Vaults are going multiplayer. 👀 A credential vault becomes more valuable when multiple platforms can connect to it. The same idea applies to digital wallets in agentic commerce: As more agents help consumers shop and pay, how they access their payment credentials becomes increasingly important. VGS's Chief Strategy Officer Terry Angelos recently sat down with Timothy E. Chiodo, CFA, and the UBS Research Team to discuss what this shift means for agentic commerce - and why connecting agents to payment credentials matters. Watch the clip below. 👇 Learn more about what VGS is doing to support agentic commerce 👉 https://lnkd.in/gwr-THTQ #AgenticCommerce #Payments #AI #VGS
VGS
Financial Services
San Francisco, California 15,886 followers
The World's Leader in Payment Tokenization
About us
Founded in 2015, VGS is the world's leader in payment tokenization and a trusted credential management platform, depended on by Fortune 500 companies, merchants, fintechs, and banks alike. Our mission is to revolutionize the way sensitive data is stored and secured, enabling organizations to manage information across cards, bank accounts, and digital wallets with ease. VGS stores sensitive data and tackles critical payment acceptance challenges such as multi-PSP management, card issuance, payment orchestration enablement, PCI compliance, and the protection of personally identifiable information (PII). We provide our clients with complete ownership, control, and insights into their payment data, driving growth and enhancing user experiences across industries. VGS offers a comprehensive suite of solutions, including a composable Card Management Platform, a PCI-compliant Vault, and advanced network value-added services such as Network Tokens, Account Updater, and Card Attributes. Our innovative technologies empower businesses to boost revenue through higher authorization rates, reduce fraud, and streamline operations—all while seamlessly integrating with existing tech stacks. At VGS, we're not just securing payments—we're empowering businesses to unlock new possibilities in the ever-evolving payment landscape.
- Website
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https://www.vgs.io
External link for VGS
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Data Security, PCI Compliance, Payments, Payments Infrastructure, Tokenization, Payment Orchestration, Card Management , Network Tokens, Account Updater, Card Lifecycle Management, and Paytech
Employees at VGS
Locations
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Primary
Get directions
207 Powell St
Suite 200
San Francisco, California 94102, US
Updates
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We’re hiring an Application Security Engineer! 🛡️ VGS processes 10 billion+ monthly interactions and secures tokenized data touching a third of all e-commerce. At that volume and speed, security can’t be a roadblock - it has to be built directly into how engineers ship! We’re looking for an AppSec Engineer to partner closely with engineering: automating SAST/DAST guardrails in CI/CD, threat modeling distributed Java & Python services, and running our private bug bounty program. 📍Fully remote for US-based candidates outside the Bay Area. 🔗 Learn more & apply: https://lnkd.in/g4iS4_m7 #VGS #AppSec #DevSecOps #SecurityEngineering #Fintech
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ICYMI, Cameron Emanuel-Burns at FinTech Futures did a fantastic write-up of day 1 at Money2020 that included a recap of the session, "Know Your Agent: Here's How Banks Are Updating Identity Verification," where VGS's Chuck Yu, PayOS's Johnathan M., firmly's Kumar N Senthil, and Skyfire's Amir Sarhangi discussed the frameworks and protocols being built to ensure agentic transactions are secure and truly acting on behalf of the consumers using them. As Cameron Emanuel-Burns recaps in his article, Chuck Yu, CEO of VGS, stated that while the financial services industry began reacting to the "agentic presence" around 18 months ago, it is only in the last couple of months that banks have fully awoken to the challenge. Amir Sarhangi, CEO and founder of Skyfire, added that institutions are still "trying to figure out what their strategy should be". Chuck closed the session by speaking to the most important thing to "get right" for agentic commerce to be successful: confidence by all the subsequent parties involved in an agentic transaction that the purchase is not being made by a bad actor; something that starts with the handshake, that is, the user giving their card credential to an agent. ➡️ Read the full article by Fintech Futures: https://lnkd.in/gES7FZwj 🔗 Learn more about how VGS is enabling secure agentic commerce transactions: https://lnkd.in/gZdCBKun #VGS #Money2020 #Money200USA #AgenticCommerce
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Thank you to everyone who joined us for happy hour in the VGS Vault Lounge last night! Always a pleasure to meet friends - both old and new - during the crazy week that is Money20/20! Couldn't make our HH yesterday? No problem. We're hosting round ✌ tomorrow evening from 4:30 - 7:30 pm. 🔗 RSVP here for more details: https://lnkd.in/gAFqwW7U #Money2020 #Money2020USA #VGS #PaymentsNerd #VGSvaultlounge #AgenticCommerce
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The VGS European team is headed to London for Payments Leaders' Summit this week: Tuesday through Wednesday! If you're in town, be sure to hit up Damijan Pezdiček and Paul Shum to learn more about our digital and agentic payments infrastructure. 🤝 #PLSUK #PLS #VGS #Payments #PaymentsEurope
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Very helpful list of useful Money20/20 map links from our events guru, Jennifer Marshall! 👇 ➡️ Interactive show floor and meeting room map: https://lnkd.in/gyzhpdMf ➡️ Venetian map: https://lnkd.in/gBaZPTGd ➡️ Hospitality suite map: https://lnkd.in/gmp3jmbW Don't forget to swing by our happy hour tomorrow from 4:30 - 7:30 pm in Suite 3-916! 🔗 RSVP here: https://lnkd.in/gAFqwW7U #Money2020 #Money2020USA #VGS #VGSVaultLounge #agenticcommerce
Having issues finding your meetings at Money20/20? Send the following links to your agent! 👇 ➡️ Interactive show floor and meeting room map: https://lnkd.in/gH57MAVh ➡️ Venetian map: https://lnkd.in/gBZD948M ➡️ Hospitality suite map: https://lnkd.in/gxUuiyJC (VGS is in the Palazzo Tower suite #3-916 😉) And remember, there is no LOVE sign! It's a Wizard of Oz display, which is appropriate, because, in Vegas...We're not in Kansas anymore! Good luck, folks! #Money2020 #Money2020USA #Vegas #VGS VGS
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Great clip from Terry Angelos’s conversation with Alastair (Alex) Rampell around the intermediate solve that is virtual card issuance during an agentic transaction, and how this presents very real challenges for consumers and merchants when it comes to chargeback remediation. VGS is helping solve this problem as the leading agentic tokens distributor; we provision millions per week. This value-added service allows merchants to retain insight into the payment credentials used by the consumer in an agentic transaction. There are still many unanswered questions when it comes to enabling agents to pay on behalf of consumers. VGS’s trusted digital and agentic commerce infrastructure is helping answer them. Watch the full Andreessen Horowitz podcast with Terry: https://lnkd.in/gA2ppezz Discuss agentic commerce with Terry and the team in person at Money20/20: https://lnkd.in/gENStqr6? #agenticcommerce #aipayments #vgs #a16z
VGS's Terry Angelos and a16z's Alastair (Alex) Rampell on the one thing AI agent payments can't afford to break: the right to get your money back. Terry: "I asked Instinct to go and help me find these lights, and it found the lights at Walmart... when it came time to pay, Link [my payment wallet] didn't have a connection to Walmart. It can't just give my card over to the agent and over to Walmart." "If there's a problem... I call up my bank... And they say, 'Well, we don't see a Walmart transaction here... We just see a [Link] transaction.'" Alex: "One of the reasons why Visa and Mastercard have such impregnable positions is because they intermediate everything, and they set the rules, and chargebacks are very important." "It's a trust mechanism. I pay you for lights. You don't deliver the lights... You actually have rules by which I can kind of lodge a complaint." "That's high utility, actually even for the merchant... I'm much more willing to buy with a merchant knowing that if they don't actually deliver a product that works, I can get my money back."
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Who knew fantasy football could be so fun?! Shout out to the Fintech & Friends Charity Fantasy Football League participants for playing for such worthy causes! We’re honored to sponsor this charity fantasy league for a 4th year in a row. It’s an incredible way to bring fintech and payments professionals together for worthy causes. If you’re interested in participating ext season, be sure to reach out to league managers Austin Clark and Jennifer Marshall for more information! AND if you’re a fantasy football nerd like us, stop on by the VGS Vault Lounge happy hour during Money20/20 this Sunday. We’ll have SNF on! RSVP here: https://lnkd.in/g2XZ3QFy #fantasyfootball #vgs #money2020
$1,000. That's how much the Fintech & Friends Charity Fantasy Football League has given to charity through Week 5! 🎉 In this league, every week the highest- and lowest-scoring teams each earn a $100 donation to the charity of their choice, courtesy of VGS Week 5 Results: ⬆️ Team Taco Corp - $100 for UNICEF ⬇️ Team Batman - $100 for Big Brothers Big Sisters of America Taco Corp takes the top spot this week, and Batman shows that even the Caped Crusader has an off week. 🦇 Stay tuned for Week 6 results! 🏈 #GivingBack #FantasyFootball #FintechEvents #VGS
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Thank you to Katie Kirsch and Andreessen Horowitz for spotlighting VGS, our growth, and the people making it happen. 👏 Mahmoud Rusty Abdelkader and Marshall Jones started VGS to help businesses protect sensitive data and focus more on building products. Today, that mission drives our work across digital and agentic commerce infrastructure. If you're looking to join a team where people take ownership, have access to leadership, and understand the business they’re helping build, VGS is the place for you. We’re hiring across engineering, product, partnerships, and technical support, including roles shaping the future of agentic commerce. Read the full feature: https://lnkd.in/gxUWNvBu Check out our open roles: https://lnkd.in/gsndniKj #VGS #AgenticCommerce #Payments #Hiring
If you’ve bought anything online, then chances are, you’ve benefited from VGS. Behind the scenes, this is the company that keeps your credit card number safe when you pay online by storing your number in a secure vault. The company has raised $104M in total funding, with Visa and Goldman Sachs as strategic investors… and they’re hiring:
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Join VGS's Melissa Shields for the session, "Identity in the Age of Tokenization," on the Money20/20 Exchange Stage next Tuesday at 2:20 pm! Together with Debbie Guerra (Arrive), David Kelts, and Rodger Desai (Prove), Melissa will dissect the landscape of token formats and their practical applications (COF network tokens, eCommerce tokens, agentic, etc.) and address how to balance tokenization with visibility and UX. 👏 📅 Date: Tuesday, October 20 ⏰ Time: 2:50-3:15 PM 📍 Location: Exchange Stage, 🔗 Full session details: https://lnkd.in/gEuSfnX7 Can't make the panel, but interested in exploring this topic more? Connect with Melissa and the VGS team while you're in Vegas: 🤝 Book a meeting: https://lnkd.in/gqddyx2W 🥂 Register for our HH on Sunday and Tuesday: https://lnkd.in/gAFqwW7U #Money2020 #Tokenization #DigitalIdentity #Payments #AgenticAI #Fintech #VGS
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