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First Singapore Fintech Achieves International Recognition To Elevate Trust In Digital PaymentSINGAPORE, Sept. 24, 2021 /PRNewswire/ -- Cube Payment Services Pte Ltd (CubePay), a leading digital payment financial technology company headquartered in Singapore, announced achieving both Information Security Management System (ISMS): ISO/IEC 27001 and Privacy Information Management System (PIMS): ISO/IEC 27701 certifications – a hallmark recognition for a first Singapore financial technology company to obtain the dual international certifications (please see footnote). These certifications mark another important milestone in CubePay's commitment to providing responsible innovation and trustworthy digital payment solutions to acquirers, merchants, and consumers. Adding to Payment Card Industry's Data Security Standard (PCI-DSS) Level 1 accreditation since 2016, the newly attained ISO/IEC accreditations have enhanced CubePay's proactive cybersecurity strategy in risk management, threat prevention, and data privacy safeguard. Recent research shows the need to address rising cybercrimes as digital technology becomes deeply intertwined with businesses and consumer lifestyle choices:
Mr Clement Teo, Senior Vice President - Business Assurance (ASEAN) at TÜV SÜD PSB Singapore, says, "We congratulate CubePay on this major achievement, for being the first Fintech company in Singapore to attain both ISO/IEC 27001 and ISO/IEC 27701 accreditations with TÜV SÜD PSB Singapore. These accreditations will inspire greater trust among partners of CubePay's digital payment ecosystem." The ISO/IEC 27001 and ISO/IEC 27701 certificates were officially presented to CubePay in an event held at TÜV SÜD PSB Singapore on 24 September 2021. TÜV SÜD and CubePay have co-authored a case study on CubePay's accreditations, available at TÜV SÜD's website: https://www.tuvsud.com/en-sg/resource-centre/case-studies/cube-payment-services. About CubePay Cube Payment Services Pte Ltd (CubePay) is a privately-held Singapore-headquartered digital payment financial technology company. Since 2014, CubePay is a trusted partner in Singapore's digital payment ecosystem. It has forged long-standing partnerships with leading payment technology companies, networks, processors, acquirers, merchants. CubePay operates the RadiumOne Merchant Payment Platform that simplifies digital payment. More information: https://www.cubepayment.com. Issued by: CubePay Marketing Footnote (1) APPENDIX NOTES TO EDITORS: About the Accreditations
Source References https://www.mastercard.com/news/ap/en/newsroom/press-releases/en/2021/may/pandemic-alters-spending-habits-in-apac-drives-rapid-shift-to-emerging-payment-technologies/ SOURCE CubePay |