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.

Meet The Android-Friendly Apple Pay Option
Meet The Android-Friendly Apple Pay Option
March 04, 2015  |  News

Android users who aren’t tempted enough to upgrade to the latest Samsung phone but still wish to swiftly pay through apps like Apple Pay can now...

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Visa Adds Global M-Payments Partners
Visa Adds Global M-Payments Partners
February 27, 2015  |  International

Visa has lined up a string of banks to roll out its new set of mobile payment services for Android phones next week at Mobile...

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Visa Pushes Tokens For Apple Pay — And Beyond
Visa Pushes Tokens For Apple Pay — And Beyond
January 30, 2015  |  Apple Pay

Visa is already looking beyond Apple Pay. The world’s largest payment-card brand announced on Thursday (Jan. 29) that it beat analysts’ expectations, isn’t planning layoffs...

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Fed: Faster Payments Depend On Security, Standards And Bank Buy-In
Fed: Faster Payments Depend On Security, Standards And Bank Buy-In
December 31, 2014  |  B2B Payments

The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion...

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Korean Retailers Fear Dependency On Tokens
Korean Retailers Fear Dependency On Tokens
December 09, 2014  |  International

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried,...

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