We are pleased to announce that Magnetiq Bank has once again achieved compliance with the Payment Card Industry Data Security Standard (PCI DSS). This significant milestone demonstrates our unwavering commitment to maintaining the highest data security standards in the financial sector.

What is the PCI DSS Certification

The PCI DSS is a global security standard established by card organizations to promote the implementation of effective operational and security practices. Its primary aim is to reduce the risks associated with payment security and provide protection against cyber-attacks while processing, storing, and sharing card data.

💬 Arturs Keiņš, Head of IT at Magnetiq Bank, comments:
“Renewing our PCI DSS compliance is an important step for Magnetiq Bank, as it reaffirms our commitment to upholding the highest security standards in the financial sector. By adhering to these rigorous PCI DSS standards, we ensure the security of our clients’ payment card data and protect against potential cyber threats.”

💬 Trevor Axiak, Director of Kyte Global, adds:
“We are pleased that Magnetiq Bank has once again obtained PCI DSS certification as a Level 1 Service Provider and are very grateful to them for having selected Kyte Global as its Qualified Security Assessor. We remain committed to Magnetiq Bank as well as the industry in general to support all their compliance efforts.”

By choosing Magnetiq Bank, you can be assured that your financial data is safeguarded with the highest security processes and measures. We will consistently uphold this commitment.