tokenization

Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no extrinsic or exploitable meaning or value. The token is a reference that maps back to the sensitive data through a tokenization system.

B2B Payments Enter a New Era of Innovation and Transformation
B2B Payments Enter a New Era of Innovation and Transformation
December 02, 2024  |  B2B Payments

Now that the B2B Payments: Outlook 2030 event has been recorded, published and analyzed, it’s time to review its content and revisit some of its high...

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The Price of Loyalty? Brands Bet Big on Blockchain to Woo Consumers
The Price of Loyalty? Brands Bet Big on Blockchain to Woo Consumers
November 27, 2024  |  Blockchain

The loyalty industry is changing due to the integration of blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy...

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Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
November 25, 2024  |  Mobile Wallets

The concept behind tokenization is straightforward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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The True Cost of Fraud Goes Well Beyond Dollars Lost
The True Cost of Fraud Goes Well Beyond Dollars Lost
November 25, 2024  |  Security & Fraud

The impact of fraud on a business can be swift and severe. Get the Full Story Complete the form to unlock this article and enjoy...

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Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

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Panel: Data-Driven Paradigms Future-Proof Security Lifecycle Management
Panel: Data-Driven Paradigms Future-Proof Security Lifecycle Management
November 22, 2024  |  Payments Innovation

As digital payments scale, the sophistication of scams matches their pace. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Digital Wallets Help Drive Widespread Adoption of Network Tokens
Digital Wallets Help Drive Widespread Adoption of Network Tokens
November 18, 2024  |  Blockchain

No matter the application, the guiding principle behind tokenization remains the same: replacing sensitive data with a digital representation (token) that protects that data. Get...

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Mastercard Expands Live Music Experience Offering
Mastercard Expands Live Music Experience Offering
November 14, 2024  |  Mastercard

Mastercard is giving cardholders a new way to enjoy live music beginning early next year. Get the Full Story Complete the form to unlock this...

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Mastercard to Shift to Tokenization and Biometric Authentication by 2030
Mastercard to Shift to Tokenization and Biometric Authentication by 2030
November 13, 2024  |  Mastercard

Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. Get the Full...

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