Union Bank Secures PCI DSS 4.0.1 Certification

Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) 4.0.1, effective from 11 August 2026.

The certification confirms that the bank meets the required technical and operational standards for protecting payment card data that it stores, processes or transmits. The assessment covered key areas including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.

Union Bank received the certification under the Service Provider category after an assessment process that lasted about a year. The process included quarterly reviews and involved departmental, business and functional heads across the organisation.

The bank worked with security firm Digital Encode during the assessment, while CyberCube, an accredited Qualified Security Assessor, conducted the final independent audit.

Speaking on the development, Managing Director and Chief Executive Officer Yetunde Oni said, “The security of customers’ information is central to the bank’s operations. This certification indicates that our payment systems and processes meet the PCI DSS standard and reflects the work of colleagues across the bank involved in protecting customer data.”

The PCI DSS certification also ensures that Union Bank maintains continuous compliance with the standard. According to Oni, this aligns with the Central Bank of Nigeria’s requirement for banks to sustain uninterrupted PCI DSS compliance without any gap.

The latest PCI DSS certification highlights the bank’s continued focus on payment security and customer data protection across its banking and card-related operations.

How important is continuous payment security compliance for customer confidence in Nigerian banks?