Kani has has been granted ISO 27001 certification, the strongest possible global industry standard, and affirms the company’s ability to protect client data in the face of fast-evolving cybersecurity risks.
ISO 27001 certification is an important step in Kani’s growth journey as the team work with more clients worldwide. It’s award-winning data-agnostic reporting and reconciliation platform can ingest data from any processor or source and can reconcile complex and contrasting multiple data sets in minutes. Kani Payments’ SaaS platform empowers clients with enhanced and accelerated reconciliation, payment and regulatory / scheme reporting and customer fund safeguarding.
As the Kani platform handles vast datasets comprising millions of transactions from a multitude of payment processors, data security is paramount. The globally recognised ISO 27001 certification gives clients of Kani the assurance that their data is protected by the strongest information security protocols available.
The ISO 27001 certification process involved extensive and rigorous assessments and audits of Kani’s information security management systems and processes by Prescient Security, which looked at the company’s data security safeguards, risk management and governance frameworks. Kani was also required to show its ability to withstand and fend off cyberattacks, demonstrate competence in managing threats, and prove continuous and robust information confidentiality, integrity and availability before being granted certification.
After passing all audits, Kani was granted ISO 27001 certification covering customers’ reconciliation and data reporting, development, maintenance and support of the Kani software applications, business intelligence reporting, and fintech data consultancy. Following certification, Kani will also undergo periodic internal audits and surveillance audits by external bodies to ensure that these stringent data security standards are consistently maintained.
Aaron Holmes, founder and CEO of Kani Payments, says: “From its inception in 2018, enabling clients to meet their payments reporting, regulatory and compliance objectives has been a core driver of Kani. We know that clients are entrusting sensitive data to us, and data security requires relentless and continuous monitoring as new cybersecurity risks emerge.
“With this crucial certification in place, our clients and partners know they can continue to trust Kani to adhere to the highest global standards to protect their data, now and into the future. Gaining ISO 27001 certification is another fundamental proof point underlining our integrity and service stability for our clients, and forms an important part of our global expansion plans.”
Kani has been built by industry experts to do the heavy lifting of making complex data simple and standardised, helping fintechs, banks and payments companies alike to achieve effortless reconciliation and reporting, in addition to meeting scheme and industry regulations. To date, Kani has reconciled more than €24 billion in processed payments volume through its award-winning platform that can be used by financial institutions globally, and has forged relationships with companies including Transact Payments, PaySafe, IDT, Moorwand and Sodexo.
After announcing acceptance onto the Mastercard Start Path Global programme in 2022, Kani plans to build on this success throughout 2023 and beyond by bringing automation, accuracy and compliance to payments reconciliation and reporting to fintechs, acquirers and financial institutions worldwide.