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OpenWay’s Way4 Platform Powers Southeast Asia’s First Visa Flex Credential at ACB

Fintech News

OpenWay , a global provider of digital payment software, has supported the launch of Visa Flex Credential at Asia Commercial Bank (ACB) in Vietnam. For ACB, the introduction of Visa Flex Credential is expected to encourage faster card activation and increased usage, while also providing deeper insights into customer behaviour.

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How tokenisation has reshaped the future of payments

The Payments Association

The evolution represents more than enhanced security protocols, it constitutes a complete reimaging of payment credential architecture. By eliminating repeated credential input and enabling genuinely secure one-click transactions, it simultaneously addresses both the safety concerns and speed demands of modern consumers.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

databases). How Encryption Works in Payments Encryption plays a crucial role in the secure transmission of sensitive data, such as payment card information and banking credentials. Database Protection : Securing databases that house customer information and transaction records.

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Spreedly integrates Just-In-Time Card Updates for Visa Cards

The Paypers

Integrating Just-In-Time Card Updates aims to provide merchants with up-to-date card credentials when they are required. Through this move, Spreedly seeks to mitigate the issues that arise from failed payments caused by outdated card details, especially for recurring billing or subscription models.

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Open Banking in Canada faces legislative delays

The Paypers

In the absence of a regulated system, data sharing between consumers and fintechs continues to rely heavily on ‘screen scraping,’ a method in which users provide login credentials to third parties. Critics point out that this process lacks granular controls over what data is accessed, raising privacy and security concerns.

CBDC 41
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Beginner's guide to ChatGPT

Nanonets

If you already have an account, simply log in with your credentials. If you're facing an actual problem or need help with security or databases, I can help guide you through safe, ethical solutions. Sign Up or Log In: If you’re a new user, click on the Sign Up button to create an account.

Laws 52
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Chipotle Hacked, Payment Credentials Compromised

PYMNTS

“We have no indication of any breach of Chipotle’s databases or systems.” Schalow further explained that, “through credential stuffing, [an attacker] can access [the customer’s] account once they have their user name and password, and place an order, but they cannot see their personal credit card data.”