GreenBox Collaborates With Armanino To Procure SOC 2 Compliance

Financial technology company GreenBox POS (NASDAQ: GBOX) partnered with independent accounting and business consulting firm Armanino to audit GreenBox for obtaining SOC 2 compliance.
GreenBox will work with Armanino throughout the technical audit to accomplish compliance and offer clients the necessary protections.
GreenBox will have the tools to monitor activity, recognize threats, and alert parties about any indications of security problems after becoming SOC 2 compliant, stated GreenBox CEO Fredi Nisan.
Price action: GBOX shares traded higher by 1.6% at $10.14 on the last check Friday.