Last week the US House Committee on Financial Services held a virtual hearing about the Digital Dollar or central bank digital currency (CBDC). The event promised to be interesting as two... more
The post The value case for a tokenized central bank digital dollar appeared first on Payments Cards & Mobile.
Visa says that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time... more
The Digital Dollar Project is a not for profit effort, in collaboration with Accenture, to advance exploration of a United States Central Bank Digital Currency in order to advance the... more
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Visa says that participants in Visa Token Service (VTS) are estimated to process a combined e-commerce volume of $1 trillion, marking a significant opportunity in its efforts to make digital... more
The post Visa Token Service hits major milestone of $1 trillion appeared first on Payments Cards & Mobile.
JPMorgan has become the first major bank to crack down on FinTech apps using customer passwords to access their bank accounts, forcing tougher security standards via token after Jamie Dimon... more
The post Banks to ban FinTechs from using customer passwords by issuing tokens instead appeared first on Payments Cards & Mobile.