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What to Know About Tokenization

Basis Theory

Return to Top Comparing Payment Token Types The terms “payment tokens” and “network tokens” have several key differences in utility and flexibility. Both are used to mask sensitive payment data, but they do this in different ways and via different partners. Return to Top What does a tokenization platform do?

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

The Payments Association

The new reusable identity verification solution enables the secure reuse of verified identities for trusted customers, allowing returning users to complete verification up to five times faster, equivalent to an 80% time savings in an already seamless verification flow.

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

In a late 2024 cross-industry survey by SAS, banking and insurance executives reported the highest current usage of generative AI—60% in each sector are already using GenAI in some capacity, the top rate among industries. A global survey found that 98% of banking leaders either use generative AI now (60%) or plan to within two years (38%).

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DBS Banking Masterstroke Coming to an End Under Piyush Gupta

Fintech News

Since that year, they have been using it to drive business value, enhance customer experiences, and improve internal efficiencies. The bank currently runs over 800 AI models across 350 use cases , with an expected economic impact exceeding SGD $1 billion by 2025. The customer base, once modest, expanded to an impressive 18.5

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Tink Hits 10,000 Merchant Milestone for Open Banking Payments

Fintech Finance

These landmark numbers show that 2025 will be a critical turning point for open banking solutions like Pay by Bank as use cases grow and expand into more markets. Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank.

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Why closed-loop payments are ideal for boosting loyalty

Finextra

Customers return not because they’re trying to “work the program,” but because it just works, and that too effortlessly. When your customers realize that every payment they make provides some value in return, then they are likely to choose your business repeatedly. That’s how closed-loop transactions create value.

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What Is an ACH API and How Does It Work?

Stax

Let’s say you manage 50 residential properties and you need to collect rent from tenants each month using ACH. You will also need to manually handle ACH returns or rejections due to issues like incorrect account information, closed accounts, or insufficient funds. What Are Some of the Use Cases of ACH?

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