Provenir Achieves Service Organizational Control 2 Certification for Information Security Practices
Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has successfully completed the Service Organizational Control (SOC) 2 Type 1 audit.
Developed by the American Institute of CPAs (AICPA), SOC 2 defines criteria for managing customer data based on security, availability, processing integrity, confidentiality and privacy. The Type 2 audit reviews a vendor's systems and if its design meets these relevant trust principles.
The audit affirms that Provenir's information security practices, policies, procedures and operations meet rigorous SOC 2 standards for security, availability and confidentiality. This independent validation attests to the strict internal controls Provenir has in place to protect user's data in a highly regulated industry.
"Achieving SOC 2 certification, along with our ISO 27001 Information Security Management System certification, reinforces Provenir's commitment tothe protection and safeguarding of data across our products," said Claire Hartley, Provenir Chief Compliance Officer and Data Protection Officer. "Our commitment to and investment in data security and compliance demonstrates to our customers that data protection is our highest priority."
Earlier this year, Provenir announced ISO/IEC 27001 certification, which provides evidence to a company's consumers, investors, and other interested parties that the organization is managing information security according to international best practices.
Provenir makes accessing data fast and easy. Through a single API, Provenir brings together a curated range of data and data solutions to enable businesses to make smarter decisions across identity, fraud and credit. This allows users to experience simplified data access, fully managed integrations providing access to a wide variety of traditional and alternative data, and insights to make smarter decisions across the whole customer lifecycle.
Provenir helps fintechs and financial services providers unlock the secret to smarter credit risk decisioning.
The company brings together the power of decisioning, data and AI to drive instant decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, access to financial services, business agility, and more.
Provenir works with disruptive financial services organizations in more than 50 countries and processes more than 3 billion transactions annually.
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