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Malaysia’s CIMB Bank partners with ACI for payments system upgrade

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Summary
Nutrition label

79% Informative

Malaysian financial services provider CIMB Bank has partnered with ACI Worldwide to modernise its payments platform.

The collaboration will consolidate all account-to-account transactions onto one platform, enhancing efficiency and compliance for the bank's operations, beginning from its Malaysian headquarters.

The new platform is expected to deliver significant improvements in straight through processing for bank.

The Kuala Lumpur -based lender had a market capitalisation of approximately RM75.2bn ($ 18bn ).

VR Score

74

Informative language

72

Neutral language

58

Article tone

formal

Language

English

Language complexity

76

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

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