Multilayer Security From Start to Finish
YOUR SECURITY IS OUR TOP PRIORITY
At borderless, we highly value security. That’s why we use a multilayer data protection approach at every step. With borderless, enjoy bank-grade encryption, industry-leading compliance standards, and a vast suite of tools to manage the security of your account.
borderless Secure Payouts Platform
Best-In-Class Compliance
Protect your data and build trust with industry-leading security and privacy controls
borderless follows all well-respected industry standards including SOC2® Type II certified, GDPR, EU-US Privacy Shield, and CCPA compliant.
- borderless is certified SOC 2 Type II compliant following the trust service principles set by the American Institute of Certified Public Accountants (AICPA).
- borderless is compliant with all industry-leading standards including GDPR, EU-US Privacy Shield, CCPA, and ISO 27001.
- Trust and security are our priority, so we're continuously monitoring developments and optimizing our processes to stay ahead of security threats.
End-to-End Privacy & Security
Enjoy bank-level security built-in at every step
borderless employs end-to-end 256-bit bank-level encryption, built-in tokenization of sensitive data, secure servers, and daily backups.
- Industry-leading 256-bit encryption and always on TLS with data encryption in transit and at rest.
- One way hashed API secrets and passwords.
- Automatic tokenization of sensitive data including bank accounts, card numbers, government IDs, and Social Security Numbers.
- Hosted on AWS, a leading infrastructure provider with best-in-class security, stability, and performance.
Customizable Account Monitoring
Tailor your account management with our robust suite of security tools
Protect your account with full compliance with global KYC/AML regulations, multifactor authentication, user-roles and permissions, and IP whitelisting.
- Automatically comply with global KYC/AML requirements.
- Implement two-factor authentication for your account and for the accounts of all your users.
- Select from a robust suite of user roles and permission levels including tailored access for developers, read-only, admin, owner, and standard.
- Whitelist approved IP addresses you trust and restrict access from other IP addresses.
borderless follows the best practices recommended in the ISO 27001 framework for its security processes.
borderless is GDPR compliant.
borderless is California Consumer Protection Act (CCPA) compliant.
It takes just two minutes to set up an account!
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Frequently Asked Questions
How is personal information protected?
Yes, our policies and procedures are designed to protect both your confidentiality and the security of your information. We store and process your personal information using servers located in secure data centers, which are protected by firewalls and have restricted access in compliance with applicable regulations. All data passed between borderless products, our servers and third parties are SSL encrypted. To help keep your finances and personal details safe, please do not share your login details, portal codes and passwords.
Do I have to store my clients' banking information?
You do not store any banking information limiting your data liability and increasing security. When users sign up to borderless, their banking information is stored using military grade encryption keeping everyone safe and secure. All you need to collect is their unique handle “@ClientName” or email address.
How does the money move?
borderless™ uses its own smart infrastructure, where we partner with multiple financial institutions and have access to local payment networks, Real-Time Payment system and the SWIFT network. Our smart multi-rail technology, debit your bank account and send the funds directly to the recipients bank account avoiding middlemen and their fees, saving you time and money. Bank to Bank payments.
How long does it take to get verified?
With borderless™ , we help reduce fraud and failed payments by verifying accounts. It may take between 5 to 10 business days to verify your business. You can start making and collecting payments as soon as your account is created, making the experience seamless for you and your clients.
Do you verify bank accounts?
Yes we do, and we do it to reduce fraud and failed transactions to keep your payments secure and seamless. In order to properly and swiftly identify the bank account, we collect and verify your bank account and routing number through an instant bank verification service using an encrypted connection. We also collect the name of whoever who owns the account, and if the account is owned by an individual or a company.