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.

Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
September 25, 2024  |  Blockchain

Cryptocurrency’s wild ride isn’t over yet. Regulators are closing in, and innovation is speeding up. It’s safe to say that the blockchain landscape remains a...

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September to Remember for Tokenized Deposits?
September to Remember for Tokenized Deposits?
September 24, 2024  |  Digital Payments

The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September...

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Mastercard Focuses Data Initiative on Business and Customer Intelligence
Mastercard Focuses Data Initiative on Business and Customer Intelligence
September 19, 2024  |  Digital Payments

One of the more reasonant insights from the PYMNTS Intelligence “How The World Does Digital” report can be found in the differences between the countries...

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Cross-Border Payments Cost Could Be Cut by Blockchain, If It Can Only Solve the Scale Problem
Cross-Border Payments Cost Could Be Cut by Blockchain, If It Can Only Solve the Scale...
September 11, 2024  |  Blockchain

Cross-border payments suffer from inefficiencies such as high fees, slow settlement times and poor transparency, making international transactions costly and cumbersome. Blockchain technology offers transformative...

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What the US Can Learn From Europe’s Digital Wallet Renaissance
What the US Can Learn From Europe’s Digital Wallet Renaissance
September 03, 2024  |  Mobile Wallets

Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets...

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Marqeta Becomes Issuer-Processor for Varo Bank
Marqeta Becomes Issuer-Processor for Varo Bank
August 06, 2024  |  Partnerships

Card issuing platform Marqeta has been named issuer-processor for online bank Varo. “Varo selected Marqeta for its ability to combine sophisticated virtual, tokenized and physical card-issuing technology with...

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Tokenization’s Rise Offers New Ways to Monetize Data and Real World Assets
Tokenization’s Rise Offers New Ways to Monetize Data and Real World Assets
August 01, 2024  |  Payments Innovation

The concept behind tokenization is simple. Tokenization is a tech-enabled way to safeguard sensitive information by replacing it with non-sensitive, scrambled strings of information. The...

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Citi Services Head of Payments Says Instant Is In as Global Dynamics Shift
Citi Services Head of Payments Says Instant Is In as Global Dynamics Shift
July 31, 2024  |  Payments Innovation

Change in payments, as in life, happens slowly and then all at once. And as we navigate through 2024, the payments industry is undergoing transformative...

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Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
July 29, 2024  |  Real-Time Payments

True seismic shifts in payments occur over the course of years — not months. But, as Jim McCarthy, CEO of Thredd, told Karen Webster, the...

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