Venn
24 Case Studies
A Venn Case Study
Cyber Unit, a Vancouver-based provider of enterprise-grade cybersecurity solutions, faced significant challenges after their traditional credit card was compromised in a vendor breach. This single point of failure caused major operational disruptions as they had to manually update payment details across dozens of vendors. Additionally, they were losing money to expensive forex fees on their USD transactions. They turned to Venn for a solution.
Venn provided Cyber Unit with a modern payment solution featuring instant virtual cards for each vendor and multi-currency cards. This eliminated their credit card vulnerabilities by allowing them to shut down compromised cards instantly without affecting other payments. The solution provided full control over expenses and simplified internal payments. By using Venn's multi-currency cards and competitive exchange rates, Cyber Unit saved hundreds of dollars per month on unnecessary fees.