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.

Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
April 03, 2024  |  Cross-border Payments

Tokenization is gaining momentum on the global stage, and with commercial applications. Get the Full Story Complete the form to unlock this article and enjoy...

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Visa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
Visa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
March 26, 2024  |  VISA

Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. Get the Full Story Complete the form to unlock this article...

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FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
March 13, 2024  |  Blockchain

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. Get the Full Story...

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Zeebu Marks $1 Billion in Web3 Settlement Transaction Volume
Zeebu Marks $1 Billion in Web3 Settlement Transaction Volume
March 11, 2024  |  Blockchain

Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. Get the Full Story Complete the form to unlock this article and...

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Hong Kong Kicks Off Wholesale CBDC Project
Hong Kong Kicks Off Wholesale CBDC Project
March 07, 2024  |  CBDC

Hong Kong’s central bank has launched a wholesale central bank digital currency (wCBDC) project. Get the Full Story Complete the form to unlock this article...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. Get the Full Story Complete the form to unlock this article...

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Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion
Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion
February 16, 2024  |  Connected Economy

Nearly five years after Click to Pay was introduced (initially as Secure Remote Commerce), Jennifer Marriner, EVP, Global Acceptance Solutions at Mastercard, told Karen Webster,...

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Tokenization Now Seen by Merchants as Performance Optimization Play
Tokenization Now Seen by Merchants as Performance Optimization Play
February 16, 2024  |  Security & Fraud

Jeff Hallenbeck, head of payments at Forter, said tokenization, from the merchant point of view, is moving from being thought of as an operational cost...

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Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
February 16, 2024  |  Subscriptions

Joe Meuse, vice president of product at Spreedly, told PYMNTS that subscription-based business models face challenges and opportunities in meeting customers’ demands in the digital...

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