Disruptive Technology: How Businesses Are Adapting to AI, Blockchain, and IoT
Bankart is a card payments processing center headquartered in Slovenia that serves 23 banks and other institutions across six countries and in four different currencies. Bankart’s mission is to provide reliable, secure and cost-effective transaction processing services involving various bank payment instruments to its customers. Bankart processes on average 1.4 million transactions a day, so they needed a solution that could be implemented without interrupting the business or affecting service levels. Tokenisation offers protection without the performance pitfalls of classic encryption by preserving the format and utility of the protected data so that business applications and analytics can operate on tokens rather than sensitive data in the clear.