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ezidox strengthens security credentials in open banking era - TechInvest Magazine Online

Written by Staff Writers | Oct 15, 2020 11:33:13 AM

ezidox, Lakeba Group’s FinanceIQ venture for automating the submission, curation and verification of digital documents and personal information, is now compliant with the Payment Card Industry Data Security Standard (PCI DSS). This global standard aims to protect the integrity of sensitive cardholder information.

Already SOC 2 Type II compliant, ezidox ensures information collected through its cloud-based platform is handled in a secure and auditable manner. This has been a critical component for the platform to be used by the financial services sector, particularly lenders and brokers. Enabling the collection, storage and exchange of documents to process finance applications quickly and securely.

With PCI DSS, ezidox has bolstered its financial compliance for the collection and storage of payment card information. Enabling ezidox to provide the most secure platform for collecting and curating the information needed for frictionless financial interactions between financial institutions and service providers.

“ezidox has been supporting the financial sector for several years. Now, with PCI DSS, we’re enhancing our services with expanded security. Giving us the ability to store credit card data within our platform,” says Telly Desillas venture lead at ezidox.

“We’ve been in discussion with financial institutions on how we can further support them as we move into the era of Open Banking. Achieving SOC 2 Type II and PCI DSS compliance is the first step in providing a secure platform to collect, protect and store digital financial documents. Safeguarding both our customers and our customers’ customers from data breaches.”

ezidox already securely collects, curates and verifies over 60,000 SOC 2 Type II compliant transactions for more than 500 financial services providers. PCI DSS means even more financial institutions, fintech platforms and neobanks can trust ezidox with sensitive financial information.

“In the era of Open Banking, being SOC 2 Type II and PCI DSS compliance bolsters our security credentials to handle sensitive data. These two rigorous compliance requirements are necessary to provide a reliable service to Australia’s biggest financial services providers. This qualifies us further in becoming an Open Banking service provider of choice, able to handle Australian’s personal information at scale,” says Desillas.

For more information, visit www.ezidox.com.

About ezidoxTM

ezidoxTMis part of Lakeba Group’s FinanceIQ portfolio of ventures, dedicated to eliminating frictions from financial interactions through intelligent and secure digital technologies. ezidoxTMautomates the document chase. Securely collecting, chasing and chasing documents through its digital document platform. Launched in 2015, ezidoxTM more than 500 firms in Australia, including several of Australia’s leading financial institutions, use the platform for the collection and curation of documents, automating the document chase for good.

About Lakeba Group:

Lakeba Group is a privately held global venture catalyst firm. It accelerates technology ventures which eliminate the frictions caused by analogue transactions across retail, finance, property and technology. Engaging the intelligence of the masses, the global capacity and distribution of its partners and the proven skill and experience of its team to convert industry needs into commercially successful businesses. Since its launch in 2013, Lakeba Group has conceived, created and commercialised 13 ventures across its MachineIQ and FinanceIQ portfolios.