Marianne Crowe news and trends

Fed Sets Up Tokenization Workgroup

September 26, 2014
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Fed Sets Up Tokenization Workgroup

September 26, 2014
The Federal Reserve Bank of Boston has created a working group to study the implications of using digital account tokens to replace card numbers, for both in-store and E-Commerce use. “In the U.S., bodies such as EMVCo, The Clearing House, and card networks, are focusing their efforts exclusively on payments, while others-such as the Payment […]