon or YouTube would look [...]

Understanding the next phase of digital wallet adoption

JPMorgan Chase recently commissioned a thought leadership study penned by Forrester that explores the next phase of digital wallet adoption. According to the study, digital wallet adoption by consumers and merchants is taking a “short [...]

Beat the Black Friday blues with faster payments and safer data

Retailers must respond to evolving behaviors and manage huge increases in footfall, but still deliver the exceptional in-store experience consumers demand. They must also contend with increasingly sophisticated fraudsters and react to rapidly evolving security threats.

How brick-and-mortar retailers can survive in the digital age

The feeling of walking into a physical shop. The anticipation one has of finding the item they want, inspecting it, then taking it to a register to purchase it. They have become memories of a [...]

Will wearables accelerate digital wallet adoption?

W.B. King of the Credit Union Journal recently reported that credit unions are eyeing wearables as another aspect of digital wallet adoption. According to CO-OP Financial Service CEO Todd Clark, wearable payments – whether made from [...]

Rambus teams with eftpos for Android Pay in Australia

eftpos, the Australian domestic debit network, is now using Rambus Token Service Provider (TSP) technology to securely digitize payment cards to support Android Pay. Put simply, tokenization replaces sensitive financial information with unique reference numbers [...]

PSD2: A revolution in European payment methods

A Revolution in European Payment Methods In 2007, the European Union adopted the Payments Services Directive (PSD). The PSD created a single market for payments within Europe and laid down the legal basis for the [...]

WeChat me outside, how about that?

While people in the West are still getting to grips with new ways to pay like Apple Pay and Samsung Pay, a Chinese social network is changing the way people in China handle financial transactions. [...]

Rambus collaborates with Samsung Canada and Interac to deliver Samsung Pay

Enabling Interac Debit on Samsung Pay in Canada Rambus has teamed with Samsung Canada and Interac Association/Acxsys Corporation to help enable Interac Debit on Samsung Pay in Canada. Developed in collaboration with Rambus, the Interac [...]

Money20/20 Trends: AI, ‘everyday commerce’ and security

The bright lights of Las Vegas have gone out on Money20/20 for another year. As always, the event brought together the biggest names in payments and provided unprecedented insight into the future of financial services.

Invisible payments are driving a frictionless and interactive shopping experience

Invisible payment technologies A new study published by Juniper Research says Amazon Go and other “invisible payment” technologies will process over $78 billion in transactions by 2022 – up from an expected $9.8 billion in [...]

Blockchain: From eSports to CDC crisis response

Blockchain and eSports Darren Heitner of Forbes reports that Eloplay – which helps players organize and participate in eSports tournaments – is piloting a new form of currency for its users. As Heitner notes, Eloplay’s [...]

Let’s talk about mobile payments @ Money20/20

Written by Andre Stoorvogel, Director, Product Marketing at Rambus Rambus is @ booth 833 Billed as one of the world’s largest payment and financial services event, Money20/20 kicks off in Las Vegas on October 22, [...]

Strategies for securing retail payment data

The value of mobile wallets may be seen to provide a seamless and enhanced buying experience to consumers. But digital retail wallets are also a highly-effective means of improving payments security and mitigating risk.

Smarter, easier, better: Key takeaways from Shoptalk Europe

Speaking at Shoptalk Europe, eBay declared that artificial intelligence (AI) is ‘transforming every aspect’ of retail. Certainly, AI has the potential to enable a truly personalized shopping experience.

Rambus and eftpos team up in Australia to support Apple Pay

Rambus and eftpos support Apple Pay transactions in Australia Rambus has teamed up with domestic debit network eftpos to help provide secure transactions for Apple Pay users in Australia. Through integration with Rambus’ Token Service [...]

Do contactless payment users prefer fingerprint sensors and voice recognition?

A new survey conducted by Juniper Research has concluded that 40% of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology. Instead, contactless payment users said they [...]

UN highlights Blockchain in new report

A new United Nations (UN) report highlights the important role digital payment systems are playing in developing and evolving the global economy. According to the UN, digital payment systems refer to the use of debit [...]

Starbucks reloads Apple Watch app

Coffee and tea aficionados can now reload their Starbucks Card using Apple Pay – right on the Apple Watch. According to Rachel Green of Business Insider, the upgrade eliminates a step for Apple Watch's Starbucks [...]

The rise of scan and go technology and how it works

The way that consumers shop in-store is fundamentally changing. The rise of ‘Scan and Go’ technology, coupled with other industry developments, is helping retailers to overhaul the buying experience that they offer their customers. So, what do retailers need to know about Scan and Go, and what are its benefits?

The driving force behind mobile wallet adoption

We believe that the driving force behind mobile adoption is consumer experience. The Rambus Unified Payment Platform enables merchants to integrate multiple forms of interactions with consumers to create a robust and powerful user experience. [...]

The role of the mobile wallet driving the buying experience

The personalization of mobile wallets According to Rambus CMO Jerome Nadel, mobile wallets of the future will be personalized and contextually integrated to intelligently interact with retailers. One such example, says Nadel, is the concept [...]

Key ingredients for a successful mobile wallet

Rambus recently interviewed a number of prominent industry experts at the Mobey Forum about the key ingredients for a successful mobile wallet. According to Kristian Luoma of the OP Financial Group, a mobile wallet should be [...]

U.S. proximity mobile payment transactions to total $49.29 billion in 2017

eMarketer analysts are projecting that the value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017, up 78.1% from last year. Although the growth rate is expected to remain in double digits, it [...]

What EMV Tokenization 2.0 means for the payments industry

David Worthington, VP of Business Development at Rambus Technical body EMVCo launched version two of its EMV® Payment Tokenization Specification - Technical Framework in September. The market has evolved rapidly since v1.0 was launched in [...]

EMV Payment Tokenization Specification gets an update

EMV Payment Tokenization Specification - Technical Framework EMVCo has published version two of its EMV Payment Tokenization Specification. The technical framework document – which can be downloaded here – addresses the adoption of payment token [...]

Rambus showcases IoT security, mobile payments and smart ticketing @ MWCA 2017

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We will be showcasing our IoT security, mobile payment and smart ticketing solutions at Mobile World Congress Americas (MWCA 2017) in San Francisco on September 12-14, 2017. Come visit us at stand N.319 in Moscone’s [...]

Hailing a Frappuccino has never been so easy

A good number of consumers — perhaps out security fears and perceived technological inconvenience (or sometimes both) – are always reluctant to try anything new. As it so often happens, transformative technology encourages us to [...]

In-store contactless mobile spend up 336% in the UK

WorldPay has confirmed that mobile contactless transactions topped £370 million in the UK during the first six months of 2017, marking an impressive 336% year on year rise in spending. According to WorldPay, the use [...]

Encouraging PSD2 compliance beyond the EU

PSD2 & improved consumer protection Seth Ruden, a senior fraud consultant at ACI Worldwide, has written an article for PaymentsSource that explores the benefits of U.S. issuers embracing the EU’s PSD2 (Payments Services Directive). As [...]

Accelerating mobile payment adoption with value-added services

André Stoorvogel, a product marketing director at Rambus, has written an article for Finextra about accelerating mobile payment adoption with value-added services. Value-added services “As the high-profile success of mobile applications such as Starbucks attests, [...]

Minding the mobile self-checkout loss prevention gap

Earlier this month, Forrester principal analyst Brendan Miller observed that the success of mobile self-checkout is contingent upon bridging the loss prevention gap. As Miller notes, consumer demands and expectations have created a new alternative [...]

Transforming Europe’s digital economy with PSD2 and GDPR

PSD2 and GDPR Marta Ienco, the Head of Governments and Regulatory Affairs for the Identity program of the GSMA, recently penned an article for ItPortalPro about PSD2 and GDPR (General Data Protection Regulation). As Ienco [...]

Blockchain deployments shift into high gear

A new study published by Juniper Research confirms that nearly 6 in 10 (57%) large corporations are either actively considering, or are in the process of, deploying blockchain technology. Moreover, amongst companies that have reached [...]

Customer loyalty accelerates mobile wallet adoption

Earlier this year, BusinessInsider’s Ayoub Aouad observed that retailers like Starbucks (mobile payments now account for 30% of the coffee chain’s transactions) and Dunkin' Donuts were “winning over” consumers with their mobile wallets. Moreover, says [...]

The open APIs of PSD2 and beyond

Unlocking the true value of APIs Herber de Ruijter, EVP Head of Digital for Transaction Banking at iGTB, recently penned an article for FX-MM about unlocking the hidden value of client data in open APIs. [...]

Millennials want to scan and go

A new survey conducted by Acosta (cited by eMarketer) finds that more than 8 in 10 millennials are interested in scanning products in-store and then paying via a mobile app. Nevertheless, very few retailers plan [...]

What’s inside your mobile wallet?

Rambus Payments CTO Chakib Bouda recently sat down with to discuss the future of mobile wallets. According to Bouda, brick-and-mortar retailers are now seriously rethinking their approach to remaining competitive in the digital age [...]

Report: Global tokenization market to hit $2.25 billion by 2022

A new report published by Research and Markets predicts the global tokenization market will hit $2.25 billion by 2020 with a Compound Annual Growth Rate (CAGR) of 22.4%. “The constant pressure of managing sensitive data [...]

Let’s talk about PSD2 and mobile payments

The Payments Services Directive (PSD) was adopted in 2007, creating a single market for payments in the European Union and providing the legal foundation for a Single Euro Payments Area (SEPA). In 2015, the European [...]

How to achieve a perfect buying experience – views from around the industry

Earlier this year, Rambus welcomed leading payments experts from around the world to our Rotterdam offices for the Mobey Forum member meeting. During the networking sessions, we spoke to a range of industry experts to [...]

What does the perfect buying experience look like?

Rambus recently interviewed a number of prominent industry experts at the Mobey Forum about the perfect buying experience. As Rambus CMO Jerome Nadel points out, the digitization of credit cards on mobile devices has enabled [...]

Digital retail wallet: 5 Reasons it makes sense

The retail landscape is evolving rapidly as emerging technologies and trends are changing expectations of the in-store experience. As retailers look to find their place in this brave new world, many are now seeing payments [...]

Are in-flight mobile payments ready for takeoff?

Kristian Gjerding of MobilePaymentsToday recently penned an article about the future of in-flight mobile payments. More specifically, Gjerding cites a new CellPoint Mobile-commissioned survey that found “raised-on-mobile travelers” increasingly expect in-flight mobile payment capabilities to [...]

Survey: Mobile wallet payments are poised for growth

A new survey conducted by First Annapolis confirms that mobile wallets have proliferated over the past year, with issuers introducing proprietary solutions to compete with Apple, Samsung and Android Pay. Interestingly, two thirds of respondents [...]

Creating a compelling shopping experience with mobile payments

Simon Hill of Digital Trends recently observed that while the concept of ditching physical wallets and having all digital cards on our phones is undeniably attractive, it simply isn’t enough. “Even when mobile payment systems [...]

Wanted: Seamless mobile payments

Trip Chowdhry, managing director with Global Equities Research, tells George Avalos of The Mercury News that the digital wallet business has gotten off to a rough start. “There have been many false starts in this industry,” says [...]

Rambus is one of Visa’s new token service providers

Rambus has been chosen as a partner to participate in Visa’s token service provider program (TSP). According to Visa, broader access to new standards such as tokenization are set to be in growing demand as [...]