Payments

>Payments

How Can Brick-and-Mortar Retailers Make Payment Acceptance Work for Them?

Retailers are racing to deliver engaging and experiential buying experiences to differentiate themselves from the competition. It is possible for merchants to enhance the customer buying experience with mobile wallets, while benefiting from a reduced overall cost of payment acceptance.

5 Reasons why e-commerce sites need a token gateway

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.

AliPay’s Foray into Japan

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.

Faster and Safer Money with Secure Remote Commerce

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 [...]

What is card-on-file EMV payment tokenization?

The way we pay is changing. Consumers are now using their PC, smartphones, wearable devices and even cars to buy goods and services. The size and value of the card-not-present (CNP) market is increasing exponentially [...]

Rambus Token Gateway for E-Commerce Certified “Visa Ready”

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 [...]

What is a Trusted Service Manager?

Learn more on mobile payments and the vital role of a TSM in the near field communication (NFC) ecosystem.

What is White Box Cryptography

Learn what is white box cryptography and how it can be used to minimize security risks for open sevices and secure HCE-based mobile payments.

What is Host Card Emulation (HCE)?

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.

Mobile Payments: A Way of Life in the Middle Kingdom

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 [...]

The Rise of Mobile Payments in America

The irony is that while some of the most prolific mobile payment platform, such as Apple Pay and Google Pay are from the United States, Americans are not at the forefront of mobile payment adoption, [...]

Securing real-time payments with tokenization

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 [...]

Webinar: How Digital Transformation is Changing Retail Payments

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 [...]

Cool Story, Bro: Payments and Instagram Stories

Earlier in May, photo and video sharing app Instagram quietly launched an in-app shopping feature. With more than a million advertisers and 25 million businesses on Instagram, the Facebook-owned app is rolling out a new [...]

How can real-time payments be secured?

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 [...]

Mobile Scan-and-Go: From Cashier to Concierge

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 [...]

Music, Drinks, and Mobile Payments

The live music industry, currently valued at around 10.43 billion dollars in 2018, is expected to reach to 11.99 billion in 2021. Music festivals are often accompanied by concession stands selling food, and drinks. With [...]

Who Should be the Token Service Provider?

The TSP provides registered token requestors. They manage ongoing operation and maintenance of the token vault, deployment of security measures and controls, and the registration process of allowed token requestors.

Mobile Coin’s $30 million bid for mobile payments

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 [...]

Money in motion: Mobile banking’s importance in the digital age

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 [...]

Making Real-Time Payments Safer: Payment Account Tokenization

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 [...]

What is Secure Remote Commerce?

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 [...]

These points aren’t loyal: The Panera Bread data theft

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 [...]

Let’s talk about mobile payment regulations in China

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 [...]

The wait is over: Why real-time redemption makes loyalty better

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 [...]

What is a Secure Element?

A lot is happening in the ecosystem of secure elements (SEs). As more people own a sophisticated smartphone, consumers are looking for new applications.

Mobile scan-and-go shopping: The future of retail is now

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.

Buying in Korea with crypto

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South Korea has an interesting relationship with cryptocurrency, a relationship that could be best likened to a bowl of kimchi: hot and cold. The South Korean government has mulled over possible regulations to cryptocurrencies, and [...]

What is a Token Vault?

A token vault is a secure centralized server where issued tokens, and the PAN numbers they represent, are stored securely.

Ant Financial’s AliPay eyes Pakistan

AliPay has plans to come to Pakistan as part of Ant Financial’s drive to bring their services beyond China. An agreement between Ant Financial and Telenor Group will see the former put up $184.5 million [...]

WhatsApp Pay: Mobile payment’s passage to India

The previous few years have been an interesting time for money and payments in India. On November 8th, 2016, the Government of India demonetized 500 and 1,000 rupee notes in a bid to crack down [...]

UK: In-store mobile spend jumps 328% 

Mobile payments: A tipping point in the UK A new analysis from Worldpay confirms that mobile payments are fast approaching a “tipping point” in the UK. Indeed, in-store mobile payments topped £975 million in 2017, [...]

Wear and tear: The growth of the wearables market

The world is growing increasingly connected and mobile, and things are no different in the industry of wearables, where the global market is on an upward trend. According to recent data from the International Data [...]

Money in motion: Mobile payment adoption

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 [...]

EU says blockchain can be a “game changer”

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 [...]

Talking payments at Mobile World Congress 2018

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 [...]

Rambus is @ MWC 2018!

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MWC 2018 kicks off today in Barcelona! We’re at booth #7J31 (Hall 7) in the Fira Barcelona Gran Via, showcasing our CryptoManager IoT Security Service, Unified Payment Platform and a range of Smart Ticketing solutions. [...]

Latency and high compute costs challenge blockchain

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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 [...]

(Smart) watch this space: Wearables and mobile payments

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 [...]

Bolstering retail revenue with in-store mobile

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. [...]

Global blockchain spending to hit $9.2 billion in 2021

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 [...]

Tokenization: Beyond payments

In an age where users are becoming more reliant on sharing sensitive data, fraud is on the rise. The Federal Trade Commission’s online database of consumer complaints reports 13 million complaints from 2012-2016, 42 percent [...]

Pushing forward mobile payments in Taiwan

While mainland China has wholeheartedly embrace mobile payments, the story across the Strait is quite different. In Taiwan, Apple Pay, Samsung Pay, and Android Pay launched in Q1 2017. However, while mobile wallets exist in [...]

The second renaissance: AI’s role in the workforce

There is a common notion that the arrival of Artificial Intelligence (AI) would spell the end of many entry-level jobs. Companies such as McDonalds are replacing human servers with machines in response to a rise [...]

Social media apps drive mobile P2P transfers

A new study published by Juniper Research confirms that the global number of registered mobile domestic money transfer users is expected to reach 2.5 billion in 2018 – up from an estimated 1.7 billion in [...]

Rambus talks blockchain with Semiconductor Engineering

Earlier this month, Susan Breidenbach of Semiconductor Engineering wrote an article that explores the blockchain-cryptocurrency phenomenon. As Breidenbach observes, the blockchain buzz has reached “deafening levels” in recent months, although proponents of the technology say [...]

SnagRide’s solution to long distance ride sharing

The end of 2017 saw a sharp rise of interest in blockchain technology. The Long Island Tea Company, a company that, before shifting to cryptocurrency mining, primarily dealt in cocktails, saw its shares jump 432% [...]

Mobile QR code coupon redemptions to hit $5.3 billion by 2022

Juniper Research analysts are reporting that the number of Quick Response (QR) code coupons redeemed via mobile will reach 5.3 billion by 2022, up from an estimated 1.3 billion in 2017. More specifically, the use [...]

The rise of digital payments in India

Digital payment platforms, such as mobile wallets, payments banks, and electronic authentication, are on an upward surge in India. The volume of digital transactions in the country grew from 32% in 2013-2014 to 62% in [...]

NFC, QR Codes, In-app and beyond…

‘Mobile payments’ is a broad term. As the ecosystem has developed, various new technologies have emerged to change the way we act and transact in-store. Integrating new with the old Some mobile payment technologies are [...]