DBS Drives Digital Transformation in Asia-Pacific with ACI Worldwide
ACI’s UP Real-Time Payments solution underpins fast, open payments for Southeast Asia’s largest bank
DBS is further building upon its longstanding relationship with ACI, through which the bank originally developed IDEAL – its leading digital banking portal for corporates. DBS’s continued digital transformation utilizes ACI’s UP Real-Time Payments solution as the backbone of its enterprise payments framework, allowing merchant, wholesale and SME customers to offer FAST payments services – including over the mobile channel and Singapore’s enhanced peer-to-peer funds transfer service, PayNow.
With innovation in the region driven by the real-time and open
imperative, faster payments and real-time cross-border
payments are transforming the ASEAN fintech landscape.
ACI’s UP Real-Time Payments solution gives banks complete control, choice and flexibility in routing their real-time payments, providing connectivity to immediate payments schemes and real-time gross settlement (RTGS) globally.
“Successful digital payment transformation requires not only embracing
the real-time paradigm, but also adopting an ‘open’ mindset in which
Open APIs play an important part, as well as working with ecosystem
partners to make banking services readily available and joyful,” said
“We are proud of our longstanding relationship with DBS, and look
forward to continuing this collaboration as the bank continues to
innovate and grow,” said
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