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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

This shift is especially visible in the adoption of network tokenisationa model introduced by major card networks like Visa and Mastercard, where card details are replaced with dynamic, network-managed tokens. The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated.

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

For example, Bank of America (US) announced its clients reached 26 billion digital interactions in 2024 (a 12% year-over-year increase), including 676 million interactions with its AI virtual assistant “Erica.” In the UK, NatWest’s AI assistant, “Cora,” handled 11.2 At the same time, a J.D. Almost every bank is at least planning for GenAI.

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

Even if a breach occurs, attackers get meaningless tokens rather than actionable payment credentials. From Niche to Necessity While tokenisation is already well established in card payment systems, its adoption for bank account data is only just beginning. There’s no regulatory requirement — yet — but that’s starting to shift.

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Here’s Everything That Happened Singapore Fintech Festival 2024 in 10 Key Highlights

Fintech News

Like previous editions, SFF 2024 saw several corporations, startups and public agencies announce their latest initiatives, leveraging the visibility, audience and media coverage of this large-scale gathering to gain maximum exposure and garner interest from key stakeholders. However, challenges remain, particularly regarding interoperability.

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This Week in Fintech: TFT Bi-Weekly News Roundup 26/06

The Fintech Times

Lowe, who had been serving as fractional CFO since October 2024, joins full-time from Fitzgerald Power to support Yaspa’s next stage of growth. The London-based fintech is planning expansion into new markets and sectors, building on its instant payments and identity platform for igaming.

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Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools

PYMNTS

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

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Mastercard Goes OTP-Free in APAC for Faster, Safer Online Transactions

Fintech Finance

Crucially, by using Mastercard Click to Pay, online shoppers no longer need to have an account or a saved card-on-file with a merchant in order to use biometric authentication with payment passkeys, making quick, easy, secure guest checkout a reality.