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.

Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard Launches Tokenized Card-Based Bill Pay Solution
October 28, 2024  |  Mastercard

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. Get the Full Story Complete the form to unlock...

READ MORE >
BIS: Tokenization May Create New Risks for Central Banks
BIS: Tokenization May Create New Risks for Central Banks
October 21, 2024  |  Blockchain

While there are potential benefits to the tokenization of money, there are also costs and risks that need to be considered, the Bank for International...

READ MORE >
PYMNTS’ Data-Driven Journey Through Payments Innovation
PYMNTS’ Data-Driven Journey Through Payments Innovation
October 19, 2024  |  Payments Innovation

Oct. 20, 2009. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

READ MORE >
Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
October 16, 2024  |  B2B Payments

The bench of B2B payment mechanisms is becoming deeper. From technologies like virtual cards and tokenization, real-time payments and beyond, businesses have a wide array...

READ MORE >
Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
October 10, 2024  |  Cybersecurity

Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. Get the Full Story Complete the form to unlock...

READ MORE >
From Transactions to Ecosystems: Reimagining the Future of B2B Payments
From Transactions to Ecosystems: Reimagining the Future of B2B Payments
October 08, 2024  |  B2B Payments

It wasn’t too many years ago that a monthlong event to discuss issues, trends and opportunities in B2B payments would have been hard to imagine....

READ MORE >
35% of Cardholders Abandon Merchant After a Card Decline
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024  |  Credit Cards

Striking the right balance between seamless payments and strong security is crucial for merchants. Get the Full Story Complete the form to unlock this article...

READ MORE >
Visa Debuts Tokenized Asset ‘Sandbox’ to Promote Blockchain Integration
Visa Debuts Tokenized Asset ‘Sandbox’ to Promote Blockchain Integration
October 03, 2024  |  VISA

Visa has released a product to help financial institutions issue fiat-backed tokens on blockchain networks. Get the Full Story Complete the form to unlock this...

READ MORE >
Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
October 03, 2024  |  Digital Payments

Swift wants to let banks test tokenized transactions on its global messaging network. Get the Full Story Complete the form to unlock this article and...

READ MORE >