Payment Data Management
& Security
Payment and account information is securely collected, validated, encrypted, and stored.
Payment Data Management
A trusted partner of some of the largest financial institutions, procurement, and accounts payable software.
Gain Visibility & Control
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
Reduce Liability
Finexio ensures provided payment information is complete and valid in order to reduce risk and prevent late or dropped payments
Prevent Fraud
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
Payment Security
Finexio deploys security systems, processes, controls, and safeguards to ensure the integrity of Finexio's data processing systems
Customer Payments are
Made Securely and Safely
Finexio is committed to keeping your payments secure with bank-level security.
Collected
Finexio reduces human error by taking on collecting sensitive supplier banking information
Validated
Finexio completes address validation, bank account validation and performs OFAC & AML compliance sanctions screening to prevent fraud and reduce risk
Encrypted
Finexio ensures that sensitive supplier banking data is protected and stored safely
Stored
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
Data Cleaning & Enrichment
Precise payment data for making fast and accurate payments
Payment data is always up-to-date and robust for reporting
Better supplier information to increase payment conversion
Payments Made Safely & Securely
SOC 2 Type 1
- Finexio has renewed its SOC 2 Type 1 Certification. Feel confident in the availability, security, and integrity of Finexio’s data processing systems
Transaction Monitoring
- Finexio complies with current and future regulation guidelines by detecting, investigating, and reporting on suspected money laundering or suspicious activity
Virtual Card Security
- Virtual cards are a one-time-use card that do not require suppliers to provide banking information, drastically reducing the risk of fraud
Payments Audit Trail
- The Finexio Portal provides full visibility to track down and understand the path of a payment for auditing purposes
“We chose Finexio not just for the revenue share, but for the ease of making payments and the security of those payments.”
-Stephen Krieger, CFO at ViCon Construction, LLC
