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Cryptocurrencies represent a new frontier for currency and payments. From 2008, when Satoshi Nakamoto published Bitcoin: A Peer-to-Peer Electronic Cash System, introducing the world to Bitcoin, to 2017, where it nearly reached $20,000 in value, cryptocurrencies have become a >$300B business. In spite of recent downturn in prices, there are no signs of them fading […]
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 part of the relationship, MobileCoin will enjoy “priority consideration.” In a whitepaper published in December, 2017, MobileCoin is described as […]
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 is for their customers. Citi’s second annual mobile banking study finds that of the 2,000 US adults surveyed, mobile banking […]
Earlier this year, the U.S. House of Representatives issued its annual Joint Economic Report, which included an entire section dedicated to blockchain and cryptocurrency. According to the report, the potential for digital currency theft “remains a problem,” although this isn’t due to the inherent structure of blockchain. “No evidence exists of anyone hacking blockchain’s underlying […]
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 […]
San Jose, Calif., May 8, 2018—NetSpeed Systems, Inc. and Northwest Logic today announced a partnership to deliver high throughput memory subsystem solutions for customers designing SoCs for hyperscale and automotive applications. The combination of NetSpeed’s interconnect IP and Northwest Logic’s HBM2 and GDDR6 memory controllers provides a platform that enables end-to-end QoS (Quality of Service), […]
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, […]