Bankograph: fixing security challenges in payment transactions

Through acquiring PCI DSS certificate, Bankograph is now ready for business expansion in Vietnam and beyond

Bankograph has just received the latest Payment Card Industry Data Security Standards (PCI DSS) v3.2.1 certificate to secure their customers’ sensitive authentication data, satisfying the highest security standards and ready to continue growing its market share in Vietnam and beyond.

Bankograph is a fintech company headquartered in Singapore providing payment tools for credit, debit, prepaid, mobile, chip, point-of-sale acceptance, and ATMs, with value-added services in fraud and risk management, as well as business data analytics to commercial banks operating in Vietnam.

PCI DSS is a set of requirements for meeting security standards, policies, processes, network architecture, software system, and several other factors, developed by the PCI Association.

The purpose of the PCI DSS is to ensure the security of card data as it is processed and stored at banks or paying businesses. PCI DSS helps set card information security standards and is applied globally to develop and implement security standards to protect financial data for a wide range of data security applications.

“As business grows and technology advances, financial institutions become more vulnerable to external threats and security becomes a more crucial factor,” said Alexander Gold, CEO of Bankograph. “Being certified by SISA Information Security, which is known as a pioneer in payment security, allows us to offer the highest international quality standards, especially those that fortify risk management procedures to provide clients with a secure digital banking experience and limiting security vulnerabilities and the risk of information theft, helping to enhance the protection of data stored on cards and card payment transactions to our valued partners.”

Currently in Vietnam, there are a number of units meeting security standards and receiving PCI DSS certificates such as VPBank, TPBank, Sacombank, Techcombank, OnePay Online Payment, VTC Pay International Payment Gateway, Electric Wallet Momo, and Vietnam National Payment JSC (Napas), among others.