Borderless.xyz has announced the completion of its SOC 2 Type 1 certification, affirming its commitment to operational risk management and data security.
Significance of SOC 2 Type 1 Certification
Borderless.xyz has successfully obtained its SOC 2 Type 1 certification in its first year of operation. The certification confirms that the company applies industry-leading practices in data security, operational controls, risk mitigation, and compliance.
Comments from Borderless.xyz Leadership
Kevin Lehtiniitty, CEO of Borderless.xyz, stated: 'Our customers trust us to orchestrate collections, payouts, and remittances with our global payment capabilities and liquidity network. Pursuing SOC 2 Type 1 certification reflects our dedication to meeting and exceeding industry benchmarks for operational and cybersecurity controls. It’s the first milestone of many that provides our customers with the assurance that their data and transactions are managed in a robust, compliant, and risk-averse environment.'
About Borderless.xyz
Borderless.xyz is a leading global payments infrastructure company focused on facilitating transactions using internet native money, including stablecoins and real-world assets. The company operates across more than 50 countries and 23 currencies, aiming to create efficient money movement and drive the transition to onchain banking. Supported by Amity Ventures and notable executives.
The completion of SOC 2 Type 1 certification highlights Borderless.xyz's commitment to data security and adherence to operational standards, enhancing customer trust.