Medici Bank Launches Tokenized Accounts to Increase Security 

To increase privacy and account security, Medici Bank has built, tested, and now launched, the tokenization of account numbers (TANs).  By creating TANs, Medici clients can share their TAN without sharing their actual account number, reducing the risk of the account being compromised. Medici Bank’s TANs are persistent alphanumeric token numbers to be shared publicly and can be changed by request of the client. In the future, Medici plans to issue dynamic TANs which change on a regular, if randomized, basis.