Apple, Goldman Sachs card partnership to end, report claims

Apple, Goldman Sachs card partnership to end, report claims

Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday. People claiming to have knowledge of the matter told the Journal that Apple’s contract with the banking giant will end “in the next roughly 12-15 months,” bringing to an end a troubled tie-up …

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Tokenisation: RBI proposes card-on-file tokenisation for debit and credit cards: What this means for online shoppers

Tokenisation: RBI proposes card-on-file tokenisation for debit and credit cards: What this means for online shoppers

The Reserve Bank of India (RBI) governor Shaktikanta Das recently proposed the introduction of card-on-file tokenisation (CoFT) facility at the issuer-bank level. He cited the growing acceptance and benefits of tokenisation of card data while announcing the proposal. For those unaware, RBI introduced new channels for card on file for tokenisation. This means that credit/debit …

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