ezidox strengthens security credentials in open banking era

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.