PRINCETON JUNCTION, N.J.— The Smart Card Alliance will be holding a free “EMV Tokenization” webinar Nov. 3 to help issuers, acquirers, processors, and merchants learn more about tokenization and how to implement it.
Tokenization, the process of substituting valuable data with a token made up of random alphanumeric characters, has the potential to be a payments security game-changer for its ability to protect sensitive account data for in-store and online transactions, according to the Alliance.
The one-hour webinar will begin at 1pm ET. To register, visit https://attendee.gotowebinar.com/register/5182475867510822401
Webinar speakers are: Sree Swaminathan, First Data; Sadiq Mohammed, Mastercard; Randy Vanderhoof, Smart Card Alliance; and John Sheets, Visa.
The webinar will offer a “crash course” on tokenization, and will:
- Provide an overview of EMVCo tokenization and distinguish EMV payment tokens from other types of tokens
- Identify the benefits derived from tokenization and encryption
- Review the rules, requirements and standards for token service providers
- Discuss tokenization methods used in digital wallets like Apple Pay, Samsung Pay and Android Pay, as well as in-app purchases
- Address tokenization implementation and security considerations