Security

Last Updated: June 3rd 2021

At Sciopay (“Scio”) we take the security of your data and money very seriously. We take all necessary measures to ensure we’re data compliant and consistently review and enhance our processes/systems to remain secure.

Here are some of the things we do to make sure that you can use our services with comfort and peace of mind.

Authorised by the FCA

Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution (API). Firm Reference Number: 927951.

Encryption

Confidential information is encrypted at rest and all network traffic is encrypted at transport level. We make sure we are using best practices in terms of encryption security and key storage.

Network Security

The Scio platform undergoes regular penetration testing to identify and protect against vulnerabilities such as code injection and cross-site scripting attacks.

Physical Security

Our service operates on ‘cloud native’ which includes Amazon Web Services (AWS) and Microsoft Azure who both have a number of certifications in global compliance programmes which underlines best practices in terms of data centre security.

Full list of AWS compliance programs

Further information about AWS data centre controls

Full the full list of Microsoft Azure compliance programs

Privacy

Scio complies with best practices and regulations in relation to the management of personal data under the UK Data Protection Act (DPA) and the European Union General Data Protection Regulation (GDPR).

Regulated Partners

Our partners are always reputable and if they are partnered with us to assist with the movement of funds, they will always be FCA regulated and trusted.

Safeguarded Bank Accounts

The protection of your funds is paramount. Safeguarding is taken very seriously at Scio and we hold funds separately within Tier one banks for all of our customers. This means your funds will always be protected, as they are held away from Scio’s operational accounts.

Safeguarded Bank Accounts

The protection of your funds is paramount. Safeguarding is taken very seriously at Scio and we hold funds separately within Tier one banks for all of our customers. This means your funds will always be protected, as in the unlikely event of Scio ceasing, your funds will not be affected being held away from our operational bank accounts.

Strong access control

Our platform provides a role based, multi-level security structure with two-step authentication and multi-factor authentication across the payment lifestyle. All access is monitored and audited for suspicious activity.

Trusted by thousands of people

You are one of many using Scio and will be contributing towards our monthly volume of £50million+ payment flow.