Economy, Banking and Finance · 7 January 2026

Financial Software and Systems (FSS) becomes first payments company in India, Middle East, APAC and South Africa to achieve ISO IEC 42001 Certification.

Exam-focused facts from the 7 January 2026 current affairs briefing.

Key facts

  • Financial Software and Systems (FSS) is the first payments company in India, the Middle East, APAC and South Africa to be certified as an ISO IEC 42001 Certification Lead.
  • ISO IEC 42001 establishes clear ownership of AI systems, defined governance structures and ongoing performance monitoring.
  • FSS AI governance framework has been independently assessed by TUV SUD.