IDS completed its annual System and Organization Controls audit and received validation reports for SOC 1 Type 2, SOC 2 Type 2 and SOC 3. A third party conducted the audit to demonstrate the ongoing effectiveness of security controls for IDS and IDScloud.
Metropolitan Capital Bank & Trust selected IDS ABL to support its small to medium business customers in accessing working capital through a technology platform.
IDS agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets.
IDS, a provider of asset and equipment finance technology, completed the acquisition of William Stucky and Associates (WSA), a provider of asset-based lending and factoring software.