Stanchion to support card digitization, tokenization services on Verto platform
Security requirements, industry mandates and consumer demand for contactless mobile payments have continued to fuel the need for tokenization services. Many card issuers have not embraced the likes of Apple Pay and Google Pay yet, but it is fast becoming a necessity.
Stanchion is now able to address those precise market needs with the official launch of additional libraries on its Verto technology stack.
Verto is Stanchion’s digital payments integration platform, a solution that enables organizations to implement new solutions (like tokenization) while avoiding or minimizing the impact on existing systems, thereby mitigating risk associated with the deployment of new functionality.