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NatWest and Mastercard Launch Mobile Virtual Card Solution for Business

The Fintech Times

.” The app will use Mastercard’s virtual card and tokenisation technology – replacing a cardholder’s sensitive data with a unique card number. This ensures that sensitive account details are not exposed, offering enhanced data security, accessible via one interface. Virtual cards are a great example.

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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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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches. This enables rapid scaling of new payment use cases, without duplicating risk exposure.

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What Are AI Agents? A Practical Guide for Accounting Teams

FloQast

Now that you understand what agents are, its time to look at their use cases. Use Cases of AI Agents AI in accounting is not new, although there have been significant advancements in recent years. Over 50% of companies use AI to varying degrees. In accounting, strategic use cases prove to be very beneficial.

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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. Use Cases and Early Benefits UK banks mirror global trends in AI use cases.

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Open Banking is the Key to Facilitating Better Payments: Eviden, Ordo and ByzGen Launch New Offering

The Fintech Times

With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring payments (VRP) offering. Furthermore, the expansion of VRPs is expected to reach full-scale implementation in the UK in 2025.

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Escrow and Trust Accounts in Legal Payment Processing

Clearly Payments

Built-In PCI and Data Security Compliance All payment processing meets security standards to protect sensitive client and payment information with PCI DSS. Legal Use Cases for Escrow & Trust Payments Trust accounts are used across nearly every area of law, and each practice has its own specific workflows.

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