AuricVault Tokenization

AuricVault Tokenization, offered by TokenEx, is a solution designed to protect sensitive data by replacing it with nonsensitive tokens, according to the vendor. This process aims to minimize the risk of data exposure in the event of a breach while still allowing businesses to utilize the data for various purposes, such as processing digital transactions. The product is positioned as suitable for companies of all sizes, from small businesses to large enterprises, and caters to a wide range of professions and industries, including e-commerce companies, financial institutions, healthcare organizations, retailers, and payment processors.

Key Features

Universal Tokens: AuricVault Tokenization allows the creation of universal tokens, which are nonsensitive equivalents of sensitive data elements. According to the vendor, these tokens can be used across multiple platforms and systems, enhancing interoperability and data sharing.

Account Updater: The Account Updater feature enables automatic updates of customer payment information, according to the vendor. This functionality aims to ensure businesses have accurate and up-to-date payment data, reducing the risk of declined transactions and improving operational efficiency.

Network Tokens: With Network Tokens, businesses can tokenize sensitive data and securely store it in a network token vault, according to the vendor. These network tokens can be used across various payment networks, simplifying the payment process and ensuring data security.

BIN Lookup: AuricVault Tokenization offers BIN Lookup functionality, allowing businesses to identify the bank identification number (BIN) associated with a payment card, according to the vendor. This information aids in fraud detection and prevention by verifying the authenticity of payment cards.

3-D Secure: The 3-D Secure feature provides an additional layer of security for online transactions, according to the vendor. It allows businesses to authenticate customers using a dynamic password or one-time passcode, reducing the risk of fraudulent transactions.

Fraud Services: AuricVault Tokenization offers fraud services that help businesses detect and prevent fraudulent activities, according to the vendor. These services include real-time fraud monitoring, risk scoring, and rule-based fraud detection, enhancing the security of payment transactions.

API Docs: AuricVault Tokenization provides comprehensive API documentation, offering detailed information on how to integrate and utilize the product's APIs, according to the vendor. This documentation assists developers and IT teams in understanding the technical aspects of implementing AuricVault Tokenization.

Blog: AuricVault Tokenization maintains a blog covering various topics related to data security, payment processing, and tokenization, according to the vendor. The blog provides informative articles, industry trends, and expert insights, keeping businesses updated with the latest developments in the field.

PCI Resources Center: AuricVault Tokenization offers a PCI Resources Center that provides guidance and resources related to Payment Card Industry Data Security Standard (PCI DSS) compliance, according to the vendor. This resource aims to help businesses ensure they meet the necessary security requirements when handling payment card data.

Ebooks, Webinars and More: AuricVault Tokenization provides ebooks, webinars, and other educational materials that offer in-depth knowledge and insights into tokenization, data security, and payment processing, according to the vendor. These resources aim to help businesses stay informed and make informed decisions regarding their data protection strategies.