FinTech Magazine December 2019 | Page 216

INLOOP
216 analytics tool , which InLoop uses to monitor its systems and ensure that up-time is maintained , performance and order rates are high , and any anomalies are identified .
An integral factor in delivering any InLoop service is cybersecurity . Both the health and education sectors are open to vulnerability and are dealing with vulnerable people , as Appoo explains : “ There is an immense amount of focus on privacy regulation and ensuring data is not leaked , including financial information .”
In order to achieve that , InLoop partners with Braintree , a PayPal company , which focuses on providing secure

“ Whatever the specific areas of focus , I always encourage our team members to think ‘ what are the core problems we are trying to solve , and how can we solve them in the most streamlined , efficient , usable way ?’”

— Zubin Appoo CTO , InLoop payment solutions . For example , there is no need to store any credit card information , PayPal accounts , or other financial details within the Flexischools product , as this data is managed by the Braintree payment gateway . This is a seamless service , but ensures that financial information is entrusted with a third party whose expertise is in payment security . Other personal information stored by InLoop is kept secure in databases hosted inside
DECEMBER 2019