Friday, August 30, 2024

BANKING

Mastercard Inc. aims to combat online payment fraud by expanding the use of token technology to replace credit card numbers and passwords with biometric data such as fingerprints and face scans. The company is processing 1 billion tokenized transactions weekly and plans to tokenize all e-commerce transactions in Europe by the decade's end.

from Banking/Finance-Industry-Economic Times https://ift.tt/yqGXIzm
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