Stripe Connect also makes it possible for a company to quickly integrate a range of other systems with Stripe data.

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In an era when consumers and corporations are storing and accessing ever larger amounts of data, the IT world faces increasingly sophisticated attacks from hackers, fraudsters, phishers, identity pirates and data-bushwhackers of every stripe.

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The most common type of counterfeiting is called skimming, where the data on a card's magnetic stripe is electronically copied and used to make an illegal copy of a genuine card.

BBC: Two credit cards