Risk Associates has proudly announced Meezan Bank Ltd’s achievement of certification with the PCI 3DS (Payment Card Industry Three Domain Secure) standard, marking a significant milestone for the bank. This certification sets Meezan Bank apart as the first Pakistani bank to attain such accreditation, underscoring its commitment to maintaining a secure banking infrastructure and ensuring secure transactions for its clients.

The PCI 3DS certification is a testament to Meezan Bank’s dedication to upholding the highest standards of data protection and security in its operations. By meeting the rigorous requirements of this standard, the bank demonstrates its readiness to safeguard sensitive financial information and enhance the trust and confidence of its customers.

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In another development, the Bank of Punjab (BoP) has forged a strategic partnership with the SME Finance Forum (SMEFF), a global membership network managed by the International Finance Corporation (IFC). This collaboration underscores BoP’s commitment to supporting small and medium-sized enterprises (SMEs) by expanding access to finance and fostering their growth and development.

SMEFF serves as a platform for sharing best practices, knowledge, and insights to promote the financial inclusion of SMEs worldwide. BoP’s membership with SMEFF not only highlights its dedication to serving the needs of SMEs but also positions it as a key player in the global effort to empower entrepreneurs and drive economic growth.

As the only commercial bank from Pakistan to achieve membership status with SMEFF, BoP reaffirms its role as a catalyst for financial inclusion and economic empowerment. By joining forces with SMEFF, the bank aims to leverage its expertise and resources to better serve the financing needs of SMEs and contribute to their success and resilience in today’s dynamic business landscape.