Constant to integrate blockchain data assurance solution into its award-winning auto loan and lease, consumer loan, and mortgage solutions
(PALM BAY, FL/March 30, 2022) Sollensys Corp (OTCQB: SOLS), one of the top cyber security companies specializing in ransomware recovery built on blockchain technology, today announced that Constant, a provider of digitized, self-service technologies for banks and credit unions will be integrating Sollensys’ blockchain data archiving solution into its financial services platform.
This integrated solution will provide an immutable archive for transactions that take place on Constant’s digital loan servicing and loss mitigation platform, utilized by the banking industry. Constant’s platform enables borrowers and contract holders to self-serve loan management tasks that otherwise would require agent assistance.
Financial services companies have seen an exponential increase in cyber-attacks in recent years, and many have not been able to increase their technology budget sufficiently to counter the ongoing threat. The addition of a blockchain archive for data will provide Constant’s clients with a leading-edge, embedded security advantage.
The agreement was initiated and coordinated through Acadia Leadership Partners, an industry channel network and independent member of BDO Alliance USA.
“Sollensys brings a completely new layer of protection against malware and ransomware attacks,” said Catherine York Powers, CEO of Constant. “Combining our technologies brings unparalleled protection to our platform. The collaboration between our software teams enables us to productize data safeguarding solutions for our banking clients and their customers.”
Rather than starting with penetrable endpoints, Sollensys begins with securing a copy of what hackers want most to hold hostage and corrupt: organizations’ digital intellectual property and operational data. Sollensys exists to ensure companies and institutions never pay a ransom and their businesses can continue swiftly by safeguarding an immutable and uncorrupted copy of their data.
“Constant has an exceptional product that drives operational efficiency and customer engagement for banks and credit unions through smart automation,” said Don Beavers, CEO of Sollensys Corp. “Adding a blockchain component strengthens their partnerships in the banking sector in the fight against data thefts, ransomware attacks, and data breaches.”