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.

Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
November 05, 2024  |  Payment Methods

Swift has completed a successful pilot for tokenized fund subscriptions and redemptions using its network. Get the Full Story Complete the form to unlock this...

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Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
November 05, 2024  |  eCommerce

Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Get the Full Story Complete the form to...

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Singapore Responds to ‘Strong Interest’ in Asset Tokenization
Singapore Responds to ‘Strong Interest’ in Asset Tokenization
November 04, 2024  |  Blockchain

Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. Get the Full Story Complete the form to unlock this article and...

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Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
October 31, 2024  |  Mastercard

Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts...

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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...

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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...

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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...

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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...

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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...

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