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The token vault offers a secure and PCI-compliant location to store original data (e.g., Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification.
Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers. The expansion comes as regulators tighten rules on fraud prevention and reimbursements.
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