Capital One Financial (COF) said Thursday its B2B software subsidiary, Capital One Software, launched the Capital One Databolt tokenization service to help organizations tackle data security issues.
The patented offering replaces sensitive business data with tokens to minimize exposure to data breaches while ensuring smooth application operability, third-party data sharing, and the integration of generative artificial intelligence, the company said.
Fintech company Early Warning Services is among the first users of Databolt services, it added.
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