What is tokenization and how to choose tokenization service provider

Imagine all the information your bank has on you. Along with information about your Credit Cards, it has lots of your personal data. Data, that in the hands of a 3rd party can be used to single you out. Such information is often referred to as Personally identifiable information (PII). This includes your name, address, cell phone number, Social Security Number, etc.

Tomorrow, some rogue employee can download all data and sell it to some marketing company. Worse, some hacker may sell it to someone who can take out a large loan on your name and vanish.

With such sensitive…

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