BPI Direct BanKo, Inc. announced that it has selected ACI Worldwide to advance its payment infrastructure. Under this partnership, BanKo will implement ACI's issuing and acquiring platform, enabling banks, fintechs, and merchants to deliver fast, seamless omnichannel transaction processing while staying compliant with evolving regulatory standards. ACI's platform enables real-time transaction processing across multiple channels, including ATMs, POS, and mobile, while ensuring reliability and high availability.
Its modular architecture provides flexibility to extend to new services and products and supports the fast rollout of new features and functions. With its open architecture and robust security features, the platform enables financial institutions to reduce costs, accelerate innovation, and deliver seamless customer experiences. Through this strategic partnership, BanKo is poised to embark on a transformative journey by capitalizing on ACI's market-leading payment solutions.
This initiative aims to replace the existing switch, thereby enhancing BanKo's business capabilities. By aligning with customers' evolving expectations and managing increasing transaction volumes, BanKo will leverage the core attributes of ACI's software--specifically its speed, reliability, and scalability--that will serve as the cornerstone of this endeavor. The new platform is expected to go live by the end of First Quarter of 2026, marking a significant milestone in BanKo's digitalization efforts to enhance customer banking experience and deliver faster, more reliable payment services to millions of Filipinos nationwide.
