Details
May 19, 2016
12:30PM - 2:00PM
Understanding Tokenization & its Effect on ACH and Real-Time Payments
Presented by NACHA-The Electronic Payments Association and the Regional Payments Associations
Webinar
Tokenization substitutes a limited-use random number, or digital token, for the customer’s account number during the transaction. While not a new concept in the payments space, its role as part of a comprehensive security strategy is gaining attention and importance with changes in technology and the proliferation of smart devices. Typically associated with card payments, the potential application of tokenization for DDA-based payments is being explored actively within the industry for ACH and real-time payments.
Join us for this “can’t miss” webinar that will provide you with a primer on tokenization for payments, examining what it is and what it is not, how it fits into a broader security spectrum, and what lies ahead for the industry.
Gain Insight & Understanding:
- The value that tokenization provides to transactions
- Tokenization considerations for ACH and real-time payments
- The financial institution perspective on tokenization
Speakers:
Jarrett Helms
Director, Digital Payments Products, The Clearing House Payments Authority
George Throckmorton
Managing Director, Network Development, NACHA – The Electronic Payments Association
Peter Davey, AAP
VP, Payment Strategy & Industry – Enterprise Payments, Capital One
Moderator:
Jennifer West, AAP
Director, Payments Product Manager, NACHA – The Electronic Payments Association