Provenir Announces Successful Completion of SOC 2 Type II Assessment for Information Security Practices

Provenir , a global leader in data and AI-powered risk decisioning software, today announced the successful completed of its latest Service Organizational Control (SOC) 2 Type II assessment.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, March 26, 2024
Information
Tags: 
Technology, Finance, Security, Fintech, Banking, Professional Services, Software, Data Management, Artificial Intelligence, SOC, AICPA, Certification, Type 2, Type, ISO/IEC 27001, American Institute, Fraud, Confidentiality, API, SOC 2, Privacy
Geotags: 
UNITED STATES, NORTH AMERICA, NEW JERSEY
Organisation: 
PROVENIR
Summary
Key Points: 
  • Provenir , a global leader in data and AI-powered risk decisioning software, today announced the successful completed of its latest Service Organizational Control (SOC) 2 Type II assessment.
  • 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 audit affirms that Provenir’s information security practices, policies, procedures, and operations meet rigorous SOC 2 standards for security, availability, and confidentiality.
  • “Successfully completing our latest SOC 2 Type II assessment along with our continued certification to ISO/IEC 27001 , reinforces Provenir’s commitment to information security,” said James Green, Compliance Manager, Provenir.


Provenir, a global leader in data and AI-powered risk decisioning software, today announced the successful completed of its latest Service Organizational Control (SOC) 2 Type II assessment.

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 II 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 users’ data in a highly regulated industry.

“Successfully completing our latest SOC 2 Type II assessment along with our continued certification to ISO/IEC 27001, reinforces Provenir’s commitment to information security,” said James Green, Compliance Manager, Provenir. “Our dedication and investment in information security and compliance demonstrates to our customers that the protection of their data is our highest priority.”

Provenir makes accessing data fast and easy. Through a single API, Provenir’s AI-Powered Risk Decisioning platform 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.

About Provenir

Provenir helps banks, fintechs and financial services providers unlock the secret to smarter credit risk decisioning.

Provenir’s AI-powered platform brings together the power of decisioning, data, and case management to drive intelligent 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 4 billion transactions annually.

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