Loquat Achieves SOC 2 Type 2 Certification strengthening enterprise data security and building institutional trust across the platform

MIAMI, Fl. – January 7, 2025 – Loquat Inc. today announced it has achieved SOC 2 Type 2 certification, completing an independent audit that verified the effectiveness of the company's security, availability, and confidentiality controls over a sustained observation period. The certification confirms that Loquat's platform meets the rigorous standards that regulated financial institutions require of their technology partners.

SOC 2 Type 2 differs from Type 1 in that it evaluates not just the design of security controls, but whether those controls operated effectively over time — typically a minimum of six months. The audit covered Loquat's data handling practices, access controls, change management procedures, incident response capabilities, and infrastructure monitoring protocols. The resulting report is available to prospective and current clients under NDA.

For community banks and credit unions evaluating fintech partners, SOC 2 Type 2 certification is increasingly a baseline requirement from both internal compliance teams and examiners. Loquat's certification removes a common procurement barrier and signals the company's commitment to operating at the security and reliability standards that handling sensitive member financial data demands. Financial institutions wishing to review the audit report or discuss Loquat's security posture in detail may contact the team at loquatinc.io.