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Atome Taps Ant Group’s OceanBase to Power Its Database Modernisation

Fintech News

Atome, a buy-now-pay-later provider, has partnered with OceanBase , a distributed relational database developed by Ant Group, to upgrade its database infrastructure. The move aims to improve performance, scalability, and security as Atome expands its digital financial services.

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What to Know About Tokenization

Basis Theory

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers.

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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. Ensuring adherence to legal and regulatory standards, such as PCI DSS (Payment Card Industry Data Security Standard) requirements.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Faster and often employed for securing large volumes of data (e.g., databases). Ideal for secure communications, such as internet banking or email encryption. Even if intercepted, the encrypted data cannot be accessed without the correct key. Email Communication : Securing sensitive information sent over email.

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

Finextra

Morgan Stanley rolled out a GPT-4 powered assistant for its financial advisors (to query internal research databases). Meanwhile, data privacy and model transparency are top concerns in the UK (as they are elsewhere). A few highlights: JPMorgan launched a ChatGPT-like internal tool (“IndexGPT”) to assist wealth advisors with research.

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Top 9 Amazon Textract alternatives for data extraction

Nanonets

Automated data validation and error checking 3. Database matching for data verification 7. ABBYY FlexiCapture ABBYY FlexiCapture ABBYY FlexiCapture is a powerful intelligent document processing platform that automates the capture, classification, and data extraction from a wide variety of document types and formats.

Volume 52
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Frollo launches Open Banking portal for mortgage brokers

The Paypers

Company officials said the new platform offers brokers a choice to adopt Open Banking as a safer and more efficient means of accessing client data. They added that traditional data-sharing methods are becoming less viable due to increasing industry focus on data security.