Bnqz Inc. (Quidkey), the AI-native clearing platform for global account-to-account transactions, today confirmed it has successfully completed its SOC 2® Type II audit.
The clean audit opinion verifies that Quidkey meets the strict AICPA standards for security, availability and confidentiality. This achievement reinforces the company’s robust security posture as it scales its operations worldwide in response to rising merchant demand.
Account-to-account payments are accelerating globally as businesses seek faster, more cost-effective alternatives to card networks and complex cross-border payment systems. Industry forecasts predict global A2A volumes will exceed one trillion dollars in the near future, driven by regulatory reform and the push towards real-time settlement.
Unlike card-based payments, direct bank transfers eliminate intermediaries that typically carry fraud and chargeback liability. This places far greater security responsibility on the clearing infrastructure that underpins these transactions.
As a result, SOC 2 certification has become a baseline expectation for enterprises, financial institutions and payment providers evaluating real-time money movement platforms.
From inception, Quidkey was engineered to meet this standard. The platform is currently live across Europe, the UK, the United States and Australia through a single integration, supporting merchants across retail, travel, logistics and digital commerce sectors.
Quidkey offers bank-branded A2A checkout for Shopify merchants alongside direct API and iFrame deployment options. Completing the SOC 2 Type II audit ahead of major enterprise and FI partnerships further positions the company as a secure provider of global settlement infrastructure, regulatory compliance and programmable treasury automation.
SOC 2 Type II goes beyond control design, assessing how effectively those controls operate over time. The clean audit result confirms Quidkey’s security measures function consistently in real-world environments, protecting the full transaction journey including authentication, clearing, settlement, reconciliation and data management.
“Clearing bank-to-bank payments across continents requires a security posture equal to the institutions we integrate with,” said Rabea Bader, CTO of Quidkey. “We architected Quidkey for SOC 2 compliance from our first line of code. This certification validates that our controls operate to the standard our partners expect every single day.”
“This milestone aligns our security framework with the enterprises, processors, and financial institutions integrating our technology,” said Rob Zeko, CEO of Quidkey. “SOC 2 Type II removes a critical barrier in partnership evaluations and allows us to accelerate the global expansion of our clearing infrastructure.”
The audit evaluated multiple operational and technical domains, confirming that Quidkey’s systems are properly designed and consistently enforced:
- Secure data storage and encrypted transmission
- Access controls and authentication safeguards
- Continuous system monitoring and incident response
- Vendor and third-party risk management
- Business continuity and disaster recovery readiness
Quidkey’s clearing layer enables merchants to move value directly between bank accounts with a card-like experience but lower fees, faster settlement, and stronger security. The platform operates alongside existing PSPs and automates post-payment workflows such as instant refunds, tax isolation, multi-party splits, FX conversion, and reconciliation.
With SOC 2 Type II complete, Quidkey strengthens its position as the trusted clearing layer for enterprises and developers building the next generation of global account-to-account payments. The company is now finalizing readiness processes for additional payment providers and banking partners as demand continues to expand across markets.
Companies interested in reviewing the SOC 2 Type II report may request access at [email protected].
About Quidkey
Quidkey is a payment gateway building a global clearing house for Account-to-Account (A2A) payments. We provide a “Pay by Bank” experience that is as simple as using a card, but with lower fees for the merchant and optimized settlement times.
Quidkey makes paying by bank faster with an AI-native bank prediction engine. By automatically identifying a customer’s bank, it stops them from having to scroll through long lists at checkout, which helps increase conversion. Through one integration—available via API or the Shopify App Store—merchants can accept secure payments across the UK, EU, US, and Australia.
