Apple said to use tokenization tech to secure mobile payments

iDownload Blog
By Cody LeeSep 8, 2014, 1:26 am801 pts
Bank Innovation is out with a new report this evening, claiming that Apple will be utilizing tokenization technology in conjunction with NFC in its upcoming mobile payment service. Token tech is a favorite amongst financial institutions, as it’s considered to be extremely secure. How it works is that instead…

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