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Visa to Acquire Rambus Payments and Ticketing Businesses

We are pleased to share that Visa has signed a definitive agreement to acquire our Rambus Payments and Ticketing businesses. This is exciting news as Visa is one of the industry leaders in tokenization technology which replaces sensitive payment information with a unique identifier, or “token”, to make digital payments safer. Rambus payment token technology […]

Network tokenization versus PCI tokenization: five key differences

Andre Stoorvogel, Director, Product Marketing, Rambus Payments The concept of tokenization is not a new one in the payments industry. Solutions that replace sensitive data with a non-sensitive equivalent have been around for years in various forms. But as the digital payments ecosystem continues to expand, it is becoming increasingly apparent that ‘payment tokenization’ solutions, […]

Can network tokenization limit false declines?

Andre Stoorvogel, Director, Product Marketing, Rambus Payments With retailers expected to lose $130 billion to online fraud over the next five years, there is increasingly urgent demand for tighter solutions and greater protection for both consumers and digital commerce merchants. But in the scramble to combat fraudulent activity, the industry has created an arguably greater […]

What is network tokenization?

Andre Stoorvogel, Director, Product Marketing, Rambus Payments We are seeing an unprecedented shift in consumer spending habits. One in five global transactions are now ‘digital’, with online commerce growing at over six times the rate of in-store sales. But this rapid growth is introducing new challenges. Fraud is rising, yet merchants are under pressure to […]

Securing Crypto Assets on the Blockchain

By Andre Stoorvogel, Director of Product Marketing, Rambus Payments The rapid expansion of the cryptocurrency ecosystem demonstrates the power of the blockchain to revolutionize financial services and beyond. Yet at the same time, the inherent volatility provides a cautionary tale. With blockchain implementations gaining traction, it is clear that a new approach is required to […]

Mobile World Congress 2019: A payments perspective

Andre Stoorvogel, Director, Product Marketing, Rambus Payments For anyone attending Mobile World Congress last week, they have no doubt gone to bed dreaming of 5G networks and foldable smartphones. But dig a little deeper, and there was a lot more up for discussion (honestly). As always, the show offered insight into the big trends that […]

You must embrace, threats from cyberspace, to your card-on-file database

You must embrace, threats from cyberspace, to your card-on-file database By Andre Stoorvogel, Rambus It is hard not to become desensitized to the almost daily news of data breaches. Back in September, WIRED assessed 16 of the most high-profile hacks of 2018 and payment data was a common theme in many of them. Sure, identity […]

Real-Time Payments and The Growing Obsolescence of Cash

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 2016. In addition, McKinsey’s recent Global Payments 2018report highlighted an 11% growth generated by payments, which topped $1.9 trillion in […]

When Real-Time Payments Go Wrong

David Worthington, VP, Payments at Rambus Since the 1980s, momentum behind real-time payments (RTP) – also known as faster or instant payments – has grown at an accelerated pace, because of its benefit to both consumers and businesses. Estimates currently suggest approximately 35 countries, including Switzerland, Taiwan, India, China and the UK, have implemented or […]

Bank Islam Brunei Darussalam Chooses Rambus for Its Mobile Strategy, Helping to Secure Customer Mobile Payments and Transactions

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 and focuses on providing solutions for its customers.  Further, “We treat everyone with respect and sincerity to achieve the bank’s […]

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