Dec. 6, 2018

Rambus Inc., a Sunnyvale, Calif.-based payment technology firm, has announced an agreement with Bank Islam Brunei Darussalam to use its Rambus Token Service Provider as part of its mobile strategy, according to a company release.

The Rambus TSP is designed to help secure the BIBD Nexgen mobile banking app, which will allow customers to digitize their accounts and send secure payments, without revealing sensitive card data.

The platform replaces actual card numbers and other critical information with unique reference numbers, which reduces the chance of fraud.

"This collaboration reinforces our leadership in mobile payment and tokenization technologies," said Chakib Bouda, vice president and CTO at Rambus, in the release.

Topics: Mobile Banking, Mobile Payments, Region: EMEA

Companies: Rambus

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Dec. 5, 2018

AirPlus International and corporate travel platform Pana are developing a mobile payment platform for companies to manage and pay for non-employee business travel, according to a company press release.

Pana provides a booking tool and chat platform that allows non-employees to book hotels, flights and rental cars through an app. After every booking, an AirPlus virtual payment card is created and submitted to the travel supplier for payment, according to the release.

The tools allow all major travel expenses to be centrally billed, negating the need for non-employees to lay out expenses up front or need reimbursement. Pana also has a concierge tool that offers flight upgrades and dining options and provides mobile receipt uploads for meal expenses, according to the release.

About 51,000 corporate clients use AirPlus International.

Topics: Direct Carrier Billing, Mobile Apps

Companies: AirPlus International, Pana

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Dec. 5, 2018

Grab has made an agreement with SM Investments Corp., a Philippines-based retail and real estate banking conglomerate, to provide the GrabPay mobile wallet and its digital funds services to unbanked and underbanked consumers in that country, according to a company release.

Consumers can use GrabPay to make purchases and load their mobile wallets using SM's extensive financial network. SM has about 70 malls, with 2,200 retail merchants around the country, while its BDO, the largest bank in that country, has more than 1,200 branches and 4,200 ATMs nationwide in that market, according to the announcement.

GrabPay mobile wallet customers, who currently have access to ride sharing and delivery, will be able to use the technology to buy groceries, movie tickets and other items at the SM Store, SM Supermarket, SM Cinema and additional partners, according to the announcement.

Grab users will soon be able to load their mobile wallets using BDO bank accounts, ATM machines, SM Business Centers and the 2GO retail network.

SM outlets will provide dedicated Green Lanes that allow GrabPay users the ability to skip regular lines and quickly check out, according to the release.

Topics: ATMs, Mobile Banking, Mobile/Digital Wallet, Region: APAC, Retail

Companies: Grab

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Dec. 4, 2018

Shake Shack announced the launch of its redesigned mobile app, which will allow customers across the country to place faster mobile orders for their food and drinks, and support integrated Venmo and Apple Pay.

The Venmo and Apple Pay integration will be tested and rolled out in 2019, according to a press release. The company, which opened its first location in Madison Square Park in Manhattan, now has more than 200 locations in the U.S. and 70 around the world.

The launch follows a 10-city pilot program where customers used the enhanced mobile app to skip the line and pick up their orders. The newly redesigned app allows guests to complete the ordering process using fewer screens, and speeds the overall ordering process by up to 50 percent.

The app will also include special mobile only messaging, providing exclusive menu items, special offers and unique local offers, according to the company.

Shake Shack developed the redesigned app in collaboration with development agency Fuzz and mobile ordering platform Olo.

Topics: Contactless / NFC, Mobile Apps, Mobile Payments, Retail

Companies: Shake Shack

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