Africa has gained a stronger voice in the global conversation on payment security following the admission of Nigerian cybersecurity and compliance technology company Smartcomply into the PCI Security Standards Council (PCI SSC), the world’s leading body for payment data security standards.
The development marks a significant milestone not only for Smartcomply but also for Africa’s rapidly expanding digital payments ecosystem, which has often had to adopt global security standards without being directly represented in the conversations that shape them.
By joining the PCI Security Standards Council as an Associate Participating Organization, Smartcomply becomes one of the first African cybersecurity and compliance technology companies to contribute formally to the development of international payment security standards used by banks, payment processors, merchants and technology providers around the world.
Read also: Smartcomply takes African compliance technology to UK as remittance risks drive new demand
The move comes at a critical time for Africa’s financial
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