Thursday, July 25, 2024
HomeFunding Provision IAM Raises Funding from Curql to Drive Growth

[Funding alert] Provision IAM Raises Funding from Curql to Drive Growth

Provision IAM raises funding from Curql to drive growth. Credit Union Service Organization driving fintech innovation for credit unions, to efficiently strengthen security of credit unions by automating access management and governance.

Provision IAM raises funding from Curql to drive growth. Credit Union Service Organization driving fintech innovation for credit unions, to efficiently strengthen security of credit unions by automating access management and governance.

Despite this investment, most technology leaders feel that identity security is a key vulnerability to compliance and cyber events. Curql has invested in Provision IAM and brought them into its ecosystem to address this vulnerability head on.

Read also – MO-based Simplifield E-Solutions Secures an Investment from HCAP

Curql has invested in Provision IAM and brought them into its ecosystem to address this vulnerability head on. Provision IAM helps credit unions automate the access and audit process, reducing time spent on identity management, while materially improving security by automatically enforcing access policies.

Jonathan Hutcherson, CEO of Provision IAM said, “The investment by Curql is a testament to the strategic value of Provision IAM’s unique solution to make credit unions more efficient and secure, Curql was in the unique position to understand and appreciate the identity access needs of the organizations that Provision serves. This partnership will propel Provision IAM forward, and more importantly, strengthen credit unions nationwide.”

Andrew Rowe, Chief Growth Officer said, “We are thrilled to bring Curql on as an investor as Provision IAM continues to grow, This latest round of funding will allow us to pursue new opportunities, as we seek to be the premier identity access management solution for community financial institutions.”

Nick Evens, President and CEO of Curql Collective said, “We are proud to invest in Provision IAM, as we believe this is the right technology that will help credit unions operationally, plus materially strengthen their security perimeter by automating access governance, We look forward to supporting Provision IAM’s next growth phase, as more forward-thinking credit unions embrace automating their Identity and Access Management system.”

About Provision IAM

Financial Institutions, especially credit unions, manage hundreds of systems with varying user access permissions that require timely, accurate updates. Access permissions evolve constantly. Internal and external audits are conducted frequently to ensure compliance.

Read also – PA-based Geo-Solutions Secures an Investment from Blue Sage Capital

As a CUSO, Provision Identity Access Management platform automates common tasks to improve productivity, heighten security, and reduce audit preparation efforts.

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