case study results for retail - tokenex

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RESULTS FOR RETAIL CASE STUDY How two of our clients unified their digital ecosystems and future-proofed their internal operations by embracing cloud security

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RESULTSFOR RETAIL

CASE STUDY

How two of our clients unifi ed their digital ecosystems and future-proofed their internal operations by embracing cloud security

Reduce risk and simplify compliance by removing payment card information and other sensitive data from your environment.

Retail organizations are responsible for ingesting massive volumes of sensitive information from their customers. Whether it’s cardholder data such as primary account numbers (PANs) and card verifi cation values (CVVs) or personal information such as names and addresses, this data places a tremendous security and compliance burden on organizations that process, store, or transmit it.

By working with a cloud security provider, you can reduce risk and simplify compliance by removing sensitive data from your internal systems—all without signifi cantly altering your existing processes or sacrifi cing the business utility of customer data. The result: You can retain the benefi ts of the data you process without the responsibility of storing and protecting it.

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TOKENIZATION FOR RETAIL

Virtually eliminate the risk of data theft

Simplify architecture to unify digital ecosystems

Send data to any processor, gateway, or other API endpoint

Minimize PCI scope

Align Security, compliance, and privacy with business operations

CASE STUDY • RESULTS FOR RETAIL

Experience freedom and fl exibility by entrusting data protection to security experts.

Protecting the sensitive data your organization possesses costs time and money—resources that could be better allocated elsewhere. Let our advanced cloud tokenization technology—managed by security and compliance experts—shoulder the responsibility of keeping your customers’ data safe and secure so you can focus on generating revenue and improving business outcomes.

By removing sensitive payment and personal data from its environment and storing it in TokenEx’s Cloud Security Platform, Discount Tire was able to implement a paperless fi nancial application process for its branded credit card—without incurring the risk and regulatory compliance obligations that come with exposure to sensitive data.

We are experts in retailing and customer service. We are not an IT security company. We should not be in the business of trying to securely store PCI or PII.

Evan Hunter, Project Manager of Payments and Finance, Discount Tire

2 CASE STUDY • RESULTS FOR RETAIL

• IMPLEMENTED PAPERLESS CREDIT APPLICATION PROCESS • REDUCED THE SCOPE AND COMPLEXITY OF PCI COMPLIANCE• MINIMIZED RISK BY NOT STORING PCI OR PII

RESULTS

Cloud tokenization unifi es operations via simplifi ed modern architecture.

Accepting multiple data types from diverse channels can create a complex data environment. You can unify this digital ecosystem by leveraging modern security architecture as a central integrator. This enables you to store your data on a single platform and build onto it with additional third-party services for fraud prevention, account updater, strong customer authentication, and more.

Orvis used TokenEx’s Cloud Security Platform to capture customer data from each of its acceptance channels, safely store it in the same external environment, and then share that sensitive information from a central hub connected to processors, gateways, and other service providers crucial to the operation of Orvis’s digital ecosystem.

We never touch any payment data in our contact centers, retail stores, websites, or in the fi eld. And that’s a big relief.

Tyson Martin, Chief Information Security Offi cer, Orvis

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• REDUCED PCI SCOPE BY 90 PERCENT• UNIFIED STORAGE OF DATA FROM MULTIPLE ACCEPTANCE CHANNELS • PROTECTED PII IN ADDITION TO PCI

RESULTS

CASE STUDY • RESULTS FOR RETAIL