Skyflow Fintech Privacy Vault accelerates product development for software teams
Summary
Skyflow announced a new zero trust data privacy vault that allows software teams to build and ship next-generation financial apps and systems faster. The vault is delivered as a simple API and supports a broad set of financial services workflows and compliance requirements, including money movement, customer onboarding, customer data management, card issuance, and card acceptance. “When fintechs build workflows that handle highly sensitive data, they must ensure that data is secure from breaches and attacks, compliant with all the relevant regulations, and only utilized in ways that preserve user privacy,” said Skyflow CEO Anshu Sharma. Instead, developers can implement cutting edge privacy infrastructure through a simple API and focus their time on customer-facing features that drive value and usage.” Every fintech company today builds systems and workflows for one or more of these key functions: “With pre-built integrations to customer onboarding and card issuance services, Skyflow is saving us a lot of time by completely isolating our environment from any PCI data,” said Alok Prasad, CEO of CashRepublic. The Skyflow innovations and key features that make these PII and PCI workflows easy to build while ensuring data privacy and security include: • New client-side SDKs for iOS, Android, and JavaScript built around Skyflow Elements, special APIs that make it easy to securely collect and tokenize sensitive data from within mobile or web apps.