The new enterprise offers a centralised system that consolidates all payment instructions from various channels.
KUALA LUMPUR: Affin Group has partnered with Nasdaq-listed ACI Worldwide, to modernise the bank’s real-time payment capabilities as part of its digital transformation journey, streamlining operations and enhancing customers’ payment experience.
The new enterprise offers a centralised system that consolidates all payment instructions from various channels, and converges high-value and low-value payments, said the bank in a statement yesterday.
The partnership with ACI Worldwide, a global leader in mission-critical, real-time payments software, also targets a 75% efficiency boost through process automation and eliminating manual actions, reducing errors, it said.
The group will also handle over 20% more transactions, supporting growth and scalability, said the statement.
Affin Bank Bhd operates as the financial holding entity of Affin Islamic Bank Bhd, Affin Hwang Investment Bank Bhd, and Affin Moneybrokers Sdn Bhd.
Generali Insurance Malaysia Bhd and Generali Life Insurance Malaysia Bhd are affiliated companies of Affin Bank Bhd. — Bernama
