Bluefin announced it has teamed up with Visa for network tokenization. Through this collaboration, Bluefin will integrate directly with Visa to provide network tokens across card brands. Bluefin will provide the network tokenization option through ShieldConex, a vaultless tokenization service that provides data security by protecting payment and ACH account data, Personally Identifiable Information (PII), and Protected Health Information (PHI) entered via an iFrame or API.

In addition, Bluefin's payment gateway, PayConex, will have the ability to process network tokens. Network tokenization differs from traditional payment card tokenization, where tokens for credit and debit card data are issued by a merchant's acquirer or payment processor. Instead, the card brands issue a token and unique transaction cryptogram, which makes network tokens interoperable across acquirers, payment processors, and payment gateways.

Bluefin is performing all necessary technology enhancements to implement network tokenization on ShieldConex and PayConex with Visa technology, and the service will be available to Bluefin's partners and merchants.