If you’ve ever used a subway token in New York City, you know how valuable they were – and how completely devoid of value they were everywhere else. The same could be said of digital tokenization. The information it transmits is worthless at face value, but its ability to transmit very sensitive data in a way that’s useless to criminals gives it incredible value for cardholders, issuers, and merchants.
The Value of Tokens in the Fight on Fraud
A recent article by Dan Peacock clearly....