RBI enhances card tokenization scope for CoFT services to improve customer data security

The Reserve Bank of India (RBI) on Tuesday improved guidelines on card tokenization services to improve payment system security. In a statement, RBI said that the recommended device-based tokenization framework see circulars January 2019 and August 2021 has been extended to card-on-file (CoFT) tokenization services as well. In addition, card issuers have been authorized to … Read more

T-Mobile claims it found unauthorized access to data, no compromised customer information

T-Mobile US on Monday acknowledged a data breach but said it still hasn’t discovered if any customer information has been compromised, a day after an online forum alleged that the personal data of more than 100 million of its users was leaked. . The telecom operator said in a blog post that it was confident … Read more