Articles from VGS

VGS, The World’s Leader in Tokenization, is proud to announce an expansion of its successful, long-term partnership with Visa. Building on years of product partnership and shared achievements, VGS will be a preferred pilot partner with Visa through the Visa Intelligent Commerce program, helping to pioneer the future of AI commerce. Today, VGS powers 4.5B tokens globally, many of which are Visa cards, for some of the largest platforms, merchants, FIs, and fintechs in the world. Now, our long-standing strategic partnership for payments tokenization is evolving into foundational infrastructure to enable AI and Agent-driven commerce experiences, an emerging ecosystem often called Agentic Commerce. This evolution signifies a strengthened commitment from both organizations to leverage their respective strengths and expertise to deliver even greater and more secure payment outcomes for all commerce participants, from Merchants to Developers to Fintechs of all types around the world.

VGS has announced a strategic partnership with Onafriq, Africa’s largest payments network, that is aimed at bolstering security and innovation for Fintechs across Africa and the Middle East. This partnership marks the culmination of a longstanding relationship between the two entities, with VGS serving as Onafriq's trusted partner for PCI compliance and payment features.

VGS, formerly known as Very Good Security, today announced it has surpassed three billion tokens stored, reflecting the transformational impact of the company’s universal token vault and cementing its position as the leader in payment tokenization. VGS works with companies across every major continent — including AWS, Albertsons, Deserve, and Fivestars by Sumup. The company now stores more than 70 percent of credentials in the United States and initiates more than 30B data calls per year.

VGS, the world’s largest cloud-based tokenization platform, announced at Snowflake’s annual user conference, Snowflake Summit 2023, the launch of VGS Vault, a Snowflake Native App on Snowflake Marketplace. By using VGS Vault, Snowflake customers can seamlessly tap into the VGS platform to collect, protect, and exchange sensitive data.