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.
MasterCard has formed new partnerships with Synchrony Financial and Citi Retail Services to take its tokenization efforts to the next level. That also includes a big step forward...
