ACI Worldwide’s expansion into Asia just reached a new milestone.
The company’s ACI Universal Online Banker and Global Trade Manager will be put to work powering the regional Internet and mobile banking platform of Singapore-based, DBS.
The platform, DBS IDEAL 3.0 helps businesses better manage their cash and trade transactions. Additionally, IDEAL 3.0:
- Is used by more than 160,000 corporate customers in more than 100,000 institutions
- Operates in Singapore, Hong Kong, China, India, Indonesia, Taiwan, and the United Kingdom
- Processes more than 40 million transactions each year
DBS has more than 250 branches in 15 markets. With more than 4 million customers, the bank has won Global Finance’s “Safest Bank in Asia” five years in a row from 2009-2013. The company has 18,000 employees, and was founded in 1968 as the Development Bank of Singapore.
ACI Worldwide develops payment systems products for retail and wholesale banking, as well as retail businesses. The company serves more than 2,600 financial institutions, processing $12 trillion in payments daily. This includes transactions for 16 of the world’s top retailers, and all but one of the world’s 25 biggest banks.
ACI Worldwide demonstrated its Mobile Enterprise Banker for Tablets technology at FinovateFall 2011. See the company in action here.