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What to Know About Tokenization

Basis Theory

This means organizations introducing AES-256 will need to ensure their systems, applications, and databases account for ciphertext lengths that may exceed, for example, the original 16-digit card number. Register for a free account and check out our Getting Started Guides to begin testing a tokenization platform. Return to Top

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Reuse identity, reduce friction: up to 5X faster verification of trusted customers & users

The Payments Association

ID-Pal Once intelligently recognises returning users and streamlines the identity verification process into just seconds by performing an accurate, secure and real-time liveness check. ID-Pal Once ensures that only genuine, verified identities are reused and, importantly, doesn’t use humans to access the data.

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Banking on Intelligence: The Global Sprint to AI Maturity in Finance

Finextra

Use Cases and Impact U.S. banks are applying AI in a range of use cases. On the risk and operations side, common uses include fraud detection, anti-money-laundering pattern detection, credit risk scoring and trading optimization. finance leaders cite fraud and risk management as areas in which they use AI.

AI
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OpenPayd and Circle to offer fiat–stablecoin payment network

The Paypers

According to OpenPayd officials, the addition of stablecoin capabilities is intended to support business use cases such as treasury management, global payouts, and digital asset services. For more information about OpenPayd, please check out their detailed profile in our dedicated, industry-specific Company Database.

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Top 100 Fintech Tools and Platforms for Businesses

Fintech Review

Unit A banking-as-a-service platform that offers APIs for checking accounts, cards, payments, and lending infrastructure. Weavr A plug-and-play embedded finance platform designed for non-financial companies, with ready-made use case templates. Best for : SaaS platforms adding financial services for users.

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QwikPay partners with iDenfy for compliance and security

The Paypers

iDenfy’s solution is designed to validate user identities in seconds using document analysis, facial recognition, and NFC chip reading, supporting over 3000 document types from more than 200 countries and territories. To use the identity verification, users simply upload a government-issued ID and take a selfie.

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Medius launches Medius Payments

The Paypers

More information on Medius’ product launch According to the official press release, Medius Payments was designed to build upon the existing Medius Pay solution, and it aims to support multiple payment methods across the United States, Europe and the rest of the world, including ACH, SEPA, BACS, CHAPS, BankGiro, wire, checks, and virtual cards.