Unibank successfully completes the process of compliance with pin security 2.0 standard requirements

YEREVAN, December 22. /ARKA/. The Yerevan-based Unibank said today it has successfully completed the process of compliance with PIN Security 2.0 standard requirements receiving a corresponding international certificate.

According to a Unibank’s press release, PCI PIN Security 2.0 certificate ensures that the process of providing card PIN-codes by the bank is in accordance with the most stringent security requirements of Visa international payment system. It also serves as evidence of high degree of protection of card transactions.

Lusine Simonyan, head of Unibank Information Security Department, is quoted as saying that Unibank’s operation is built on ensuring information security at all stages of the customer service process.
“The Bank has introduced an information security management system, which complies fully with the requirements of international standards ISO 27001: 2013. It has also received a certificate of compliance with PCI Data Security Standard requirements, – she said.

Unibank was founded in October 2001. In 2002 it introduced Unistream system. In 2015 the bank was reorganized to an open joint stock company. Some 93.5% of its shares are held by Ripatonso Holding LTD. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

LATEST NEWS

spot_imgspot_imgspot_img