Tag: Tokenization

FitPay adds Discover tokens to secure wearable payments

Discover Financial Services’ digital exchange will provide tokenized payment credentials for wearable of Internet of Things devices powered through FitPay. The network services agreement between Discover and FitPay Inc., a unit of NXT-ID, allows Discover cardholders to make contactless payment transactions through their FitPay devices operating through the FitPay Payment Platform. Users of other partner…
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February 26, 2018 0

Token puts fake names on digital payment cards to thwart fraud

Consumers are increasingly concerned about payment card fraud, but it remains to be seen how much work they’re willing to do to protect themselves when they’re not directly liable for monetary losses from stolen cards. Token Payments Inc. is going to test consumers’ interest in helping to block card fraud by launching a mobile app…
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November 16, 2017 0