ACI Worldwide and Security Bank Philippines Recognized for Payments Modernization Initiative
From left to right: Nicole Ranna Feliciano, Product Management and Payments Channel Head, Security Bank Corporation; Ong Chee Cheng, VP, Head of ASEAN, ACI Worldwide; Matthew Grech, VP, Head of Services, Asia Pacific, ACI Worldwide • Photo Credit: ACI Worldwide
OMAHA, Neb. & SINGAPORE, May 15, 2026 (FINANCE INTERVIEWS) — Payments technology company ACI Worldwide (NASDAQ: ACIW) and Security Bank Corporation have been recognized with the “Best Payment Technology Initiative in Asia Pacific” award at The Asian Banker Global Financial Technology Innovation Awards 2026 for their enterprise-wide payments modernization initiative.
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The project consolidated fragmented payment systems into a unified, cloud-ready platform integrating transaction processing, monitoring, investigation and reporting into a single operational environment. The platform supports ISO 20022 real-time payment processing across low- and high-value payment rails.
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The initiative modernized the bank’s payments orchestration layer across all business lines, enabling standardized workflows, greater automation and improved straight-through processing. Built on a microservices-based, cloud-native architecture, the system maintains compatibility with legacy infrastructure while supporting evolving regulatory requirements.
“While many payment transformation efforts focus on infrastructure modernization, this initiative delivers clear business value. By simplifying operations, accelerating time to market, and enabling new revenue models, it moves beyond modernization to creating a competitive advantage for the bank. In partnership with Security Bank, we transformed the payments backbone, replacing fragmented layers with a unified, intelligent orchestration layer. This goes beyond speed, giving Security Bank the control, agility, and resilience to lead in a digital economy and raise the bar for the region,” said Leslie Choo, Senior Vice President and Managing Director – APAC, ACI Worldwide.
Security Bank reports that the new platform increased domestic transaction volumes by 35% year-over-year, tripled processing capacity and achieved 99.99% uptime. InstaPay was implemented within 10 months and scaled to more than 10 million transactions per month shortly after launch.
“This transformation goes to the heart of how we serve our customers and grow as a bank. Payments are no longer a back-end utility. They are a front-line experience and a competitive differentiator. Together with ACI, we have built a modern payment platform that allows us to move at the speed of our customers, scale with confidence, and innovate without being held back by legacy constraints,” said John Cary Ong, Executive Vice President and Wholesale Banking Segment Head at Security Bank Corporation.
Security Bank Corporation, established in 1951, is a publicly listed universal bank in the Philippines. ACI Worldwide develops global payments technology solutions for banks, billers and merchants.
For more information, visit www.aciworldwide.com or www.securitybank.com.
