The audit report serves as third-party validation, demonstrating Finzly’s ability to manage customers' data with the highest standard of security & compliance.
Finzly, a pioneer in banking and payment technology, announced today that it has achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Finzly provides enterprise-level security for customers’ data secured in the Finzly System.
Finzly offers a single API that connects with all payment rails in the U.S., including Fed ACH, Fedwire, RTP, the FedNow Service and SWIFT. Finzly enables financial institutions to adopt cutting-edge payment and FX solutions, in addition to enabling them to be able to provide Banking as a Service(BaaS).
Finzly was audited by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting in the US and Canada. It provides risk management and assurance services which include but is not limited to SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR. For more information about Prescient Assurance, you may reach out to them at info@prescientassurance.com.
An unqualified opinion on a SOC 2 Type II audit report demonstrates to Finzly’s current and future customers, that they manage their data with the highest standard of security and compliance.
About Finzly: Finzly provides the financial infrastructure for Banks, Fintechs, and Businesses to offer and access financial services in an open, connected, real-time, and embedded ecosystem. Finzly’s operating system for banks, FinzlyOS, acts as a parallel core platform and is modern, cloud-based, real-time, and API-enabled. With an array of readymade banking solutions including a multi-rail payment hub (ACH, Fedwire, RTP, FedNow, and SWIFT), foreign exchange, KYC, Risk, Compliance, and a suite of customer treasury experience components, Finzly allows the building of programmable banks, also offering a platform to launch Banking as a Service to fintech partners and corporate customers. To learn more, visit http://www.finzly.com.
"Finzly believes that our relationship with customers must be built on trust- a trust bolstered by our best-in-class technology and assurance of compliant, secure and responsible solution. The SOC2 compliance audit by an independent auditor formalizes and proves our commitment to customers' data security."
Aarthie Ramachandran, COO - Finzly