Fidelity Launches Virtual Safe Deposit Box

New England Council member Fidelity Investments is making it easier to keep track of all of your most important documents. The company recently officially launched FidSafe, a new service that securely stores documents such as passports, birth certificates, and property titles.

 

FidSafe was developed by Fidelity’s technology incubator, Fidelity Labs, after the company surveyed customers and found out that less than half knew where all of their important documents were. With the new product, described as a virtual safe deposit box, users can store all of their documents digitally in one spot. They can easily share the documents with family members or other trusted individuals. The documents are protected by a variety of cyber-security measures, including two-factor authentication and end-to-end encryption. Best of all, FidSafe is completely free and is available to anybody, regardless of whether or not they already have a Fidelity account.
“People shouldn’t be forced to scramble for information when they need it most,” said Andrew Peterson, vice president and product manager for FidSafe. “We built FidSafe to give them peace of mind in knowing that digital copies of their most critical documents can be shared with family members or trusted advisors should the unexpected occur.”

 

The New England Council congratulates Fidelity on the launch of this important new service.

 

Read more in The Boston Globe.

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