Banking News

Parallex Bank Gets Certifications For Improved Banking Services

Parallex Bank has received eight different international certifications to strengthen its services and enhance its top-notch banking services.

This, it said, is as a result of its apparent commitment to offering its customers limitless banking experience,

The International Standards Organisation (ISO) is a non-governmental organisation that comprises standards bodies from more than 160 countries, with one standards body representing each member country. The certification outlines the requirements and specifications a product, process, or service must meet to ensure its quality is consistent from country to country.

The latest global certification received by Parallex Bank last week includes five certifications, which are: Payment Card Industry Data Security Standards (PCIDSS); COBIT 2019; ISO 27017; ISO 27031; and ISO 29100.

The bank had earlier, in July 2022, received an initial international certification for business continuity and management (ISO 22301:2019); an information technology certification (ISO 27001:2013); and a certification that Parallex Bank has met all of the requirements to deliver managed IT services of acceptable quality to its customers (ISO 20000-1:2018).


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