RBI enhances scope of tokenisation to ensure security of card data

"...card issuers have been permitted to offer card tokenisation services as token service providers. The tokenisation of card data shall be done with explicit customer consent requiring additional factor of authentication (AFA)," the RBI said in a statement while extending device-based tokenisation framework to CoFT services.

from Banking/Finance-Industry-Economic Times https://ift.tt/3zNYRRQ