Unibank successfully complies with swift security standards

YEREVAN, December 5. /ARKA/. Unibank is the first bank in Armenia that has successfully gone through the certification process for compliance with the security standards of the SWIFT payment system.

The Customer Security Controls Framework 1.0. standard contains mandatory and recommended control elements designed to improve the information and cyber security and protect information infrastructure. In order to ensure the introduction of these control elements the SWIFT has developed an appraisal process that banks need to complete before the end of December 2017.

To ensure a high level of information security, Unibank has taken an integrated approach by using advanced information security technologies. It should be reminded that the bank had introduced the information security management system in accordance with the requirements of international standards ISO 27001: 2013, and also received a certificate of compliance with the requirements of the PCI DSS (PCI Data Security Standard).

The Yerevan-based Unibank has also successfully completed the process of compliance with the requirements of the PCI PIN Security 2.0 standard and received a certificate of compliance with the international standard.

The PCI PIN Security 2.0 certificate ensures that the process of provision of card PINs by the bank is carried out in accordance with the security requirements of the international Visa payment system, indicating also a high degree of protection of card transactions.

Unibank was founded in October 2001. In 2002, the bank introduced the Unistream system. The main shareholder of the bank is UNIHOLDING GG LIMITED. In 2015 the bank was reorganized into an open joint-stock company. -0-

spot_img

POPULAR

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

LATEST NEWS

spot_imgspot_imgspot_img