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.

Deposit Tokens Gain Favor in Commercial Banking
Deposit Tokens Gain Favor in Commercial Banking
June 14, 2024  |  Blockchain

There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century...

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Ripple and Archax Partner on Tokenization of Real-World Assets
Ripple and Archax Partner on Tokenization of Real-World Assets
June 13, 2024  |  Partnerships

Ripple and Archax have extended their existing collaboration, aiming to bring hundreds of millions of dollars of tokenized real-world assets (RWAs) onto the XRP Ledger (XRPL) over the...

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Mastercard to Enable One-Click Online Payments in Europe by 2030
Mastercard to Enable One-Click Online Payments in Europe by 2030
June 11, 2024  |  Mastercard

Mastercard said Tuesday (June 11) that it aims to make the experience of using a card online more like that of using one in store....

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Tokens See Double Duty as Protection From Fraud and Transaction Failures
Tokens See Double Duty as Protection From Fraud and Transaction Failures
June 10, 2024  |  Security & Fraud

Network tokenization, a technology that replaces sensitive payment card data with unique digital identifiers, has been a hot topic of late. Long known as an...

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Security Features Drive Digital Wallet Usage
Security Features Drive Digital Wallet Usage
June 06, 2024  |  Mobile Wallets

Mobile payments — and by extension, mobile wallets — are proving to be a favorite means of paying for all aspects of daily life as...

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This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
June 05, 2024  |  Blockchain

Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative...

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Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
May 15, 2024  |  VISA

Throughout history, the number seven has held significant importance. There are seven days of the week, seven colors in a rainbow, the “lucky sevens” when...

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Solana Foundation Goes All In on Blockchain as a Mainstream Payments Rail
Solana Foundation Goes All In on Blockchain as a Mainstream Payments Rail
May 13, 2024  |  Cryptocurrency

The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal...

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US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024  |  Banking

The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions...

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