On Wednesday, March 20, 2024, Banking Tech Awards USA by Fintech Futures unveiled its shortlist of finalists among the financial technology community. VGS was listed as a finalist for the Best as-a-Service for Payments award category.
The Banking Tech Awards USA, hosted by Fintech Futures, is an annual event, recognizing and celebrating the most innovative and impactful achievements in banking technology across the United States. Their mission is to honor excellence and drive forward progress in an era defined by rapid technological innovation and evolving security challenges. These awards recognize companies, strategic partnerships, and individual professionals who have demonstrated exceptional innovation, performance, leadership, and transformative impact over the past year.
The nomination of VGS for Best as-a-Service for Payments underscores the company's unwavering commitment to payments tokenization and data security in banking. VGS allows organizations to securely collect, protect and exchange sensitive accountholder data from a single, PCI-compliant vault. This is especially important in banking as institutions look to grow Pay by Bank as a new payment option while continuing to protect bank account data. Read more about CFPB's 1033 proposition regarding consumer rights on access to personal financial data.