BPI Direct BanKo (BanKo), the microfinance arm of the Bank of the Philippine Islands (BPI), has announced a partnership with ACI Worldwide to modernise its payment infrastructure.
Under the agreement, BanKo will implement ACI’s issuing and acquiring platform to manage its transaction processing.
The new platform aims to replace the bank’s existing switch, enabling real-time processing across multiple channels, including ATMs, point-of-sale (POS) terminals, and mobile devices.
According to the announcement, the system utilises a modular architecture designed to support the rapid rollout of new features while ensuring compliance with evolving regulatory standards.
BanKo expects to launch the project by the end of the first quarter of 2026. The upgrade will enable the bank to manage increasing transaction volumes and enhance operational reliability.
Rodolfo Mabiasen, BanKo President, highlighted the importance of the switching network as a customer touchpoint.
Highlighting the alignment between the two firms, ACI Worldwide’s Leslie Choo remarked that the joint effort will reinforce the foundation of the Philippine payment ecosystem, driving both innovation and financial inclusion.
Featured image by user21016237 via Freepik.
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