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.

Taurus and Deutsche Bank Partner on Digital Asset Services
Taurus and Deutsche Bank Partner on Digital Asset Services
September 14, 2023  |  Partnerships

Taurus, a provider of digital asset infrastructure, and Deutsche Bank have entered into a global partnership. The collaboration aims to support Deutsche Bank’s digital asset...

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Adyen Marks Tokenization Milestone With 2 Billion Active Tokens
Adyen Marks Tokenization Milestone With 2 Billion Active Tokens
September 12, 2023  |  Payment Methods

Dutch payments firm Adyen has issued more than 2 billion network tokens. The milestone demonstrates the potential of the technology in providing secure transactions, the...

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Tokenization Must Prove Useful in Order to Scale
Tokenization Must Prove Useful in Order to Scale
September 06, 2023  |  Blockchain

Can tokenizing real-world assets power the future of connected experiences and streamline global payments? Proponents of Web3 technologies say it can, while other tech-centric observers...

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Shoppable Content Is Complicated; Its Future Shouldn’t Be
Shoppable Content Is Complicated; Its Future Shouldn’t Be
August 25, 2023  |  eCommerce

One of the more compelling stories to come out of the pandemic was the idea of shoppable content. The hyper-convenient purchase moment and context of...

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GUUD and Intraco Collaborate to Ease Access to Trade Finance
GUUD and Intraco Collaborate to Ease Access to Trade Finance
August 24, 2023  |  Commercial Payments

GUUD and Intraco have formed a strategic partnership to launch a trade token, TradeTok, on the multiasset, private markets investment platform of Singapore’s digital asset...

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Fiserv Teams With Akoya on Data Sharing
Fiserv Teams With Akoya on Data Sharing
August 24, 2023  |  Data

Consumer-permissioned data — as a concept — is nothing new in financial services. Look back across the past few decades, Jamie DelMedico, vice president and...

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Report: DOJ Investigates Visa Merchant Practices
Report: DOJ Investigates Visa Merchant Practices
August 16, 2023  |  Regulation

Visa is reportedly the target of a Department of Justice (DOJ) probe into its tokenization practices. The DOJ’s interest in Visa is part of a long-running investigation, Bloomberg reported...

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Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
August 09, 2023  |  CBDC

Central bank digital currencies (CBDC) are on pretty much every central bank’s road map. A full 93% of central banks across the globe are in at...

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MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
July 24, 2023  |  Payment Methods

According to Alex Saiz Verdaguer, founder and CEO of MONEI, Click to Pay is set to find wider berth in Europe. Discover® Global Network recently...

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