XPollens compliance index

Overview of Xpollens

Xpollens is a leading B2B SaaS provider known for its ability to enable companies to launch financial services swiftly and seamlessly. The company's innovative solutions and advanced platform allow businesses to extend their services to a broad range of financial operations - enabling widespread customer engagement and increased revenue streams.

History of Xpollens

Launched by the French multinational financial services company Société Générale in 2018, Xpollens is a part of the bank's ambitious 'Open Innovation' business unit that aims to create a collaborative ecosystem with start-ups, FinTechs and Large Corporates. This full 'Banking as a service' provider has paved the way for a new era of agile financial services. Through its parent company's vast banking heritage, Xpollens boasts credibility and experience, setting it apart in the fast-paced Fintech industry.

Typical Data Processed by Xpollens

Being a next-gen banking solution provider, Xpollens handles a wide range of data notably related to financial transactions, including account balances, transfer details, loan-related information, and customer financial history. Moreover, as part of its operations, Xpollens processes customer data such as personal identification information, contact details and device information to provide a personalized user experience.

Operational Regions

Headquartered in France, Xpollens operates primarily within the European markets, with a special emphasis on delivering compliant solutions across different countries. As a global provider, Xpollens focuses on eliminating financial borders and connecting businesses across continents.

Key Features of Xpollens

Among the distinguishing features of Xpollens are its White Label front office and its high-tech banking and payment components. It also focuses on speedy deployment, offering an assemblage of banking products that can be integrated quickly. Xpollens also provides real-time analytics and superior risk control mechanisms. Their "Plug&Play" solution integrates seamlessly into existing systems allowing companies to increase their own product line easily and efficiently.

Importance of Vendor Monitoring and Comparison

From a data compliance perspective, monitoring and comparing a vendor's capabilities, such as Xpollens, becomes crucial for businesses. While sharing sensitive customer and financial data with a third-party tool, businesses must ensure that they uphold the highest privacy standards, are GDPR compliant, and maintain the integrity of the shared data. Hence, periodic and systematic comparison can help to identify which vendors deliver the best data compliance frameworks, ensuring the safety and soundness of business data. It is also vital in ensuring that the vendor's services align with the business's evolving needs and industry standards.