Skye Bank achieves PCI payment security standards

Posted by News Express | 9 June 2016 | 2,562 times

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Skye Bank Plc has been recertified and presented with a Certificate of Compliance to the Payment Card Industry Data Security Standard (PCIDSS) version 3.1. The re-certification underlines the lenders robust and highly secured electronic channels.

This was contained in a message from the Council of the Payment Card Industry (PCI) which indicated that the bank substantially met of the entire stringent requirement as enumerated and outlined by PCI.

The certificate, according to the banks Executive Director, Information Technology, Mrs. Markie Idowu, is a confirmation that we ensure security of card holder data and card transactions end-to-end on all our electronic terminals and platforms terminals/channels like automated teller machines (ATM), Web, Point of Sale (PoS) among others.

Customers holding Skye Bank cards or other banks customers using any of our terminals can be rest assured of the security of our platform as it conforms to global standard of security.

The electronic platforms of the bank that has been re-certified by PCI are PoS/card present; internet transactions/ecommerce; ATM transactions; clearing and settlement; payment gateway/switching; issuer processing and prepaid services among others.

Its Group Managing Director/CEO, Timothy Oguntayo lauded PCI for the re-certification and emphasised that Skye as a leading brand has been in the forefront of using ICT to drive seamless and first class customer service leveraging technology.

Skye Bank’s history and exploits in e-channels is well documented in the nation’s banking industry and our huge investment in ICT has been deliberate and strategic to our overall corporate vision. Recognition and awards like that of PCI justifies our huge investment in ICT, he said.

•Source: Cihan News Agency. Photo shows Skye Bank MD/CEO, Timothy Oguntayo.

Source: News Express

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