Bank / Credit Union

Bitaccess completes audits for Bitcoin ATM platform

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August 6, 2021

Bitaccess, an enterprise Bitcoin ATM platform provider, has completed its System and Organization Controls 1 and 2 audits conducted by BARR Advisory P.A., according to a press release

An SOC 1 certification shows that Bitaccess maintains high standards around financial reporting and an SOC 2 certification demonstrates the effectiveness of its security practices, policies and procedures.

"We believe the completion of our SOC 1 Type 2 and SOC 2 Type 2 audit report has shown Bitaccess's commitment to delivering a high quality, secure experience for our clients. We have taken significant steps to mitigate risks related to security, availability, confidentiality, compliance and data integrity," Moe Adham, Bitaccess CEO, said in the release. "As our industry matures, our clients need to rely on enterprise-level service to ensure they can meet their regulatory and financial audit requirements. I am incredibly proud of the entire Bitaccess team in delivering a world-class product which supports our industry's meteoric growth."