ACI Worldwide and Security Bank Corporation won the “Best Payment Technology Initiative in Asia Pacific” at the The Asian Banker Global Financial Technology Innovation Awards 2026 for upgrading the bank’s payment system.
The project replaced multiple fragmented payment systems with one unified platform that handles both low and high-value real-time payments using ISO 20022 standards. The new system also combines transaction processing, monitoring, investigation, and reporting into one platform, reducing manual work and improving efficiency.
Security Bank said the transformation allows the bank to launch services faster, improve customer experience, and support future growth. The cloud-based platform was built with microservices architecture and remains compatible with older banking systems while meeting new regulatory requirements.
The rollout was completed in phases, with InstaPay launched within 10 months. The platform later scaled to process more than 10 million transactions monthly. Security Bank reported a 35 percent year-on-year increase in domestic payment transactions, while the system tripled processing capacity and achieved 99.99 percent uptime.
