Bahrain-based Arab Financial Services (AFS), a provider of electronic payments and consumer finance outsourcing services, has achieved the Payment Card Industry (PCI) Security Standards Council Certification 3.0 for its credit and debit platforms, the company said in a statement yesterday (June 28).

AFS, which is owned by 40 regional banks, also said it has deployed a new card management system, FIS-Cortex for its debit processing services which is a PA-DSS system recognised by the PCI Security Standards Council.

It was assisted in the initiative by SISA Information Security, an information risk management provider.

AFS chief executive B Chandrasekhar said it is among a handful of organisations globally that are certified under PCI-DSS 3.0, which is one of the most stringent security standards globally. - TradeArabia News Service