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What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. As an additional layer of protection, these systems may encrypt the sensitive data so that it’s protected against unauthorized access.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information. This blog will explore the fundamentals of encryption and tokenization, their differences, use cases in the banking and payment industries, as well as their benefits and limitations. What Is Encryption?

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Wollette to launch WollettePay for one-tap Open Banking

The Paypers

A2A payments made through WollettePay are authenticated using biometric verification and supported by tokenization and encryption measures. The new system enables consumers to make payments directly from their bank accounts without needing to enter card details or go through redirects.

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching. Encrypt Sensitive Data Scrambling sensitive data into indecipherable code shields it from prying eyes, even if intercepted.

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PCI DSS Requirement 2 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

Collectively, these modifications highlight the PCI Security Standards Council’s dedication to staying abreast of emerging threats and technologies. For instance, web servers, database servers, and DNS should each be implemented on their own separate servers. PCI DSS v3.2.1 PCI DSS v4.0 Requirement and Testing Procedures Section 2.1:

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Mastercard, President & CTO Ed McLaughlin?—?Emerging Technologies in Payments

Wharton Fintech

Mastercard, President & CTO Ed McLaughlin — Emerging Technologies in Payments In today’s episode, Kailee Costello hosts Ed McLaughlin , the President & Chief Technology Officer of Mastercard. A lot of technology went into securing the payment systems to fight fraud. Next, we have what we call contextual commerce.

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The Evolution of Biometric Security Technologies 

Segpay

Biometric security has become a normal part of modern technology. As these technologies continue to evolve, they not only enhance security but also improve user experience. What Are Biometric Technologies and How Do They Work? Faster Authentication : Biometric technologies streamline authentication processes.