Others focus solely on consumer convenience. Some companies focus solely on data security. The security/convenience balance requires a lot of careful planning, design, and a secure platform designed for that balance. Virtual StrongBox knows the stakes are high. To thrive and survive, financial institutions need to make it easy and hassle-free for the consumer to do business with them. Financial institutions are faced with the challenge of ensuring the security of customers’ information and at the same time providing the ability for customers to do business when, where and how they want. Balancing security and convenience while attempting to digitally transform is tough in any industry. Virtual StrongBox addresses one of the biggest innovation challenges in Fintech – the balance of security and convenience. The Company’s patents, security and private cloud infrastructure solve the Federal Financial Institutions Examination Council (FFIEC) risk considerations in file exchange and transform the secure file exchange experience with an easy-to-use, responsive design.Lenny Giambalvo (Chief Technology and Product Responses below are by Ron Daly. is a leading private cloud secure digital vault platform that enables the collection, protection and exchange of sensitive data and Personally Identifiable Information (PII) for financial service firms. Additional information is available at About Virtual StrongBox We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. Jack Henry TM (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. VSB successfully launched our digital vault plugin in May 2023.” “Both were extremely helpful in the QA and client testing of the VSB/Banno integration. Banno provided both web and mobile development platforms to test with,” said Lenny Giambalvo, Chief Technology and Product Officer of Virtual StrongBox. “The Banno Digital Toolkit enabled VSB to develop a secure connection to our digital vault platform and build a custom dashboard card for First Bank & Trust Company. Regardless of size, documents and folders seamlessly move between the end users’ digital vault and the organization’s larger digital vault without leaving their encrypted state. The platform then transforms the file exchange experience and enables the secure exchange of Personally Identifiable Information between the end user and the financial institution. Virtual StrongBox’s digital vault platform allows consumers and business accountholders to securely store sensitive documents and files with their trusted financial institutions. This integration contributes to Jack Henry’s growing ecosystem of over 850 fintechs, providing approximately 8,000 financial institutions with relevant financial products and services for their accountholders. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Virtual StrongBox to integrate directly into the digital banking platform, providing a seamless banking experience. Virtual StrongBox leveraged the Banno Digital ToolkitTM, the same set of APIs the Banno Digital PlatformTM is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. First Bank & Trust Company ($3.1B in Abingdon, VA) is the first Banno client to deploy the solution. Lenny Giambalvo, Chief Technology and Product Officer of Virtual StrongBoxĬHARLOTTE, NORTH CAROLINA, USA, May 25, 2023/ / - Charlotte, NC, – Virtual StrongBox, a leading secure digital vault platform provider for financial institutions, announced today that its consumer-facing and business banking digital vault platform is now accessible through the Jack HenryTM digital banking platform.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |