Charlotte, NC and Inglewood, CA (Feb. 9, 2016) – Business Data, Inc., which provides outsource delivery solutions for Web, Print/Mail and Archive, has partnered with Virtual Strongbox, Inc., an expert in financial data security, to jointly develop, market and deploy secure online document and file exchange solutions for BDI’s clients.
Virtual StrongBox’s patented encryption-at-rest data technology solutions are regulatory-compliant and remove financial institutions’ number one barrier to transitioning to the cloud. Financial institutions provide their customers with private, secure space in online “safe-deposit boxes” – branded as My Virtual StrongBox – where they can store important documents like deeds and wills. Only the customer has access to his StrongBox, but through the secure file-exchange solution, the bank or credit union and customer can share specific documents through a time-limited access code.
“This is a critical strategic relationship for us,” said Paul Holtzman, President/CEO of Business Data, Inc. “Virtual Strongbox offers the market-leading secure product that high-risk industries dealing with sensitive data require to transition their legacy technology and workflows to the cloud.”
Virtual StrongBox’s cloud technology not only takes security to a new level, but its secure file-exchange solution also eliminates the need to send documents via U.S. mail, email or fax. That saves time and money by streamlining back-office functions. Financial institutions and their customers can quickly exchange mortgage documents, loan apps and other files, which are often paper- and time-intensive.
“We’re excited to collaborate with BDI and eager to help the company expand services to its clients,” said Ron Daly, Founder and CEO of Virtual StrongBox. “BDI is a leader in the electronic document arena for banks and credit unions, so this alliance is a natural fit for both companies.”
Both Holtzman and Daly say they believe there is no better place than customers’ financial institutions to keep their critical documents. The Virtual StrongBox solution improves on the traditional bank safe-deposit concept by making it available to customers on their smartphones, tablets or desktop.
About Business Data, Inc.
Business Data, Inc. is a privately-owned service organization that specializes in document composition and delivery solutions across Web, Mail and Archive channels. From critical financial documents and direct marketing to daily communications, we provide cost-effective solutions to uniquely address the needs of each of our customers. The company is a leader in electronic statement (eStatement) features with transpromo (targeted) marketing options to meet every campaign requirement … including important initiatives for mobile statement presentment.
To learn more, visit www.businessdatainc.com or call (855) 234.2255.
About Virtual StrongBox, Inc.
Founded in 2011, Virtual StrongBox, Inc. is known for protecting personal data the “financial institution way” and provides banks, credit unions and other organizations a host of automated file exchange and file storage services. With patented “encrypted-at-rest” document storage, secure forms, push & pull file exchange and e-signature capabilities, Virtual StrongBox stands apart in helping financial institutions automate processes, reduce manual intervention, enhance client services, and achieve significant cost reductions. Today, 265 clients serving 3.5 million consumers and business owners have access to Virtual StrongBox and are finding new ways to modernize their technology and reduce workflow costs.
To learn more, visit www.myvirtualstrongbox.com or call (704) 817-4588.