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Mobile payments currently offer a number of benefits for consumers, retailers and financial institutions. However, next-gen mobile payments will shape the contours of a new retail paradigm that can help redefine the traditional brick-and-mortar experience. Indeed, shopping will one day become a truly interactive experience, with Bluetooth and Wi-Fi beacons scanning digital profiles, stored in […]
Mobile payments currently offer a number of benefits for consumers, retailers and financial institutions. However, next-gen mobile payments will shape the contours of a new retail paradigm that can help redefine the traditional brick-and-mortar experience. Indeed, shopping will one day become a truly interactive experience, with Bluetooth and Wi-Fi beacons scanning digital profiles, stored in […]
Mobile payments offer a plethora of benefits for consumers, retailers and financial institutions. For consumers, mobile wallets provide a convenient, “tap and go” frictionless commerce experience that seamlessly integrates loyalty cards, boarding passes, ID cards, coupons, event tickets, alerts and notifications. For retailers, mobile wallets can offer businesses the ability to engage users with an […]
Michelle Evans of MobilePaymentsToday recently wrote an article about the top trends shaping mobile payments in 2016. Citing a Euromonitor International survey, Evans reports that mobile-driven commerce will reach an estimated $972.25 billion across 46 markets in 2016, with mobile payments expected to hit $3 trillion by 2021. More specifically, mobile’s ratio of digital commerce in […]
The history of payments is best described as a search for simplicity, security and convenience. Coins, banknotes, cheques, payment cards have all been introduced with the aim of making paying for goods and services easier. Over the past few years, mobile payments technology has launched an assault on these traditional methods by offering consumers a […]
A new report published by Research & Markets states that the global NFC transaction market will grow at a CAGR of 55.23% during 2016-2020. The report also names host card emulation (HCE) as one of the “latest trends” leading to market growth. Put simply, mobile payment credentials have traditionally been stored in a smartphone hardware […]
Asaf Ashkenazi, a senior director at Rambus’ security division, recently gave a keynote presentation about the future of mobile security at the Linley Group’s Mobile and Wearables Conference. According to Ashkenzai, the demand for trusted applications on mobile devices has increased significantly in recent years. “As the amount of valuable data stored and communicated across […]
Asaf Ashkenazi, a senior director at Rambus’ security division, recently gave a keynote presentation about the future of mobile security at the Linley Group’s Mobile and Wearables Conference. According to Ashkenzai, the demand for trusted applications on mobile devices has increased significantly in recent years. “As the amount of valuable data stored and communicated across […]
Security researchers at Binghamton University and the Stevens Institute of Technology have successfully combined smartwatch sensor data with an algorithm to crack ATM PINs. As Megan Scudellari of IEE Spectrum reports, Chen Wang of Binghamton University and Yingying Chen at the Stevens Institute of Technology conducted 5,000 key-entry tests on three different keypads: a detachable […]
Security researchers at Binghamton University and the Stevens Institute of Technology have successfully combined smartwatch sensor data with an algorithm to crack ATM PINs. As Megan Scudellari of IEE Spectrum reports, Chen Wang of Binghamton University and Yingying Chen at the Stevens Institute of Technology conducted 5,000 key-entry tests on three different keypads: a detachable […]