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Data Sheet

Managed File Transfer for Banking, Financial Services and FinTech

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Protect highly sensitive financial data, automate business processes and comply with strict regulatory requirements

 

Securely transfer files containing sensitive data to clients, regulatory authorities and external third parties. Whether your organization is seeking to create a more secure, reliable customer experience, gain new operational efficiencies or safeguard Personal Identifiable Information (PII) to meet strict data security compliance standards, Progress® MOVEit® can help.

Managed File Transfer Is Essential for Security

Protecting PII Data Is Critical
Is Your Sensitive Data Safe?

COMPLIANCE

Failure = Big Fines

Multiple Servers = Exposure to Unencrypted Data

REPUTATION

Failure = Lost Business and Damaged Brand

Home Grown Scripts = Reduced Visibility; Programming Errors May Lead to Leaked Data

CUSTOMER TRUST

Failure = Costly Lawsuits

Insecure Legacy FTP Servers = Unencrypted Data and Malicious Attacks by Hackers or Spyware

Why MOVEit For Banking?

The MOVEit MFT solution enables it operational efficiency for large-batch transactions for several different use cases:

  • Mortgage Loan Approvals
  • Electronic Lockbox Services
  • Sharing Security Footage with Law Enforcement
  • Expediting Customer Services:
    • Remittance Transfers
    • ACH Payment Notifications
    • Bank Statement Transfers
    • Image Processing

Why Do Financial Institutions Choose MOVEit for Secure Managed File Transfer?

SECURITY

Help prevent sensitive data from being manipulated or ending up in the wrong hands.

  • Encryption (In Transit and at Rest)
  • Data Integrity Checks
  • Non-Repudiation
COMPLIANCE AND AUDITABILITY

Harden file transfers against tampering and maintain compliance with data protection standards.

  • AES 256-bit Encryption of Files at Rest
  • Tamper-Evident Audit Logs and Reporting
  • Compliance Facilitation with PCI, HIPAA, CCPA/CPRA and GDPR
CONTROL AND BROAD VISIBILITY

Know where your data is and who is accessing it.

  • Powerful administrative controls and policy management
  • Consistent delivery
  • Alerts and dashboards
  • File deletion scheduling based on access or shelf life
RELIABILITY

Leverage a flexible, scalable architecture that adapts to growing business needs.

  • High availability architecture
  • Scaling for improved performance
  • Disaster recovery to minimize downtime
AUTOMATION

Schedule tasks to streamline business operations.

  • Minimize human error caused by scripting
  • Customize based on your business processes
  • Improve, track and manage workflows to deliver data to authorized recipients

What MOVEit Can Do For You

Optimized and Secure Digital Experiences

Deliver outstanding customer service and service quality by streamlining business operations (i.e., expedite electronic payments and check image processing).

Reduced Complexity

Connect all your critical resources to a centrally managed solution, from laptops to mobile devices, on-premises data stores to AWS S3-enabled endpoints.

Lowered Operational/IT Costs

Cut labor costs by automating routine file transfers, reducing manual intervention and human errors while accelerating high-volume B2B data exchanges.

MOVEit Managed File Transfer Solution Offerings

Progress® MOVEit® Cloud

  • Leading secure managed file transfer as-a-service
  • Managed by Progress in Microsoft Azure
  • Scalable, elastic service to meet changing requirements

Progress® MOVEit® Gateway

  • Keeps data from being stored in the DMZ
  • Terminates inbound connections from the public network in the DMZ
  • Multi-layered security framework to comply with internal security and compliance policies within heavily regulated industries

Progress® MOVEit® Transfer

  • Secure repository for sharing critical business data with external parties
  • On-premises deployment for centralized control and maximum visibility
  • Flexible options to exchange sensitive files in bulk, ad-hoc, or automatically

Progress® MOVEit® Automation

  • Push or pull files to/from any FTP, Unix, email or file server
  • Schedule data workflows to align with critical business operations
  • Develop tasks and workflows without the need for advanced programming skills

 

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