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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 sensitive account numbers with unique tokens, and reduce the impact of fraud for transactions including direct credit, direct debit and […]
Secures account-to-account transactions by removing sensitive information from the transaction process SUNNYVALE, Calif. – May 9, 2018 – Rambus Inc. (NASDAQ: RMBS) today 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 sensitive account […]
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 specifications are an evolution of remote commerce that provides for secure and interoperable card acceptance established through a standard technical […]
First quarter GAAP revenue of $46.4 million; revenue under ASC 605 would have been $100.5 million First quarter GAAP royalty revenue of $21.4 million, royalty revenue under ASC 605 would have been $77.2 million and licensing billings of $75.9 million Record revenue for Memory and Interface IP Cores Launched CryptoManager Root-of-trust programmable secure processing core […]
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 information from the MyPanera online loyalty program for at least eight months. The exploit exposed names, email and physical addresses, […]
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 Pay use NFC technology to process payments, Chinese solutions such as WeChat Pay and AliPay use QR Codes. One particular […]
A lot is happening in the ecosystem of secure elements (SEs). As more people own a sophisticated smartphone, consumers are looking for new applications.
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 has already enacted measures on January 30th, 2018 to tackle money laundering, restricting trading to real-name bank accounts, alongside banning […]
A token vault is a secure centralized server where issued tokens, and the PAN numbers they represent, are stored securely.
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 in exchange for a 45% stake in Telenor Microfinance Bank (TMB) in Pakistan. That stake also has the ability the […]