At a ceremony held at TPS Worldwide Head Office, Kashif Hassan, Managing Director of Risk Associates, presented the PCI SS Compliance certification to Ovais Khan, COO at TPS. This achievement reflects TPS Worldwide continuous commitment to ensuring the integrity and security of its payment systems, safeguarding sensitive cardholder data from evolving cyber threats. 

Kashif Hassan remarked on the occasion, saying, "It’s been an absolute pleasure for Risk Associates to certify TPS Worldwide for both the Secure SLC Standard v1.1 and the SSF Software Security Framework. This is a testament to their unwavering dedication to maintaining the highest levels of security throughout their operations. The process has been rigorous, and TPS has demonstrated exceptional diligence and focus in ensuring their systems meet global standards. We are confident that their customers will benefit from this commitment to data security.” 

Shahzad Shahid, Group CEO of TPS Worldwide added; “TPS security posture is unmatched in our software industry. Achieving PCI-SSF and PCI-SSLC certifications marks a key milestone in our security roadmap. However, we remain committed to continuous improvement, leveraging the best tools and practices to safeguard our clients and stakeholders.” 

A Focus on Secure Software and Data Protection 

The Secure Software Lifecycle (SLC) Standard v1.1 provides a framework for securing every stage of the software development lifecycle, from planning to deployment and beyond. The Software Security Framework (SSF) ensures that security practices are embedded into software systems throughout their operational life, providing a robust defense against potential vulnerabilities. 

By meeting these industry-leading standards, TPS Worldwide has proven its ability to offer secure, reliable services while minimizing risks related to sensitive cardholder data. 

Aziz A. Rahim, Chief Operating Officer of Risk Associates, added, “This achievement highlights the critical role security plays in the modern payment ecosystem. By becoming PCI SS compliant and securing certifications for the SLC and SSF frameworks, TPS worldwide has further cemented its position as a trusted provider in the payment processing sector. Their commitment to safeguarding data is evident, and this certification further assures their clients of the security of their transactions.” 

During the ceremony,  Ovais Khan, COO of TPS Worldwide  Added, “  "Achieving PCI-SSF & PCI-SLC certification underscores TPS commitment to delivering secure and reliable payment solutions to our valued customers. This certification reflects the focus and expertise of our teams in ensuring that our applications and processes meet globally accepted security standards for secure software development and service delivery practices. Appreciate TPS and RA teams for working together in unison to achieve this major milestone. Our objective is to continuously evolve our practices on ground to improve the delivery of our products and services to customers.” 

The certification ceremony was attended by key figures from both Risk Associates and TPS Worldwide including Ovais Khan, COO – TPS Worldwide, Nofal J. Awan, Head of Product Management – TPS Worldwide, Omair Khan, Vice President of Engineering – TPS Worldwide, Salman Khwaja, Security Architect – TPS Worldwide