A new survey finds nearly half of respondents had fallen victim to at least one data breach and 45% say they are not confident they know all instances of when their personal information has been leaked.
American Express has unveiled a suite of solutions designed to enable its card-issuing partners, processors, acquirers and merchants to create a safer online and mobile payments environment for consumers. The new American Express Token Service will meet these needs the Company says.
American Express launched its American Express Token Service allowing its card-issuing partners, processors, acquirers and merchants to offer a safer online and mobile payments environment. With NFC tokens, merchants and digital wallet operators will no longer need to store consumers’ sensitive payment account information in their systems. In addition, tokens can be assigned for use with a specific merchant, transaction type or payment device to provide further protection against fraud. It’s based on EMVCo’s Payment Tokenization Specification and Technical Framework, published earlier this year.
Silicon Valley-based i2c is powering a new Shift Payments’ debit card, which allows consumers to make payments in fiat, digital and alternative currencies. The companies have already collaborated to get test cards to market and are working on a global roll out.
VASCO Data Security authentication, electronic signatures, and identity management announced two new DIGIPAS Authenticators with Bluetooth capabilities. The DIGIPASS875 is a smart card reader solution, and the DIGIPASS GO215 is a compact, one-button device offering powerful, portable and flexible two-factor authentication and digital signing.