BUSINESS > NEWS

AFFIN BANK TO MODERNISE REAL-TIME PAYMENT CAPABILITIES, BOOST EFFICIENCY BY 75 PCT

10/07/2024 05:03 PM

KUALA LUMPUR, July 10 (Bernama) -- 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 today.

The partnership with ACI Worldwide, a global leader in mission-critical, real-time payments software, also targets a 75 per cent efficiency boost through process automation and eliminating manual actions, reducing errors, it said.

The group will also handle over 20 per cent 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

 

 


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2024 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy