Visa, MasterCard to Roll Out New Cybersecurity Features

February 13, 2015

Visa Inc. and MasterCard Inc. _are taking long-awaited next steps to ramp up security of customer data as concerns over cyberattacks continue to mount.

The plans, unveiled separately by the world’s largest payments networks, include the expansion of tokenization—a way to obfuscate a customer’s information during a transaction—and biometrics verification.


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