David Worthington, VP, Payments at Rambus According to this year’s World Payments Report, compiled by Capgemini and BNP Paribas, the global volumes of non-cash transaction volumes grew by 10.1%, reaching 482.6 billion between 2015 and [...]
Bank Islam Brunei Darussalam Chooses Rambus for Its Mobile Strategy, Helping to Secure Customer Mobile Payments and TransactionsRambus Press
The Bank Islam Brunei Darussalam (BIBD) takes considerable pride in its core values of integrity, customer focus, unity of purpose and excellence. The bank says it conducts itself with absolute integrity and takes complete ownership [...]
With fraud, breaches and threats reaching pandemic proportions across the entire digital ecosystem, the blockchain is hyped as an instant fix to resolve security challenges for use-cases spanning financial services, retail, real estate, healthcare and [...]
Alipay has partnered with UEFA to bring its payments platform to events sanctioned by games featuring the organization’s men’s national football teams, most notably the Euro 2020 and Euro 2024 tournaments. The terms of the arrangement, to last eight years, were not made public as of November, 2018, according to CNBC.
The news just broke that Rambus is the first solution provider to offer an off-the-shelf retail token gateway solution with American Express embedded. The idea behind this collaboration is to help merchants enrich and secure [...]
Rambus and STACK Team Up to Envision the Future of Secure Virtual Assets for the Next Generation of Mobile BankingRambus Press
Taking on visionary roles, Rambus and Canadian challenger bank STACK are looking at a bright future for a new generation of mobile banking with secure virtual assets on blockchain. With a constant eye on the [...]
Today, Rambus announced the availability of Vaultify Trade, the first product that enables banks, exchanges, and investment portals to leverage tokens to secure the purchase, storage, exchange, and sale of cryptocurrencies. The platform enables the secure storage and transfer of crypto and digital assets using proven, bank-grade, field-deployed tokenization and encryption technology.
Julian Wallis, Retail Director at Rambus Payments have become the latest battleground for merchants. New technologies, regulations and consumer behaviors are converging to transform the payment acceptance space. Because of this, retailers are racing to [...]
Growing card-not-present fraud, and the need for merchants to deliver a seamless user experience, is driving demand for card-on-file EMV payment tokenization. As industry players look to simplify tokenization initiatives, token gateway solutions can deliver considerable competitive advantages.
The Land of the Rising Sun has not taken to mobile payments as readily as other countries, but Ant Financial, a company based in a country that has, hopes to bring its mobile payments know how to bolster Japan’s industries and tourist revenue, especially now with the 2020 Olympics not too far away.
Announced by Mastercard and Visa in November, 2017, Secure Remote Commerce (SRC) is a set of unified digital checkout specifications, representing an evolution of remote commerce that provides for secure and interoperable card acceptance. It [...]
Rambus announced on September 12th, 2018 that its Token Gateway for e-commerce solution is one of the first to be qualified under the “Visa Ready” for Tokenization program. This certified solution enables token requestors like [...]
Learn how card emulation allows a mobile device to mimic a payment card, enabling users to make card transactions using a mobile device. HCE enables the SE to be placed in a remote and hosted cloud environment, rather than inside the mobile device.
While mobile payments are starting to catch on in the United States, mobile payments in China are so prevalent, they have begun to shape everyday life in the country. Chinese users are able to hop [...]
For banks, direct debit (ACH) fraud represents a bigger financial risk than card fraud. In particular, growing momentum for real-time payment schemes across the world is creating huge opportunities for fraudsters and placing increasing pressure [...]
Merchants who fail to recognize and instill payments as a strategic enabler and differentiator in their digital transformation will fall behind their competitors. Join Rambus for the upcoming webinar titled, “How Digital Transformation is Changing [...]
In today’s on-demand world, we expect to be able to spend, move and receive money instantly. For this reason, real-time payments (RTP), also known as ‘faster payments’ or ‘instant payments’, are gaining momentum globally. Accenture estimates [...]
With robotics and artificial intelligence (AI) technology advancing, many industries are now addressing the opportunities and challenges presented by increased automation. Retail is no different. In particular, the emergence of checkout-free retail has excited consumers [...]
In late April, 2018, MobileCoin, a privacy-focused cryptocurrency announced that Binance Labs, the major blockchain incubator associated with the Binance exchange, led a $30 million round in Bitcoin and Ether for the new cryptocurrency. As [...]
The evolution of the smart phone has dramatically changed parts of every day life. In the case of consumer banking, executives from both small and large financial institutions are realizing how vital a mobile presence [...]
Rambus has just announced the launch of its Payment Account Tokenization solution to secure account-based transactions, such as automated clearing house (ACH) and real-time payments. The solution will enable central banks and clearing houses to replace [...]
Mastercard and Visa recently announced a standardized method for e-commerce checkout, based on a unified, streamlined checkout framework that was proposed by EMVCo in November, 2017. Dubbed Secure Remote Commerce (SRC), the unified digital checkout [...]
Attackers are finding new ways to steal data and sensitive information, such as credit card details and identity, from databases to, in Panera Bread’s case, loyalty reward programs. According to KrebsOnSecurity, Panera Bread had leaked [...]
In an effort to tackle fraud, the People’s Bank of China (PBOC), the national central bank of China, has plans to enact a cap on mobile spending. While solutions such as Apple Pay and Google [...]
These are challenging times for brick-and-mortar merchants. Across the world’s top 250 retailers, the average annual rate of revenue growth has declined by almost 50% in the past 10 years. As retailers work to reverse [...]
As brick-and-mortar retailers look to enhance the in-store experience to compete with the ecommerce giants, they must contend with the unprecedented challenges posed by decreasing revenues and escalating costs. But for those who invest smartly in the right digital initiatives, there are huge opportunities. For this reason, transformative technologies such as mobile scan-and-go solutions are gaining momentum across the world.
The rise of online retailers such as Amazon and mobile payment platforms including Apple, Samsung, and Google Pay (formerly Android Pay), underscores the importance of closing the gap between an online personalized shopping experience and [...]
Blockchain in the European Union (EU) The European Commission (EC) recently debuted an action plan that outlines how the EC could potentially harness the opportunities presented by evolving FinTech. More specifically, the Commission wants to [...]
In our increasingly connected world, Mobile World Congress has become more than the venue for the latest smartphone launches. The conversations and demonstrations in Barcelona now have a profound impact on various industries across the [...]
Latency, compute costs and storage Andy Vitus, a partner at Scale Venture Partners, has written a TechCrunch article that explores the future of blockchain and distributed apps. As Vitus observes, the industry still has a [...]
Smartwatches began as an extension of a user’s smartphone. For example, the Moto 360 can forward notifications, removing the need to take one’s phone out of their pocket or bag. Smartwatches can also measure heart-rate [...]
146% revenue growth A new survey from Stratix and IHL Group (cited by Retail Touchpoints) has concluded that successfully deploying mobile in-store commerce could potentially drive up to 146% revenue growth for retailers in 2018. [...]
blockchain: $2.1 billion by 2018 IDC analysts are forecasting that worldwide spending on blockchain solutions will hit $2.1 billion in 2018, more than double the $945 million spent in 2017. More specifically, blockchain spending will [...]