tokenization

Thales Explains How Tokenization will Improve Credit Card Security

Thales Explains How Tokenization will Improve Credit Card Security

Thales has shed some light on the future of cybersecurity with a new blog post that explains how the financial industry is leveraging tokenization technology to reduce the threat of data breaches and online credit card fraud. The company notes that while PINs and chips have lowered the amount of fraud that is carried out…

Merchants are Worried About Fraud in American Express Payments Survey

Merchants are Worried About Fraud in American Express Payments Survey

American Express has released is 2019 Digital Payments Survey, which found that payments fraud is still a pressing concern for American businesses. The vast majority (77 percent) of respondents indicated that they had experienced some form of fraud during the past year, with 69 percent reporting that fraud fallout placed a significant strain on company…

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Neil MacDonald is taking over as Sequent’s new Vice President of Sales and General Manager for Europe, the Middle East and Africa (EMEA). Sequent is a data security specialist with a platform that tokenizes Personally Identifiable Information (PII). The process makes that information useless to hackers and other cybercriminals, and can be used to protect everything from bank accounts to…

MasterCard Emphasizes Importance of Biometrics, Tokenization

MasterCard Emphasizes Importance of Biometrics, Tokenization

MasterCard has been speaking about its digital securitization efforts at this year’s Risk to Reward conference in London, according to a Business Reporter article by Joanne Frearson. To that end, the company says it’s developing fingerprint and facial biometric systems. “The future is moving towards biometrics,” said Ajay Bhalla, MasterCard’s president of enterprise security solutions.…