As far as I know, very few places have a mandatory card tokenization requirement and it's up to each card programme as to whether they do it or not, however, many are choosing to do it by default because of the customer expectation and ease of PCI-DSS compliance
crystal as always, thanks Maestro. hoping for UTH episode on asset tokenization as well lol, which, to my naive brain, feels kinda like a fancier modern name for securitization tweaked somehow...
Thank you! There will definitely be an asset tokenization edition in the future and maybe even a trading platform & securitization edition which will utilise some of my Citi experience
@jas - would you know if it is a mandate in USA to tokenize the card or is it still optional.
As far as I know, very few places have a mandatory card tokenization requirement and it's up to each card programme as to whether they do it or not, however, many are choosing to do it by default because of the customer expectation and ease of PCI-DSS compliance
In India card tokenization is mandated.
Oh interesting. Is it embedded as part of the card issuing process?
not during card issue, but rather during transaction.
crystal as always, thanks Maestro. hoping for UTH episode on asset tokenization as well lol, which, to my naive brain, feels kinda like a fancier modern name for securitization tweaked somehow...
Thank you! There will definitely be an asset tokenization edition in the future and maybe even a trading platform & securitization edition which will utilise some of my Citi experience