Meridian Alpha

Regulatory Library

Regulations that apply to Meridian Alpha and the controls that meet them
As of 9 Oct 2026
Global standards · Industry standards · Payments

PCI DSS · Payment card data security

PCI DSS v4.0.1 · cardholder data environment (Payment Gateway)

Open in Studio
Legal entity
Meridian Alpha
Applicability
Applicable · Card payments
Locations
Mumbai Head Office (Bandra Kurla Complex), Bengaluru Technology Centre
Reporting cycle
Annual · report on compliance

Requirement coverage · compliance position: gaps to close

6
requirements
  • Covered 117%
  • Partially covered 467%
  • Evidence unavailable 117%
Controls
16
4 failed testing
Evidence approved
51/65
current cycle
Open findings (gaps)
4
1 high
Open actions
4
0 overdue

Requirements and the controls that meet them

RefRequirementApplicabilityControl objectiveControlsCoverage
Req. 1Network security controlsApplicablePayment channels and data in transit are protectedPAY-01ENC-01Covered
Req. 6Secure systems and change controlApplicableChanges are approved, tested and traceableCHG-01CHG-02CHG-03Partially covered
Req. 6.3Vulnerabilities identified and addressedApplicableVulnerabilities are remediated on timeVUL-01Evidence unavailable
Req. 7–8Restrict and authenticate accessApplicableAccess is approved, reviewed and removed on exit or role changeACC-01ACC-02ACC-04JML-01JML-02Partially covered
Req. 10Log and monitor all accessApplicableSecurity events are logged, retained and monitoredLOG-01LOG-02Partially covered
Req. 12.8Manage third-party service providersApplicableThird parties are assessed, contracted and monitoredVEN-01VEN-02VEN-03Partially covered

Controls and current position

ControlWhat it checksSystemsTestEvidenceOpen findings
PAY-01Payment APIs secured with mTLS, signing and customer 2FAPayGate Payment Gateway, Meridian Customer PortalPass2 / 20
ENC-01Customer and payment data encrypted at rest and in transitAmazon Web Services (ap-south-1), Meridian Customer PortalPass2 / 20
CHG-01Production code changes are peer-reviewed and approvedGitHub Enterprise Cloud, Meridian Customer PortalPass9 / 90
CHG-02Emergency changes are retrospectively approvedGitHub Enterprise Cloud, ServiceNow ITSMFail2 / 50
CHG-03Developers have no standing production access; deployments via pipeline onlyAmazon Web Services (ap-south-1), GitHub Enterprise CloudPass2 / 30
VUL-01Vulnerabilities are scanned and remediated within SLAAmazon Web Services (ap-south-1), GitHub Enterprise CloudNot tested0 / 00
ACC-01MFA and SSO enforced for workforce accessAmazon Web Services (ap-south-1), Microsoft Entra ID, GitHub Enterprise CloudPass6 / 60
ACC-02User access provisioning is approved before grantMicrosoft Entra ID, SAP S/4HANA, ServiceNow ITSMPass6 / 60
ACC-04Quarterly user access review of in-scope applicationsMicrosoft Entra ID, Salesforce (Sales + Financial Services Cloud), SAP S/4HANANot tested0 / 50
JML-01Leavers are de-provisioned within 24 hoursDarwinbox HRMS, Microsoft Entra ID, SAP S/4HANAPass6 / 60
JML-02Mover access is recertified on role changeDarwinbox HRMS, Microsoft Entra ID, SAP S/4HANAFail9 / 91
LOG-01Security events are centrally logged and monitored 24x7Amazon Web Services (ap-south-1), Microsoft Entra ID, Meridian Customer PortalPass3 / 40
LOG-02Audit logs retained 180 days online and 5 years archived, tamper-protectedAmazon Web Services (ap-south-1), SAP S/4HANANot tested0 / 00
VEN-01Critical third parties are risk-assessed before onboarding and annuallyPayGate Payment Gateway, Salesforce (Sales + Financial Services Cloud)Fail2 / 31
VEN-02Provider contracts include data protection and RBI audit clausesSalesforce (Sales + Financial Services Cloud)Not tested0 / 11
VEN-03Supplier security incidents are assessed for impact and trackedPayGate Payment Gateway, Meridian Customer PortalFail2 / 41

Open actions

ActionIssueOwnerDueStatus
REM-F-SOC2-02Mover access not removed timely (deviation in CC6.2 testing)Neha Iyer31 Oct 2026Open
REM-F-RBI-02Material outsourcing: lapsed assurance and overdue reassessment (Outsourcing of IT Services 2023 §6/§9)Sanjay Kulkarni20 Oct 2026Open
REM-F-ISO-02Supplier agreement lacks information security clauses (A.5.20)Sanjay Kulkarni31 Oct 2026In Progress
REM-F-RBI-03Payment provider incident — incomplete credential rotationDeepa Menon10 Oct 2026In Progress

Regulatory reporting for management, audit and compliance review. Applicability is as assessed in Prismet. Statutory returns and regulator filings are not prepared or submitted from Prismet.