PYMNTS-MonitorEdge-May-2024

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.

Data Rails Anonymize Card Info Through Aliases And Data Teleportation
Data Rails Anonymize Card Info Through Aliases And Data Teleportation
June 03, 2021  |  Data

Data teleportation. It may sound like something out of “Doctor Who” or “The Fly” (hellllppp meee!) — a-“now-you-see-it, now-you-don’t” sleight of hand where information is...

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i2c President Says Blockchain Will Unlock Cryptocurrency
i2c President Says Blockchain Will Unlock Cryptocurrency
November 10, 2020  |  Cryptocurrency

Cryptos are having a moment. Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream...

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ACI: Real-Time Payments And P2P Will Accelerate Payments Digitization
ACI: Real-Time Payments And P2P Will Accelerate Payments Digitization
November 06, 2020  |  Digital Payments

COVID-19 has shifted consumers away from card-based payments experiences, while P2P has accelerated a change enabling merchants to own the payments experience itself, Debbie Guerra,...

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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance
Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance
October 02, 2020  |  Payments Innovation

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a...

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Marqeta Introduces Tokenization-as-a-Service For Card Issuers
Marqeta Introduces Tokenization-as-a-Service For Card Issuers
September 29, 2020  |  Digital Payments

Marqeta, the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company...

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How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note
How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note
September 09, 2020  |  Next-Gen Debit

The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals...

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PayPal’s Magats: Digital Shift Forces New Focus On Auth Rates —  And New Ways To Boost Them
PayPal’s Magats: Digital Shift Forces New Focus On Auth Rates — And New Ways To...
July 02, 2020  |  Digital Payments

If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product to buy, fills...

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Tokenization And Getting A 360-Degree View Into Consumer Spending
Tokenization And Getting A 360-Degree View Into Consumer Spending
July 01, 2020  |  Payments Innovation

Tokens are incredibly powerful tools to secure data and safely transport it from one point to another. Now is the time to take a broader...

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Today In Payments: Wirecard’s Former CEO Markus Braun Arrested; Airbnb CEO Sees Potential For 2020 IPO
Today In Payments: Wirecard’s Former CEO Markus Braun Arrested; Airbnb CEO Sees Potential For 2020...
June 23, 2020  |  News

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again...

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