Security Bank and ACI Worldwide Win Award for Unified Payments Platform
Event summary
- Security Bank and ACI Worldwide won the 'Best Payment Technology Initiative in Asia Pacific' at The Asian Banker Global Financial Technology Innovation Awards 2026.
- The initiative consolidated fragmented systems into a unified, scalable payments platform supporting ISO20022 real-time payment processing.
- The platform increased transaction volumes by 35% year-on-year and achieved 99.99% uptime.
- InstaPay went live within 10 months, scaling to over 10 million transactions per month.
The big picture
The collaboration between Security Bank and ACI Worldwide sets a new benchmark for enterprise-wide payments modernization, addressing long-standing industry challenges of fragmented systems and limited scalability. This initiative reflects a broader trend in the financial services sector towards unified, intelligent payments orchestration layers that enhance operational efficiency and customer experience. The success of this project could influence other banks in the region to adopt similar transformative approaches.
What we're watching
- Scalability
- The pace at which Security Bank can scale the platform to handle increasing transaction volumes without compromising performance.
- Regulatory Compliance
- Whether the platform's ISO20022-native architecture can adapt to evolving regulatory requirements in the Asia Pacific region.
- Competitive Advantage
- How the unified payments platform will differentiate Security Bank in the competitive Philippine banking market.
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