UNION BANK SECURES GLOBAL PAYMENT DATA SECURITY CERTIFICATION

Union Bank of Nigeria has secured a global payment data security certification, strengthening its commitment to protecting customers’ payment information and improving the security of its digital banking services.

The certification recognises the bank’s compliance with international standards for protecting payment card data and securing systems that process, store, or transmit sensitive financial information.

The achievement comes as Nigerian banks continue to increase investments in digital banking platforms, cybersecurity, and fraud prevention amid the rapid growth of electronic payments.

Union Bank said the certification demonstrates its commitment to maintaining strong security controls and protecting customer information across its payment infrastructure.

Industry experts said compliance with international security standards is increasingly important as financial institutions face growing cyber threats and increasingly sophisticated forms of digital fraud.

They noted that stronger security frameworks can help banks reduce vulnerabilities, improve customer confidence, and protect the integrity of electronic payment systems.

The certification also reflects the growing importance of cybersecurity within Nigeria’s financial sector, where millions of customers now rely on mobile and online channels for transactions.

Union Bank said it would continue to strengthen its technology infrastructure and security controls as part of efforts to provide safe and reliable digital financial services.

The bank reaffirmed its commitment to maintaining global best practices in data protection, cybersecurity, and payment security while improving the overall customer experience.