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TokenEx awarded patent for tokenization gateway

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Courtesy of the Journal Record

OKLAHOMA CITY – TokenEx has been awarded a patent for its Transparent Gateway solution.

The Transparent Gateway enables TokenEx customers to share data, such as a credit card primary account number, with any third-party payment service providers or other desired endpoints. This functionality maintains the utility of devalued and tokenized data while securely desensitizing it and removing it from an organization’s environment, making the Transparent Gateway a cornerstone of the TokenEx Cloud Security Platform.

“We are both proud and excited to be on the forefront of the payments and data-security industries, and the Transparent Gateway is just one example of the types of innovative technologies that got us here,” TokenEx Co-Founder and CEO Alex Pezold said. “We are committed to the continual development of new solutions that will enhance the security as well as the business utility of sensitive data for our customers around the world.”

Customers using the TokenEx Transparent Gateway can continue to use any third-party endpoint, such as a payment processor, with a few minor changes to the HTTP request.

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