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BOISE, Idaho, Jan. 23, 2018 (GLOBE NEWSWIRE) — Micron Technology, Inc. (NASDAQ:MU), a leading memory and storage provider, today announced with Rambus Inc., Northwest Logic and Avery Design, their efforts to deliver a comprehensive solution for GDDR6, the world’s fastest discrete memory. This first-of-its-kind solution would enable GDDR6 use in advanced applications such as high-performance […]
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 2016. Specific values are as follows: Domestic P2P: 65% Cash-in: 13% Cash-out: 11% Bulk disbursement (G2P): 8% Domestic airtime top-up: […]
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 of QR codes to deliver coupons and discount offers will increase substantially, as Apple leads the way with in-built QR […]
Written by Stephen McSpadden for Rambus Press The non-proprietary CIPURSE security specification was first established by the Open Standard for Public Transportation (OSPT) Alliance in late 2010. Targeted primarily, but not exclusively, at the public transport sector, CIPURSE addresses the current and future automated fare collection system requirements of local, regional and national transit authorities. […]
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 2017-2018. IDC Financial Insights estimates that the percentage of transactions at Point of Sale (PoS) will exceed transactions at ATM […]
‘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 focused on seamlessly connecting the mobile device to the existing payments infrastructure. NFC leading the way After an uncertain start, […]
The adoption of digital wallets, according to a Goldman Sachs analyst, has been “underwhelming to date by nearly every objective standard.” While Apple Pay is the dominant digital wallet leader in the US, accounting for 90% of all contactless mobile payments, it is still struggling to gain real traction in the United States. According to […]
Mobile payments in China is a booming business. In 2016, mobile payments in China totaled $5.5 trillion, 50 times America’s $112 billion. There are situations in China’s cities where being unable to pay with one’s phone is hindersome, with New York Times’ Paul Mozur holding up lines and unable to bike around the city simply […]
In an environment where most services are dominated by the internet, from video streaming to online retail, brick-and-mortar stores are finding ways to stay relevant in a world that is increasingly web-borne. Offline retailers have resorted to finding online schemes to help them stay connected with their customer base. As mentioned previously, brick-and-mortar stores can […]
Fundamental shifts in consumer behavior, the emergence of new technologies and an evolving regulatory landscape means the payments ecosystem is poised for unprecedented transformation in 2018. The demand for safer data, faster payments and better experiences presents great opportunity, but also significant challenges. Safer data for emerging payments The way we pay is changing. […]
