86400 (An initiative by Mobileware Technologies) has successfully completed and been awarded the ISO/IEC 27001:2022 certification by BSI Group India Pvt. Ltd.
The certification underscores 86400’s unwavering commitment to the highest global standards in information security management and operational resilience.
This internationally recognised standard provides a robust framework for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS).
The scope of this certification is comprehensive, covering the application software development lifecycle and maintenance for solutions like the company’s flagship TransXT API banking platform, along with all critical support functions including Human Resources, IT Operations, Administration, Finance, Legal, and Business Growth Management.
The rigorous audit, conducted by BSI Group India Pvt. Ltd., confirmed effective security controls, strong risk management practices, and strict compliance across the entire organization. By seamlessly transitioning to the updated 2022 standard (having maintained ISO/IEC 27001 certification since 2023), 86400 provides stakeholders – from customers to regulatory bodies – with assurance that security is prioritized at every level.
Satyajit Kanekar, Founder & CEO, 86400 said, “The ISO/IEC 27001:2022 compliance strengthens our competitive position for new opportunities in regulated and international markets. As part of our broader strategy to maintain the highest standards of security and regulatory alignment, we are also actively pursuing additional compliance initiatives, including PCI-DSS certification for secure cardholder data handling and SOC 2 Type II attestation to assure clients of the effective design and consistent operation of our security controls. These ongoing initiatives are core to Mobileware’s long-term vision of secure digital enablement.”
Amitabh Kanekar, Co-Founder, 86400 added, “Achieving the ISO/IEC 27001:2022 standard is a powerful affirmation of our operational excellence and the collective dedication of the 86400 team. For our BFSI clients and partners, this certification is the clearest assurance that security, integrity, and compliance are non-negotiable pillars supporting every payment solution we deliver.”
This certification directly reinforces 86400’s strategic advantage in a digital ecosystem facing escalating security challenges, evidenced by digital fraud doubling to approximately Rs 1,457 crore in FY 2024–25.
For banks and FinTechs, this security standard provides crucial assurance, validating the integrity of the company’s proprietary, switch-agnostic Reconciliation Engine – a key defense against systemic risk that establishes a definitive “single source of truth” for settlement and compliance reporting.
The secure framework also guarantees the reliability of high-growth products like the Credit Line on UPI (CLOU) platform, enabling partners to democratise credit.
Utilising the certified TransXT platform and its modular API architecture, 86400 allows clients to achieve faster time-to-market and bypass the costly risk associated with full-stack core system overhauls, cementing its role as a secure enabler of next-gen digital finance.
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