Category: Token Service Platform

Thoughts From the 2019 Seamless Conference

Seamless seems to miss the point, or does it?! From an unusually cloudy Dubai and as the sun (or lack thereof) sets on the latest iteration of the Middle East’s leading Payments and eCommerce conference, one is left wondering if this year, again, our industry has missed the point. Bringing together the regions’ leading lights…

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How Payment Tokenization Provides Great Service And Prevents Fraud

New Currency Technology With trust, user experience and security becoming the new currencies with which to buy consumer loyalty, banks are increasingly turning to Fintech partners and their technological solutions in the fight to provide great service and tackle things like payments fraud through payment tokenization. The payments landscape is ever-changing, driven by consumer behaviors,…

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Mobile payments security with a “Defense in Depth”

Mobile payments is the next “big thing” for consumers. But how can we keep it from becoming so for hackers as well? As our “always on” culture moves from good old plastic and chip cards to mobile phones, where data and software are more vulnerable to hackers, how do we maintain trust without eliminating utility?…

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How can banks win the mobile payments game?

Banks are beginning to realize that mobile payments are better not left to tech giants. Banks can be intermediated and loose the one-on-one brand connection with the consumer. But how can banks win the mobile payments game? Well, the partnership between Chase and MCX gives us a few good lessons. At first you wouldn’t think…

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Tokenization is not enough: Ensuring secure mobile payments using dynamic issuance with on-device security and management

HCE cloud-based mobile payments have opened a new chapter in the industry’s thinking around security of card data on-device and the risk management associated with it.  The lack of secure element hardware storage on-device creates the need for strong software based solutions to mitigate the risk of storing sensitive card data on phone memory. Tokenization…

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