HDFC Bank recognized for best practices in payment security at visa summit

Mumbai: HDFC Bank has once again been recognized with the Champion Security Award at the 14th Visa Asia Pacific Security Summit. For the second time in a row, the bank has won the award in the India and South Asia category. The Award is a mark of excellence reflecting leadership in risk management and payment security performance. “Congratulations to HDFC Bank on receiving their Visa champion security award. HDFC Bank has reliably exhibited a high level of risk management proficiency, which has constantly created a safe payment environment for consumers and merchants in India & South Asia. The award recognizes banks who apply international best practices to every aspect of keeping electronic transactions secure,” Shivakumar Sriraman, Chief Risk Officer-India & South Asia, Visa, said. “The Champion Security Award by Visa is a testament of HDFC Bank’s unremitting focus on risk management and creating a secured payment mechanism for customers. As more and more customers take to using electronic and digital payment platforms, it is incumbent on the eco-system to ensure that the environment is safe and secure. At HDFC Bank, the endeavour is to further sharpen and evolve with the landscape by implementing the best standards and practices in risk… Read full this story

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