Some issuers are battling a troubling new trend in fraud involving device tokens. While device tokens —encrypted numerical identifiers which are specific to a mobile device or mobile app — provide many security enhancements, bad actors are inevitably inventing ways to circumvent them for fraudulent payments. Token provisioning fraud resulted in $450 million in lost revenue in 2022. Read on to learn how issuers can implement some best practices to help ensure tokens are provisioned legitimately.