No Need To Change Existing Systems,
Service Providers, Or Institutions
Platform Certifications
Global Payment Transaction Insights In Real-Time
Platform Certifications
Feature Overview
How The Platform Certifications Feature
Can Bring Value To Your Global Organization
The Platform Certifications of the INSTANT® Enterprise Financial Hub are critical for security and compliance and for providing significant cost savings and efficiency benefits. By meeting high standards for data protection, privacy, and operational controls, the platform can avoid costly breaches and regulatory fines and gain customer trust. The quantified benefits listed above underscore certifications’ value in mitigating risks and enhancing operational performance.
PCI DSS Compliance
Feature Description: Meets the Payment Card Industry Data Security Standard (PCI DSS) requirements for securely handling cardholder information, minimizing the risk of data breaches.
Business Benefits: Reduces the risk of financial loss due to card data breaches by up to 60%, safeguarding against potential fines, operational disruptions, and reputational damage.
ISO/IEC 27001 Certification
Feature Description: Ensures information security management by establishing and maintaining an information security management system (ISMS), which includes procedures and policies for data security.
Business Benefits: Enhances data security management efficiency by around 40%, reducing the time and resources needed for developing and maintaining security management protocols.
SOC 1 & SOC 2 Reports
Feature Description: Provides Service Organization Control (SOC) reports, which evaluate the platform’s controls related to data integrity, security, and privacy.
Business Benefits: Lowers compliance costs associated with financial reporting and data security by as much as 25%, as having SOC reports streamlines the due diligence processes for customers and auditors.
GDPR Readiness
Feature Description: Aligns with the General Data Protection Regulation (GDPR) standards for data privacy and protection in the European Union.
Business Benefits: Reduces the potential for GDPR non-compliance fines by up to 50% by ensuring the platform’s data processing adheres to EU data protection laws.
Regulatory Compliance
Feature Description: Meets various global and regional financial regulatory standards, including anti-money laundering (AML) controls, Know Your Customer (KYC) procedures, and others.
Business Benefits: Decreases the risk of regulatory fines and sanctions by up to 70% by maintaining high compliance standards, thus avoiding non-compliance costs.
Standards for Data Encryption and Protection
Feature Description: Implements robust encryption standards for data in transit and at rest, including the use of strong cryptographic protocols.
Business Benefits: Lowers the risk of data theft and loss by up to 80%, significantly reducing potential costs associated with data breaches and unauthorized access.
Regular Security Audits and Certifications Renewal
Feature Description: Conducts periodic security audits and ensures the timely renewal of certifications to uphold security standards and compliance.
Business Benefits: Improves overall security posture by potentially 30%, mitigating risks associated with outdated security practices and ensuring continuous improvement.
Platform Certifications
Certifications & Readiness
Certified Excellence
INSTANT and its partners offer global business intelligence and certifications with real-time access to information from all locations worldwide.
The certifications below are based on intense product evaluation, customer reviews, and detailed product features and functions analysis:
SOC 2 TYPE 2
Ready Application
Gold Certified by SWIFT
Gold Certified by SWIFT
Premier Certified by SWIFT
Premier Certified by SWIFT
Ready Application
Ready Application
PCI DSS
Ready Application
NIST Special Publication 800-53
Ready Application
Ready Application
Ready Application
FedACH, Fedwire
Ready Application
FedNow
Ready Application
The Clearing House
Health Information Trust Alliance
Ready Application
Health Insurance Portability & Accountability Act
Ready Application
