TokenEx

TokenEx Advances Card Lifecycle Management to Enable Strategic Payment Processing

Retrieved on: 
Thursday, October 19, 2023

TULSA, Okla., Oct. 19, 2023 /PRNewswire/ -- TokenEx, the leading independent cloud tokenization provider, today announced multiple updates to the TokenEx Universal Tokenization Platform, which streamlines card lifecycle management to increase merchant security, PCI compliance, and revenue. The newest features, Account Updater, BIN Lookup, and Network Tokens, enable merchants to realize the strategic benefits of payment processing.

Key Points: 
  • The newest features, Account Updater , BIN Lookup , and Network Tokens , enable merchants to realize the strategic benefits of payment processing.
  • According to Gartner ®, digital commerce payment technologies should, "Treat payments as strategic, and create opportunities to increase revenue and profit by managing the payment experience and increasing acceptance rates.
  • Optimize transaction routing — TokenEx BIN Lookup provides critical payment card data to route payment transactions, leading to increased authorizations, less fraud, and lower processing costs.
  • "As payment experts, TokenEx understands that the success of our customers starts with a payment strategy focused on security, compliance, and revenue," said Hetal Giaimo, SVP of Product & Technology at TokenEx.

TokenEx Awarded the Trusted Cloud Provider Trustmark by Cloud Security Alliance

Retrieved on: 
Thursday, June 1, 2023

Built upon existing CSA programs, the Trusted Cloud Provider trustmark assists consumers in identifying cloud providers that demonstrate commitment to holistic security and are aligned with their individual security requirements.

Key Points: 
  • Built upon existing CSA programs, the Trusted Cloud Provider trustmark assists consumers in identifying cloud providers that demonstrate commitment to holistic security and are aligned with their individual security requirements.
  • TokenEx has been a Cloud Security Alliance member since 2020 and is honored to be included in this exclusive group for cloud security organizations.
  • The CSA Trusted Cloud Provider trustmark enables us to demonstrate our security commitment to current and future clients and partners."
  • Through this CSA program, the Trusted Cloud Provider trustmark gives organizations a level of confidence that their cloud provider adheres to a transparent set of compliance and security standards."

Payment Security Global Market Report 2022

Retrieved on: 
Sunday, January 22, 2023

DUBLIN, Jan. 22, 2023 /PRNewswire/ -- The "Payment Security Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 22, 2023 /PRNewswire/ -- The "Payment Security Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global payment security market.
  • The payment security market consists of sales of payment security solutions and services by entities (organizations, sole traders, and partnerships) that are used to provide the customer with data security and to avoid unauthorized transactions and data breaches.
  • The countries covered in the payment security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Global Payment Security Market 2022 to 2031 - Players Include CyberSource, Elavon, Bluefin Payment Systems and Ingenico - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 17, 2023

This report provides strategists, marketers and senior management with the critical information they need to assess the global payment security market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global payment security market.
  • Major players in the payment security market are CyberSource Corporation, Elavon, Bluefin Payment Systems LLC, Ingenico, SISA Information Security Pvt Ltd, Shift4 Corporation, TokenEx LLC, Signifyd, Broadcom Inc, GEOBRIDGE Corporation, Thales Group, Intelligent Payments, Transaction Network Services (TNS) Inc, Mastercard and SecurionPay.
  • The increasing adoption of digital payment modes is expected to propel the growth of the payment security market.
  • The increasing adoption of digital payment modes will create significant demand for payment security solutions as these are essential for secured payment transactions.

Global Tokenization Market Report 2022 to 2030: Players Include American Express, Cardconnect, Entrust and FIS - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

Criminals target entrepreneurs who accept credit and debit cards, even though payment information contains a wealth of information.

Key Points: 
  • Criminals target entrepreneurs who accept credit and debit cards, even though payment information contains a wealth of information.
  • The major players have also launched the technology to secure data from rising data breaches.
  • Based on the component, the services segment accounted for the leading share in the global industry.
  • The publisher has segmented the tokenization market report based on component, application, tokenization technique, vertical, and region:

Marc Olesen Joins TokenEx as Chief Executive Officer to Lead Business Expansion

Retrieved on: 
Tuesday, October 4, 2022

EDMOND, Okla., Oct. 4, 2022 /PRNewswire/ -- TokenEx, a leading cloud tokenization provider, announced today it has appointed Marc Olesen as the company's new chief executive officer. Olesen, a recognized security and payments industry leader, joins TokenEx on the heels of its recent $100 million Series B funding by K1 Investment Management.

Key Points: 
  • EDMOND, Okla., Oct. 4, 2022 /PRNewswire/ -- TokenEx, a leading cloud tokenization provider, announced today it has appointed Marc Olesen as the company's new chief executive officer.
  • Olesen, a recognized security and payments industry leader, joins TokenEx on the heels of its recent $100 million Series B funding by K1 Investment Management.
  • "I am excited to help lead TokenEx to new heights and further scale its product portfolio, customer service, and global operations."
  • Prior to joining TokenEx, Olesen was president and chief executive officer for digital trust and safety leader Sift.

TokenEx Named One of Inc. 5000's Fastest-Growing Companies in 2022

Retrieved on: 
Tuesday, August 16, 2022

EDMOND, Okla., Aug. 16, 2022 /PRNewswire/ -- Cloud tokenization and payment optimization provider TokenEx was named to the 2022 Inc. 5000 list of the fastest-growing private companies in America.

Key Points: 
  • EDMOND, Okla., Aug. 16, 2022 /PRNewswire/ -- Cloud tokenization and payment optimization provider TokenEx was named to the 2022 Inc. 5000 list of the fastest-growing private companies in America.
  • "We are fortunate enough to have experienced considerable growth since our founding in 2010," TokenEx CEO Matthew Meehan said.
  • Earlier this year, TokenEx raised $100 million in Series B funding from K1 Investment Management, a leading investment firm focused on high-growth enterprise software companies globally.
  • TokenEx is a cloud tokenization and payment optimization provider committed to helping organizations safely and compliantly accept, store and transmit sensitive data.

TokenEx Collaborates with Token ID to Become a Visa Ready Solution for Network Tokens

Retrieved on: 
Wednesday, July 6, 2022

EDMOND, Okla., July 6, 2022 /PRNewswire/ -- Cloud tokenization and payment optimization provider TokenEx announced today that it has collaborated with Visa, the world leader in digital payments, to become a certified Visa Ready partner for network tokenization. As part of the collaboration with Visa, TokenEx selected Token ID – a Visa Solution, which empowers banks, merchants, regional payments schemes, clearing houses and other payments stakeholders like TokenEx.

Key Points: 
  • As part of the collaboration with Visa, TokenEx selected Token ID a Visa Solution, which empowers banks, merchants, regional payments schemes, clearing houses and other payments stakeholders like TokenEx.
  • "By partnering with Visa and Token ID to support network tokens, we're demonstrating a commitment to providing our clients with the value of this innovative payment technology."
  • Token ID a Visa Solution is designed to enable payments stakeholders to build and manage their own tokenization solutions.
  • TokenEx has partnered with Token ID to support Visa network tokens.

Flourishing Payment Security Provider Diversifies Customer Base with Acquisition of Cloud Vaulting Service

Retrieved on: 
Monday, May 16, 2022

EDMOND, Okla., May 16, 2022 /PRNewswire/ -- Cloud tokenization and payment optimization provider TokenEx announced today that it has acquired Auric Systems International and its AuricVault® service.

Key Points: 
  • EDMOND, Okla., May 16, 2022 /PRNewswire/ -- Cloud tokenization and payment optimization provider TokenEx announced today that it has acquired Auric Systems International and its AuricVault service.
  • The move helps TokenEx supplement its global growth strategy by increasing its presence in Latin America and Africa.
  • Through their use of the TokenEx platform, customers of Auric will now be able to optimize their payment security strategy via added flexibility and functionality.
  • TokenEx is a cloud tokenization provider committed to helping organizations safely and compliantly accept, store and transmit sensitive data.

New Chief Revenue Officer Joins TokenEx To Lead Next Stage Of Growth

Retrieved on: 
Thursday, April 7, 2022

EDMOND, Okla., April 7, 2022 /PRNewswire/ -- TokenEx, an industry-leading cloud tokenization provider, today announced the addition of a new chief revenue officer, Doug Scott, to guide the company in its next phase of growth following a $100 million Series B investment from K1 Investment Management.

Key Points: 
  • "I'm excited to work with such a promising company to help them reach their growth ambitions," said Doug Scott, Chief Revenue Officer, TokenEx.
  • "TokenEx has already achieved some impressive results in terms of market leadership and client retention.
  • He will oversee and unify company revenue streams to ensure alignment, improve performance, optimize growth, and deliver customer satisfaction.
  • TokenEx experienced record growth in 2021 on the heels of increasing data breaches and digital payment transactions.