Payment Data Management
Payment and account information is securely collected, validated, encrypted, and stored.
The Finexio Portal provides full visibility to track down the path of a payment and ensures that payment data is error-free and reliable for reporting
Finexio ensures provided payment information is complete and valid in order to reduce risk and prevent late or dropped payments
Finexio validates billing information, ensures supplier banking data is protected and secured safely, and detects, responds, and eliminates inherent and residual money laundering, terrorist financing, and fraud-related risks
Finexio deploys security systems, processes, controls, and safeguards to ensure the integrity of Finexio's data processing systems
Finexio is committed to keeping your payments secure with bank-level security.
Finexio reduces human error by taking on collecting sensitive supplier banking information
Finexio completes address validation, bank account validation and performs OFAC & AML compliance sanctions screening to prevent fraud and reduce risk
Finexio ensures that sensitive supplier banking data is protected and stored safely
Finexio hosts, manages, and has database security backups within Amazon Web Services (AWS), and has security measures in place, such as platform security, email security, and platform security
SOC 2 Type 1
Virtual Card Security
Payments Audit Trail
-Stephen Krieger, CFO at ViCon Construction, LLC