PYMNTS

JULY 29, 2016

T he European Commission would like to create a central database of digital currency users to prevent terrorist financing and money laundering – for the obvious reasons. A lthough the Australian dollar is only traded on two exchanges and both are low in bitcoin volume, less than 2,000. But Europe might like to make it less so.

Database 45

Database Bitcoin Money Laundering Cryptocurrency 45

PYMNTS

SEPTEMBER 12, 2016

The result is that banks are working together and forging new relationships in efforts to render the database technology underlying bitcoin bank-friendly. A database system such as blockchain with irreversible trades means that fat-finger trades, where a user might add a zero to a transaction accidentally, have the potential to cause losses.

Blockchain 76

Blockchain Database Bitcoin Central Bank 76

PYMNTS

FEBRUARY 28, 2020

” An announcement from the Committee said that “blockchain is a powerful new technology that creates a distributed digital ledger – a database – that allows multiple parties to engage in secure, trusted transactions with one another without an intermediary.”

Blockchain 99

Blockchain Small Business Cross-Border B2B 99

PYMNTS

AUGUST 13, 2020

It also enables organizations to take advantage of competition between leading service providers, and to shift a higher volume of transactions or workload to different providers as they lower prices. While cloud service providers will often provide hardware resources, institutions must ensure the databases are cloud agnostic.

Third-Party Service Provider 133

Third-Party Service Provider Payments Service Provider Volume 133

Nanonets

NOVEMBER 18, 2024

Costs that scale poorly for large volumes 3. 8 Tungsten Capture High-volume document scanning 4.3/5 Database matching for data verification 7. On the other hand, the research also revealed that the platform falls short when it comes to: ➡️ 1. Accuracy when processing handwritten text 2. 5 No Pay-as-you-go ($1.50

Volume 52

Volume Automation AI Process 52

Segpay

AUGUST 27, 2024

With just four months left in 2024, we are all looking ahead to ways to increase volume during this last quarter of the year. Optimize Your Performance The best and easiest place to increase volume is with your active member base. Lastly, scan your database for card expiration dates. This is a great option to keep rebills going.

Alternative Payment Methods 105

Alternative Payment Methods Processors Volume Service Provider 105

PYMNTS

MARCH 5, 2020

Virgin Media announced Thursday (March 5) that the personal details of 900,000 customers had been accessed by a third party as the company left a marketing database unsecured for months, according to the Financial Times. as of late due to the sheer volume of customers affected. as of late due to the sheer volume of customers affected.

Database 53

Database Breach Data Breach Volume 53

PYMNTS

DECEMBER 26, 2018

Patent and Trademark Office, which describe the use of blockchain technology to enable high-volume B2B transactions and enable digital signatures on individual payments. “The industry comes back down to earth on Amazon QLDB [Amazon Quantum Ledger Database] a bit.

Blockchain 80

Blockchain Cross-Border B2B Payments 80

PYMNTS

APRIL 21, 2020

But, as Ariff Kassam, chief technology officer of distributed SQL database company NuoDB , told Karen Webster, legacy core banking systems can get in the way. He said such debt is a natural accumulation that gets a little weightier every time a company puts in a new system or databases are deployed on-premises.

Database 83

Database Mobile Banking Acquirers Technology 83

Nanonets

APRIL 14, 2023

Traditionally, this term referred to the manual process of examining paper or electronic documents and entering data into databases. These tools can then extract data from these documents and turn them into structured data that can be easily integrated into databases and other systems.

Process 98

Process Automation Database Legal 98

CB Insights

FEBRUARY 12, 2019

Time Series Databases. The growing volume of time-stamped data from IoT devices is reviving interest in the decades-old database system. In 2019 and beyond, most enterprise data will be time-stamped data types that work especially well with time series databases. Graph Databases. Source: Jules Bartow.

Database 55

Database CHIPS Automation Origination 55

Nanonets

JANUARY 17, 2024

The system will then validate the extracted data against predefined rules and databases. This could include checking policy details, confirming accident details with third-party databases, and verifying cost estimates. This saves costs with no in-house infrastructure upgrades needed for growth in claim volumes.

AI 59

AI Process Database Fraud Detection 59

Fintech News

FEBRUARY 15, 2024

The development of Layer 2 blockchains like Polygon and Arbitrum, along with alternative Layer 1s such as Solana, is facilitating higher transaction volumes per second, while reducing associated fees, paving the way for widespread adoption.

Innovation 120

Innovation FinTech Cross-Border Payments Cross-Border 120

Fintech News

FEBRUARY 21, 2024

Inquire about volume commitments, transaction costs, additional service fees, and the potential for expanded functionality without extra development. Compare the shift from CapEx to OpEx with potential on-premise costs, including hardware, data center setup, technical resources, and license fees. System administration.

Payment APIs and Integration 107

Payment APIs and Integration PCI DSS Payments Compliance 107

The Payments Association

OCTOBER 3, 2024

Banks increasingly turn to SaaS-based platforms, which provide more control over operations, enhanced security, and flexible scaling as payment volumes grow. Additionally, outsourcing fraud management as a service reduces costs for the financial institution and ensures that databases, rules, and learning models are always up to date.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

PYMNTS

NOVEMBER 3, 2020

CPS has built a database of “over 20,000 virtual card and enhanced ACH accepting suppliers,” while also tallying more than 160 enterprises across a range of sectors, with a concentration in healthcare, education, government, media, and hospitality, the companies said.

Push-to-Card 56

Push-to-Card ACH Reconciliation B2B 56

VISTA InfoSec

JULY 5, 2023

Personal health data, a compilation of information related to a patient such as their Names , Birthdates , Social Security Numbers , and other medical record data , is used to identify their medical history and records stored in a database. This information is crucial in providing accurate and personalized medical care to individuals.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

PYMNTS

JUNE 11, 2020

Individuals use their smartphones or other specialized scanners to take pictures of documents, such as driver’s licenses or state-issued IDs, and scan their faces, fingerprints or irises and upload these images into a database.

AML 74

AML Legal Compliance Verification 74

Finovate

SEPTEMBER 5, 2024

The company is able to reduce development time, minimize maintenance costs, offer scalability and ensure uptime because it built its own web server, database, and messaging layer from scratch in-house. Morgan Stanley invested an undisclosed amount in the New York-based company.

On-Demand 59

On-Demand Database Volume FinTech 59

Nanonets

APRIL 4, 2023

Firstly, MySQL is a powerful open-source database management system that provides a scalable and reliable solution for storing and managing large volumes of data. Despite the many benefits, importing excel data into MySQL can come with a plethora of challenges, such as data formatting, mapping, and database design.

Database 52

Database Automation Process Use Case 52

The Fintech Times

MARCH 26, 2024

For example, a property policy may have historically required physical inspections, but now that same information might be available directly from public or private third party databases. “We have been able to scale while giving underserved customers the personalised guidance and expert solutions they need.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

CB Insights

FEBRUARY 21, 2019

We used the CB Insights database to identify 65+ startups disrupting the beer industry and organized them into 10 categories, from bar tech to delivery platforms. Craft Beers — These startups are independently owned and produce lower volumes of beer than big brands such as Heineken. Look for Alcohol Tech in the Collections tab.

Database 78

Database On-Demand Research Product 78

Nanonets

JUNE 14, 2023

Limitations: This method is time-consuming, especially with large volumes of emails. We provide a robust, automated data extraction platform that can handle large volumes of emails, reduce human error, and save valuable time, all without requiring any technical expertise. This is where Nanonets comes into play.

Automation 98

Automation CRM Rules Addressing 98

The Fintech Times

SEPTEMBER 14, 2024

. “Currently, the adoption of AI centres around assisting with often mundane tasks: that is, for example, using a large language model to help speed up written tasks such as reports and filings; using AI to help score and prioritise surveillance alerts; and looking for patterns and relationships across large volumes of unstructured data.

Compliance 106

Compliance AI Process Suspicious Activity Report (SAR) 106

Segpay

DECEMBER 13, 2024

As organizations increasingly handle large volumes of data, they face the challenge of balancing robust identity management with data privacy regulations. In identity management, this right is challenging, particularly if a users information is stored in various authentication databases.

Privacy 105

Privacy Compliance CCPA Authentication 105

Nanonets

JUNE 8, 2023

Introduction to Airtable Airtable is a versatile tool that integrates the simplicity of a spreadsheet with the power of a database, and has dramatically altered the landscape of collaborative work. One key feature that stands out in Airtable is its powerful relational database functionality. What is Airtable good at?

Database 52

Database Automation CRM API 52

PYMNTS

JUNE 19, 2017

Touching on same-day ACH, Gurz noted that scale remains important in the industry, as the multiple settlement windows that are part of that initiative are “very controlled … and at this point it’s still a pretty small volume. So the workflows in the back offices, and technology, did not change that much.”

Real Time Payments 64

Real Time Payments Faster Payments ACH Same Day ACH 64

Segpay

JANUARY 10, 2025

Unusual Transaction Patterns : Spikes in sales or transaction volumes can alarm processors and trigger account reviews. Online Gaming : High volumes and strict compliance demands. If you are using a managed payment service, determine if you have rights to export your customer database.

Processors 52

Processors Accounts Payment APIs and Integration Risk 52

Nanonets

JULY 14, 2023

Data dump - once the information has been extracted it needs to be stored in a retrievable format like A database An excel sheet An ERP system. The company, having automated the process of entering this data into a database, can also now retrieve this information anytime. This same volume of paper is also going to require 2.5

Automation 98

Automation Process Payment APIs and Integration Database 98

Nanonets

AUGUST 23, 2023

And unlike humans, these tools can process large volumes of documents in a fraction of the time without the risk of errors. It could be exporting the data to your ERP or CRM system or updating your databases. Challenge 2: Difficulty handling high volumes of data As your business grows, so does the amount of data you must process.

Process 97

Process AI Payment APIs and Integration Compliance 97

PYMNTS

MAY 5, 2020

aims to forgive loans for SMBs provided they do no lay off any workers, but the sheer volume of new applications has put a burden on the FIs that issue these loans. The Paycheck Protection Program (PPP) in the U.S.

API 80

API B2B Payment APIs and Integration Payments 80

PYMNTS

NOVEMBER 14, 2019

That’s the payments volume running over Visa ’s global network, a network whose vast global expanse is a tempting playground for cyberthieves. And in illustrating the ultimate lines of defense against hackers, Seshadri said, payment account information in a database can be rendered unusable to unauthorized parties.

AI 84

AI Transactions Phishing Cybersecurity 84

Nanonets

AUGUST 21, 2024

Introduction Retrieval-augmented generation (RAG) systems are transforming AI by enabling large language models (LLMs) to access and integrate information from external vector databases without needing fine-tuning. The database returns a list of the top documents or data snippets that are semantically similar to the query.

Database 52

Database Returns Process AI 52

PYMNTS

JUNE 13, 2017

VoltDB’s cloud-friendly, in-memory database also enables companies in the telecommunications, financial services, ad technology, gaming and other sectors to meet data management challenges posed by the fast-evolving Internet of Things. Jepsen is famous in the database industry for finding undiscovered problems with distributed systems.

Database 44

Database On-Demand Volume Process 44

Nanonets

APRIL 30, 2024

In today's digital-first age, the volume of data managed and processed by organizations has skyrocketed, making efficient data extraction techniques more crucial than ever. The final extracted data needs to be sent to a downstream business software or stored in a database.

AI 52

AI Due Diligence Automation Use Case 52

PYMNTS

MAY 22, 2017

The company created Neo4j — an open-source graph database technology that has become the world’s leading graph database — in 2007, and the technology now serves over 200 clients including eBay, Walmart, IBM, and NASA. It stores, processes, and queries connections faster than SQL-powered relational databases.

Technology 40

Technology Database Fraud Detection Use Case 40

PYMNTS

JUNE 12, 2020

This week, PYMNTS reported that the United Kingdom’s National Health Service (NHS) provided Palantir with volumes of personal information, according to the 37-page contract that was published online. The pandemic has boosted Palantir, particularly with businesses using the products to help determine how to reopen.

Technology 52

Technology Database Privacy Governance 52