Commercial banks need to prepare and adapt for rapid industry disruption in today’s evolving payment ecosystem. UL can help banks increase their transaction volume and improve their merchant and other stakeholder relationships while helping strengthen security. We can evaluate vulnerabilities of current payment methodologies and equip banking clients to plan for future-state frameworks. Our testing protocols are scalable and flexible for both issuing and acquiring banks, payment brands and schemes, and card manufacturers. Equity and debt investments are increasingly subject to environmental sustainability benchmarks and documented plans for stewardship, and lending banks need greater visibility into this data.
UL has a robust range of software solutions, training programs, implementation advisory, and testing and inspection services. We also offer select cybersecurity certification and verification Marks to signify adherence to current security standards and sustainability governance best practice conformity.