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.

Visa B2B Biz Nears The Trillion-Dollar Mark

Visa B2B Biz Nears The Trillion-Dollar Mark
Visa B2B Biz Nears The Trillion-Dollar Mark
October 25, 2018  |  Payment Methods

Double-digit growth marked Visa's key metrics in the latest quarter, from processed transactions to cross-border activity. Management pointed to performance and potential as the U.S. consumer...

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Visa Announces Continued Support For EMV Secure Remote Commerce Specification
Visa Announces Continued Support For EMV Secure Remote Commerce Specification
October 23, 2018  |  Payment Methods

Visa, the payments company, announced Tuesday (Oct. 23) that it continues to support the draft of the EMV Secure Remote Commerce (SRC) specifications. In a...

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Five At Five: Facebook Wants To Buy More Cybersecurity
Five At Five: Facebook Wants To Buy More Cybersecurity
October 22, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest way that Facebook could boost...

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Mastercard On Why It Supports EMV Secure Remote Commerce Specification
Mastercard On Why It Supports EMV Secure Remote Commerce Specification
October 22, 2018  |  Payment Methods

Mastercard, the digital payments company, made the case in a blog post Monday (Oct. 22) on why it supports EMVCo’s release of the EMV Secure...

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eBay, Amazon And eTail’s Royal Rumble
eBay, Amazon And eTail’s Royal Rumble
October 19, 2018  |  Exclusive Series

To steal a phrase from the movie Network, eBay is mad as hell, and is not going to take it anymore. The target of eBay’s ire...

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Mastercard Digital Commerce Suite To Make Every Card ‘Token Ready’
Mastercard Digital Commerce Suite To Make Every Card ‘Token Ready’
October 18, 2018  |  Payment Methods

Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite...

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Visa Adds 20 Partners To Fast Track ‘Credentials On File’ Tokenization
Visa Adds 20 Partners To Fast Track ‘Credentials On File’ Tokenization
October 17, 2018  |  Digital Payments

Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” This expansion involves adding 20 acquirer gateway and technology partners...

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Ondot On The Real-Time Data Future Of Financial Services
Ondot On The Real-Time Data Future Of Financial Services
October 01, 2018  |  Banking

People love mapping apps for three reasons: They completely, and correctly, plot the best route from Point A to Point B. They show changes to...

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