How Tokenization Technology Can Protect You from Fraud

May 7th, 2015

 

Tokenization of credit cards is the latest buzz-word in security.  One example of Tokenization is in Apple Pay, where your true card number remains hidden during the transaction.  Instead, a temporary number issued by your payment network allows your transaction to be processed without revealing your true card number.   Even if the one-time number is intercepted, it cannot be used for additional transactions.

State Bank of Southern Utah will soon be rolling out tokenization.  To learn more about it, check out the info-graphic below:

 

Tokenization Banking Security

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