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How Distributed Databases Drive the Digital Boom in ASEAN: Insights from OceanBase

Fintech News

Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade. For DANA and GCash, OceanBase helped scale their database needs to meet rapidly growing customer demands as their user bases experienced massive growth.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.

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European fintech myPOS completes first acquisition to strengthen presence in France

The Payments Association

This move solidifies myPOS’s position as a payments service provider, addressing the unique challenges small and medium enterprises (SMEs) face. myPOS, the London-based fintech platform that pioneered instant settlement, has announced its acquisition of Toporder, a leading French cash register company.

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Databases Don’t Store Intelligence — Getting Past AI Misconceptions

PYMNTS

In fact, financial institutions being financial institutions — those large, complex creatures that in many cases are the products of mergers and acquisitions — there is a dearth of labeled, “clean” data to go around. Databases do not store intelligence,” Adjaoute told Webster during the discussion, which took place Wednesday (Jan.

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Bridging the Gap in Modern Data Management

Fintech News

The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions. This database system combines the scalability of distributed systems with the efficiency of centralised architectures. This enhancement was crucial for a company that had rapidly grown since its inception in 2019.

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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

This involves analyzing transaction patterns and cross-referencing merchant data against global sanctions lists or politically exposed persons (PEPs) databases. This review checks the terms of service, refund policies, product listings, and whether any prohibited items are being sold.

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Slice Uses APIs To Take A Bite Out Of Address Verification

PYMNTS

Address verification and validation technologies have emerged to help co mpanies ease these issues. These tools help fix incorrect addresses and autofill data to save time, spare customers frustration and reduce the rate of cart abandonment, for example. Slice Makes The Case For Address Verification. About The Tracker.