People familiar with the matter: FTC is investigating Visa, Mastercard's cybersecurity tokens

The U.S. Federal Trade Commission (FTC) is investigating Visa and MasterCard, the Wall Street Journal reported, citing sources. For months, the FTC has broadened its focus to include cybersecurity tokens, investigating whether Visa and Mastercard have been restricting the information they send, thereby restricting online payments from being made across different networks. It is not yet clear whether the investigation is new. The investigation is still part of the previous investigation. Foresight News notes that Visa and Mastercard have pushed for widespread tokenization in recent years, noting that these tokens help protect cards from fraud, a so-called practice that, according to merchants, has increased card-issuing banks’ exposure to other networks. Opportunity to reject a transaction while processing it.