Visa (V) Achieves Token Milestone, Revolutionizes Security [Yahoo! Finance]
RCM Technologies, Inc. (RCMT)
Last rcm technologies, inc. earnings: 3/4 04:05 pm
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Source: Yahoo! Finance
V mentioned that it has issued more than 10 billion tokens since 2014. With more than $40 billion in additional e-commerce revenues for firms globally and a staggering $650 million saved in fraud over the past year, Visa's tokenization technology has emerged as an epicenter of trust and innovation in the fintech industry. This move bodes well for Visa as incremental e-commerce revenues generated in the future will directly contribute to its total revenues. Moreover, as V wins more merchants, issuers and customers, its transaction volumes and processing fees will improve as a result. By replacing sensitive personal data with cryptographic keys, tokenization ensures that payment information remains protected from cyber threats, resulting in a notable six-basis-point increase in payment approval rates globally and a substantial reduction in fraud rates by up to 60%. Visa's pioneering move into data tokenization holds positive prospects for the future of digital commerce. By granting
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News
- RCM Technologies, Inc. (RCMT) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
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- RCM Technologies (RCMT) Upgraded to Strong Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
RCMT
Earnings
- 5/8/24 - Beat
RCMT
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form EFFECT
- 5/8/24 - Form 8-K
- RCMT's page on the SEC website