Market Digest

LankaBangla Finance attains PCI DSS certification

Staff Correspondent

5 July, 2021 12:00 AM printer

LankaBangla Finance Limited has received the Payment Card Industry Data Security Standard (PCI DSS) certificate for adopting and applying the mandatory controls set by PCI SSC to ensure the effectiveness, efficiency, confidentiality, the integrity of credit card business operations.

The certification entails that the organisation has met all requirements with strong confidence regarding credit card security and becoming the first NBFI in Bangladesh to receive that accreditation.

The certification is also a mandatory requirement of Bangladesh Bank for those who operate card businesses, and LankaBangla Finance Limited is committed to following regulatory instructions to ensure compliance.

LankaBangla Finance Limited has always been a reliable financial institution and has consistently kept a pledge to deliver superior financial products and services while offering increasing value to its stakeholders.

PCI DSS is a payment card security standard for organisations that handle branded cards from the major card schemes.

The PCI Standard is mandated by the card brands, including Mastercard and VISA, but administered by the Payment Card Industry Security Standards Council (PCI SSC).

The QSA service was provided by Enterprise Infosec Consultants (EIC).