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eftpos, the Australian domestic debit network, is now using Rambus Token Service Provider (TSP) technology to securely digitize payment cards to support Android Pay. Put simply, tokenization replaces sensitive financial information with unique reference numbers to minimize the risk of fraud. To tokenize a payment transaction, the primary account number (PAN) is sent to a […]
Token Service Provider technology secures mobile payments for Australia’s largest debit card system SUNNYVALE, CA and MELBOURNE, Australia – Nov. 13, 2017 – Today Rambus Inc. (NASDAQ: RMBS) announced that eftpos, the Australian domestic debit network, is using the Rambus Token Service Provider (TSP) technology to securely digitize payment cards to support Android Pay. The […]
SUNNYVALE, Calif. — November 13, 2017 — Rambus Inc. (NASDAQ: RMBS) today announced its intention to offer, subject to market conditions and other factors, $150 million aggregate principal amount of its convertible senior notes due 2023 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as […]
In many big cities like London, New York, and Seoul, rapid transit is an essential part of everyday life. As many as five million passengers use the London Underground every day. In the United States, public transport ridership rose 34% from 1995-2012. Services such as the London Underground and the New York Subway are upgrading […]
A Revolution in European Payment Methods In 2007, the European Union adopted the Payments Services Directive (PSD). The PSD created a single market for payments within Europe and laid down the legal basis for the Single Euro Payments Area (SEPA), simplifying bank transfers of euros. Now, a decade later, the EU has pushed through a revised […]
Defining the IIoT Objects, sensors, actuators and controllers that were once designed for stand-alone operation are now increasingly connected by means of intelligent software and networks – forming the basis of the Industrial Internet of Things (IIoT). To be sure, GE defines the IIoT as “a network of a multitude of devices connected by communications […]
Objects, sensors, actuators and controllers that were once designed for stand-alone operation are now increasingly connected by means of intelligent software and networks – forming the basis of the Industrial Internet of Things (IIoT). To be sure, GE defines the IIoT as “a network of a multitude of devices connected by communications technologies that results […]
While people in the West are still getting to grips with new ways to pay like Apple Pay and Samsung Pay, a Chinese social network is changing the way people in China handle financial transactions. WeChat, a mobile messaging app developed by Tencent in 2011, has grown into something far bigger than its origins as […]
Written by Joe Gullo As we fast approach escar Europe in Berlin (November 7-8), our Rambus security team is reflecting on the continued and rapid evolution of the automotive space. For example, the trend towards autonomous vehicle adoption is rapidly growing, although mainstream acceptance and implementation will likely take longer to ramp. While progress on […]
IoT security concerns The 2010s has seen a proliferation of the Internet of Things (IoT) on a tremendous scale. According to Gartner, there are 8.4 billion smart devices in use in 2017, a number projected to increase to 20.4 billion by 2020. Automation and smart technology are not only finding their way into phones and […]