Crossflow further enhances platform security with SOC 2 certification

4th January 2022

Crossflow, the Working Capital Marketplace is pleased to announce that it has received SOC 2 certification from external auditors EY. This voluntary certification confirms Crossflow’s high standards of system security based around the five pillars of Security, Availability, Processing Integrity, Confidentiality and Privacy.

Crossflow is a Fintech that facilitates transactions between corporates, its suppliers and third-party institutional funding providers. The cloud-based platform utilises advanced technology to drive process automation incorporating high-grade data security and seamless integration with clients’ operational systems.

Tony Duggan, CEO at Crossflow commented “SOC 2 certification gives additional comfort to our clients, funders, and partners that we continue to deliver the very highest level of system security and transaction monitoring”.

About Crossflow Payments

Crossflow Payments is a technology driven alternative finance platform delivering an innovative supply chain finance solution to large corporates and their suppliers. Its unique payment platform improves working capital for businesses whilst providing suppliers with access to finance without the need for onerous personal guarantees. Crossflow is backed by a range of sophisticated institutional investors providing significant firepower, enabling it to play a crucial role in helping businesses seize opportunities for growth. The business is an effective industry ambassador setting voluntary standards on a range of issues including cyber security, funds segregation, payment authentication and Crossflows InvoiceProtect^TM minimising the risk of fraudulent transactions.