V

Vgs

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Company Research Report: Very Good Security (VGS)



Company Overview



  • Name: Very Good Security, Inc. (VGS)

  • Mission: VGS aims to provide comprehensive payment data tokenization solutions, ensuring PCI compliance, secure payments acceptance, card issuance, loyalty, PII protection, and open banking support.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People: No information is available.

  • Headquarters: 207 Powell Street, Suite 200, San Francisco, CA 94102

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: VGS is known as a leader in payments tokenization, helping manage the complexities associated with payment data protection across various industries.


Products and Services



General Overview



VGS offers a wide range of products and services aimed at providing a secure, compliant, and efficient solution for managing payment data. The focus is on maximizing security and minimizing the risk associated with sensitive data handling.

Products



1. PCI Compliance
  • Description: Isolates sensitive data within the VGS Vault to prevent security breaches.

  • Key Features:

  • Secure storage of payment data

  • Protection from unauthorized data access


2. Payment Orchestration
  • Description: Ensures seamless payment processes across multiple payment processors.

  • Key Features:

  • Compatibility with various payment processors

  • Streamlined payment workflows


3. Open Banking
  • Description: Provides secure facilitation of open banking transactions.

  • Key Features:

  • Bank account protection

  • Mitigation against banking fraud


4. Network Tokens and Account Updater
  • Description: Enhances card coverage and supports automatic account updates.

  • Key Features:

  • Increased revenue potential

  • Updated card credentials for improved authorization


5. Card Issuance
  • Description: Helps optimize revenue and loyalty for card programs.

  • Key Features:

  • Customizable card issuance program

  • Loyalty program integration


6. Omni-Channel Loyalty
  • Description: Supports the creation of a comprehensive customer profile using a universal vault.

  • Key Features:

  • Unified customer data storage

  • Enhanced customer insights


7. PII Protection
  • Description: Offers vault-based storage for personal identifiable information (PII) to reduce exposure risks.

  • Key Features:

  • Secure PII management

  • Custom vault solutions for data protection


Key Statistics



  • 3.5 Billion: Tokens stored globally.

  • 30 Billion+: Interactions annually handled by VGS.

  • Customer Base: Includes Fortune 500 organizations.


Recent Developments



  • Recent Developments: No specific developments available.

  • New Products Launched: No information is available.

  • New Features Added: No information is available.

  • New Partnerships: No information is available.


Conclusion



VGS offers a robust suite of tokenization and data security solutions that cater to a wide array of industries including eCommerce, financial institutions, and gaming. With an infrastructure supporting billions of transactions annually, VGS stands as a pivotal partner in payment data security and compliance management.

No further commentary included.