OnDemand Video Module

Introduction

Set against the ongoing drumbeat of data breaches, the payments industry is moving towards tokenized payment data at an amazing pace. This session dives into tokenization fundamentals, compare the prevalent approaches, and examine the implications of each.

Topics Covered

• Tokenization concepts and approaches
• Merchant tokens – current model and likely evolution
• Issuer tokens – flows, roles, data elements, and role of EMVCo
• Other tokenization initiatives on the horizon

Learning Objective

To understand the similarities and differences between merchant tokenization and issuer tokenization -- and gain an understanding of where each fits in the market and why.