Liaison Technologies has made its Tokenization as a Service (TaaS) solution available on its award-winning Liaison ALLOY Platform for the first time and has migrated all existing TaaS customers to the new deployment.
TaaS on ALLOY significantly improves data security and expedites processing.
Featured on ALLOY, the world’s first data Platform as a Service (dPaaS) solution, Liaison’s TaaS offering is now established on a big data framework rather than a relational database, which means it can handle today’s higher workloads, including bulk requests.
By implementing TaaS on a big data platform, Liaison has reduced latency — the total time it takes to complete a tokenization process — dramatically. The switch to big data technologies has also significantly improved throughput, which is the amount of sensitive data moved successfully into or out of the tokenization system in a given time period.
With latency down and throughput up, token acquisition times have gone from approximately 250 milliseconds to just 40 milliseconds.
The migration of TaaS to a big data framework is important because rather than processing data on a single server, a big data approach facilitates distributed processing. A cluster of servers works in concert to crunch the data, splitting up the workload to achieve lower latency and higher throughput. For tokenization operations, this enables the rapid handling of bulk requests, such as processing 30 billion gift cards while onboarding a new customer.
ALLOY is a big data-backed platform that can handle today’s huge workloads for a variety of purposes. Providing TaaS on ALLOY enables tokenization of many different types of data.
In addition to using the technology to securely process financial data such as credit card information, Liaison customers are relying on the company’s TaaS solution on ALLOY to protect other sensitive, identifying information, including patient data and Social Security numbers.
Another key advantage Liaison offers enterprises through its TaaS solution on ALLOY is offsite vault storage, a reliable and safe approach that provides robust access, backup and recovery services that are easy and secure to use.
Most competitors use traditional vaultless databases that have potential security issues. TaaS deployment on ALLOY and its vaulted approach allows users to scale up to manage bulk requests and to securely process and store larger amounts of sensitive data from increasing numbers of data sources.
TaaS also eliminates the burden for enterprises of maintaining PCI requirements for downstream systems such as ordering and shipping. Customers can manage in-store or online transactions without holding sensitive credit card data that is subject to PCI regulations in its systems.
Rather than saving actual payment information, they store a token for quick retrieval of the data they need from Liaison’s vault, without leaving the actual sensitive data vulnerable in a downstream system.
With TaaS on ALLOY, the sensitive data is safely stored and accessible only to users with the appropriate authorization and authentication, i.e., the token, to access the data.
Liaison’s existing TaaS capabilities were migrated to ALLOY as a microservice, which enables ALLOY to continuously deploy additional capabilities that can scale up and down to meet customer needs. The Liaison ALLOY Platform provides end-to-end integration and data management services that help companies move toward a data-inspired future.
For a complete archive of more than 70,000 articles published since 1995 search the CardFlash.com library.