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Philippines’ Security Bank taps ACI Worldwide to modernise payments

March 10, 2023

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Security Bank will deploy ACI’s enterprise payments platform to modernise its payments infrastructure and provide personalised banking, as part of its digitalisation strategy.

The “flexible” cloud-native real-time payment architecture means Security Bank can provide existing and incoming payment types for individuals, merchants and corporates, including payment processing, domestic scheme gateways and Swift on ISO 20022 standards.

“With the Philippine payments system primed for rapid growth, we require a technology platform that is scalable and can be modified as our customers’ needs and demands evolve,” Stephen John Bell, senior vice president and channels network group head at Security Bank, explains.

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