SPA-24 C: 4 Hours – Payment Fraud – Payments Tokenization Briefing

 Payments Tokenization in the Real Business World: Is Payments Tokenization Relevant to MY Business?

Why are we talking about Payments Tokenization?

Retail Payments Tokenization has been available for some time and there has been broad market acceptance of tokenization services. These current tokenization offerings and technologies are only the first generation of a very powerful and emerging payments acceptance management capability for merchants and corporates.

Next generation payments tokenization enables a much more in depth and responsive relationship with the merchant or corporate client, such as through very highly focused credit terms and loyalty programs. Conversely, tokenization services can also potentially disintermediate the payment acceptor from their clients, as the PAN and related customer data may no longer be available to the merchant or corporate.

It all depends on the architecture and options taken by the merchant or corporate in implementing tokenization for their payment acceptance processes. And there are many options.

Aim of The Course:

This highly interactive 4-hour briefing provides clarity as to how tokenization works, who the stakeholders are, what tokenization can do beyond fraud controls, and the types of costs and benefits from tokenization a merchant or corporate can expect.

The aim of this briefing is to help the attendee make a decision as to whether or not next generation tokenization is of interest to the organization, and warrants further investigation.

Learning Outcomes:

By the end of this course delegates will be able to:

  • Identify where the next generation of tokenization may be of value to the attendee’s organization
  • Describe how tokenization V.2 may address problems of the attendee’s organization
  • Analyze the potential business case factors for next generation tokenization
  • Identify considerations for decision making by the attendee’s organization

Who Should Attend:

Those responsible for making decisions or advising on product and service offerings in their organization. This workshop is designed for delegates having some familiarity with tokenization and interested in learning more as to how payments tokenization might fit within their organization.

Related Courses

This 4-hour Tokenization briefing is a precursor to our 2-Day Payments Tokenization Business Planning and 3-Day Payments Tokenization Product Planning Courses The combined 2-day and 3-day courses are also offered as 5-day program.

Delegates who register for the 2-day introductory course as well as the 3-day deep dive course will receive a 10% discount on the combined package (applied at checkout). Alternatively, register for the full 5-day program here.

 

Credits

SPA-24C: 4 Hour Payments Tokenization Briefing, is brought to you by Secure Payments Academy, in partnership with Technology Strategies International Inc. and VCS Technologies Inc.

For more information about our upcoming schedule, visit the Workshop Schedule.