Security of your data and banking operations
We ensure the security of your data and operations through cutting-edge technology successfully audited.
Risk management on your banking operations
Our modern banking technology enables you to have real-time visibility over all your operations and reduce the risk of abusive activity on your accounts.
Validate sensitive operations
Thanks to real-time tracking of your operations, you can react immediately to any erroneous or suspicious banking transaction.
With our banking API, receive a notification (webhook) on your systems every time an event occurs on your account: debit movement, creation of a new beneficiary, etc.
Identify and validate sensitive transactions
We prioritize security. For sensitive transactions requiring your approval, such as adding a beneficiary, you’ll receive instant notifications on your mobile phone for authentication.
Quickly block your accounts, cards, and outgoing movements
Lost your card? Block it remotely. A colleague’s account is compromised? Deactivate it. Experiencing abusive debits from your creditor? Contest their debits or revoke their mandate.
If you make a mistake in the recipient or amount of an outgoing (standard) transfer, you can cancel your transfer as long as we haven’t executed it yet.
Reduce the risk of abusive debits
The use of virtual IBANs ensures that your main IBANs are never made public. This reduces the attack surface for fraudsters.
You can also eliminate the risk of experiencing unauthorized debits by making your primary and virtual IBANs impervious to direct debits.
Your personal data remains personal
All of Memo Bank’s services are designed to ensure the confidentiality of your data and to protect your personal details.
Double authentication at every level
Your Memo Bank password acts as the first line of defense against intrusions. We assist all Memo Bank clients in creating a robust, hard-to-guess password. To add a second level of protection, you will receive a notification on your mobile in case of a new login or sensitive operation on your account.
Unlike some banks that often use SMS sending or the use of a small calculator to authenticate you a second time, we have chosen to use a modern mobile application compatible with iOS and Android.
Data stored in Europe
Your data is stored in Europe, in the data centers of Amazon Web Services and Microsoft Azure, in compliance with the General Data Protection Regulation (GDPR). We have developed our proprietary banking infrastructure to avoid having to transmit your data to more or less reliable third parties.
Powerful encryption
Encryption scrambles data and renders it illegible to the outside world. Memo Bank uses the TLS protocol to encrypt your data every time is it transferred between our system and your computer or mobile device. Once it’s on our servers, your information is protected by three different levels of encryption.
