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

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

LATEST NEWS

spot_imgspot_imgspot_img