PALO ALTO, Calif.–(BUSINESS WIRE)–Today, Skyflow announced Bjorn Ovick, a 20-year veteran of the fintech industry with previous executive roles at RS2, Visa, American Express, and Wells Fargo, has joined the company to lead business development around Skyflow’s data privacy vault for fintech companies.
Ovick will leverage his fintech expertise to drive Skyflow’s strategic partnerships with traditional financial technology companies as well as startups. In the rapidly changing fintech world, these companies face pressure to build innovative digital solutions while also maintaining consumer data privacy, data security, and regulatory compliance around highly sensitive personal and financial data.
What if Privacy had an API?
Skyflow’s approach to payments data and PCI compliance radically simplifies how companies manage, access and govern their sensitive data. The zero-trust data vault with an elegant API allows developers to quickly build financial applications and payments workflows without worrying about data security, privacy or data regulations. Skyflow’s fintech solution is fully PCI compliant, supports most financial services use cases out of the box, and can be deployed in a matter of hours.
Pre-built Integrations to Plaid and More
With pre-built, secure integrations to the larger payments ecosystem — including Plaid, Stripe, PayPal, i2C; Visa, Mastercard, and American Express; Experian, Equifax, and Transunion; and many more — Skyflow is ready for any fintech workflow or application.
Zero-trust Architecture for All Your PII
Companies that handle payments and personal data (PCI and PII) are subject to ever more sophisticated attacks, as well as increasing data compliance challenges like GDPR and CCPA. Although an abundance of cybersecurity products exists, data breaches and compliance problems are still common because these products act like patches on existing systems. The very largest companies spend tens of millions of dollars building their own zero trust data vaults; Skyflow makes this best-of-breed technology available to any company, via a simple API.
“Fintech startups and digital-first financial services companies face serious challenges managing sensitive data properly, while still being able to use it to deliver innovation to their customers,” said Bjorn Ovick, Skyflow’s Head of Business Development and Strategy for FinTech. “I joined Skyflow because I saw how their uniquely powerful data privacy vault solves this problem for their early customers, and I knew it was something the whole industry needed.”
“We built Skyflow around the idea that data privacy is as foundational to modern fintech companies as PCI compliance,” said Anshu Sharma, CEO and co-founder at Skyflow. “Bjorn’s deep experience and many connections in the fintech community will help us get that message to the broadest audience possible.”
About Skyflow
Founded in 2019, Skyflow is a data privacy vault for sensitive data. The company was founded by former Salesforce executives Anshu Sharma (CEO) and Prakash Khot (CTO) who wanted to radically transform how businesses handle users’ financial, healthcare and other personal data that powers the digital economy. Skyflow is based in Palo Alto, California, with offices in Bangalore, India. For more information, visit http://www.skyflow.com or follow on Twitter and LinkedIn.
The post Fintech Executive Bjorn Ovick Joins Skyflow to Grow Payments Data Vault Business appeared first on Cybersecurity Insiders.
April 01, 2021 at 09:15PM
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