Rambus offers mobile payments software to load and manage payment cards on NFC smartphones. This includes host card emulation, tokenization and OEM Pay support.Visit company showcase »
With robotics and artificial intelligence (AI) technology advancing, many industries are now addressing the opportunities and challenges presented by increased automation. Retail is no different. In particular, the emergence of checkout-free retail has excited consumers tired of waiting in line.
Real-time payments (RTP) have been proliferating globally since 1973, increasingly driven by the need for payments clearing to keep pace with today’s on-demand digital world.
In today’s digital, on-demand world, we have instant access to information, products and services. Digitization and digitalization has driven this change, and we are now accustomed to almost instant payments via cards, web services and apps
Rambus Inc. has announced the launch of its Payment Account Tokenization product to secure account-based transactions, such as automated clearing house and real-time payments, according to a press release. Rambus said the product will enable central banks and clearing houses...
Julian Wallis, the retail director at Rambus, believes better value-added services can help retailers reverse declining revenue growth.
Long-term structural trends mean that retailers must address decreasing revenues and escalating costs, while evolving the in-store experience to meet the demands of the connected consumer. For this reason, transformative technologies such as mobile scan-and-go solutions are coming to the fore, with deployments across the world gaining momentum.
Julian Wallis, retail director at Rambus, believes that retailers that invest in the right in-store digital initiatives will be able to separate themselves from the competition going forward.
The idea of having a computer one could wear is not new. Nevertheless, as common place devices like phones take on more sophisticated tasks, some developers have moved on to other spaces to roll their smart technology, namely the user’s wrist, in the case of smartwatches and fitness bands.
As the technology behind payments becomes more advanced and readily available, so too are the possibilities for fraud. The Federal Trade Commission’s online database of consumer complaints reports 13 million complaints from 2012-2016, 42% of which were fraud related, and 13%, identity theft complaints.
NFC, QR codes and various in-app payment methods have helped change the way consumers pay via a smartphone.
While this period brings great opportunity for retailers, it also creates considerable challenges. Retailers must respond to evolving behaviors and manage huge increases in footfall, but still deliver the exceptional in-store experience consumers demand.
Australia's domestic debit payments network, eftpos, has announced that some 2 million cardholders from ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release. ANZ and eight Cuscal-sponsored credit unions...
Rambus, a company that provides digital security, semiconductor and IP products and services, is teaming with Samsung Canada and Interac Association/Acxsys Corp., the organizations behind Canada's leading payment brand, to help enable Interac Debit on Samsung Pay in Canada. The...
The bright lights of Las Vegas have gone out on Money20/20 for another year. As always, the event brought together the biggest names in payments and provided unprecedented insight into the future of financial services.
The rise of 'Scan and Go' technology, coupled with other industry developments, is helping retailers to overhaul the buying experience that they offer their customers. So, what do retailers need to know about Scan and Go, and what are its benefits?
Apple Pay is the mobile payment and digital wallet service from Apple that lets users make payments using an iPhone, Apple Watch, iPad or Mac. It was first launched in the US in October 2014, and has since rolled out in more than 20 countries worldwide.
Apple’s corporate history demonstrates a proven ability to shape consumer demand and drive mass adoption. The launch of Apple Pay in 2014, therefore, brought mobile contactless payments firmly into the mainstream.
The retail landscape is evolving rapidly as emerging technologies and trends are changing expectations of the in-store experience. As retailers look to find their place in this brave new world, many are now seeing payments as an opportunity.
As online and mobile commerce channels continue to expand, and with emerging technologies and trends changing expectations of the in-store experience, brick-and-mortar retailers are being forced to re-evaluate their position, offering and approach.
Amazon has been a source of stiff competition for online retailers around the world of many years. And, with the launch of its Amazon Go concept store in Seattle last year, the online giant brought itself out of the cloud and into direct competition with brick and mortar stores.