Accion Microfinance Bank has reinforced its commitment to data security and customer protection by achieving compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1.
The certification, announced on April 29, 2025, by Cybervergent Limited, places the bank among a select group of Nigerian financial institutions meeting the highest global benchmarks for securing payment systems and cardholder information.
Read also: Accion MfB empowers female entrepreneurs with digital skills for financial inclusion
The PCI DSS is an internationally recognised standard developed by the Payment Card Industry Security Standards Council (PCI SSC) to safeguard cardholder data and protect payment transactions from breaches, theft, and fraud. Achieving this compliance reflects Accion MfB’s continued effort to strengthen trust and build long-term customer relationships.
Taiwo Joda, managing director and CEO of Accion MfB, said the achievement underscores the bank’s proactive approach to digital security.
“Achieving PCI DSS compliance demonstrates our commitment to protecting customer information and securing our payment channels. It reinforces our promise to deliver safe, reliable, and technology-driven financial services,” he stated.
Read also: Accion MfB partners with DBN to empower SMEs with funding
The certification covers the bank’s card services, payment systems, and collections channels, further boosting customer confidence in its digital operations.
This development follows Accion MfB’s recent attainment of three ISO certifications, ISO 20000-1:2018 (IT Service Management), ISO 27001:2022 (Information Security), and ISO 22301:2019 (Business Continuity), highlighting the bank’s broader strategy to ensure secure, efficient, and resilient service delivery.
