Fintech Provider Quavo Fraud & Disputes Announces Completion of Third-Party PCI Assessment prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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EAST LANSING, Mich., May 17, 2021 /PRNewswire/ Earlier this month, financial technology provider Quavo, Inc. announced that the company received their Service Organization Control (SOC) 2 Type 1 Compliance Certification. This certification reinforces Quavo s service commitments and confirms that all system requirements were achieved based on the trust services criteria relevant to the security standards set forth by AICPA. The announcement comes as part of Quavo s dedication to implementing the importance of their client s security and safety.
SOC 2 is an auditing procedure designed to ensure that third-party service providers or simply service organizations can securely manage data to protect the interests and privacy of clients. In December, the internal IT, Finance, and HR Quavo teams began working diligently to enhance its overall data security policies. As of April 28, 2021, the company received the issued report and is officially SOC
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EAST LANSING, Mich., Jan. 12, 2021 /PRNewswire/ Last week, financial technology provider Quavo, Inc. stated that it is instituting a minimum livable wage for all full-time employees. This announcement comes as part of Quavo s commitment to assuring that no employee will or shall earn an annual salary more than six times that of any other employee. By decreasing their executive pay ratio, Quavo will be setting an example in an industry where the average CEO pay gap is around 70-to-1.
Co-founders Joe McLean, Dan Penne, Dave Chmielewski, and Rich Jefferson intend for the minimum livable wage policy to mark the cornerstone of Quavo s continued commitment to leading a more socially ethical company that supports and ensures security for all employees.