BDO Unibank Enhances Payments Infrastructure with Finastra's Global PAYplus
BDO Unibank, Inc. has upgraded its payments infrastructure using Finastra’s modern Global PAYplus (GPP) platform to support growing transaction volumes and improve operational efficiency. The deployment of GPP enables BDO to handle both high-value and mass-payments with greater automation and flexibility, supporting evolving standards like ISO 20022. As the largest commercial bank in the Philippines using GPP, BDO is leveraging this solution for Swift and inbound PESONet processing. The platform provides a scalable foundation that allows the bank to adapt to new domestic and cross-border payment networks while enhancing client experience through innovation. Finastra’s Chief Product Officer of Payments highlighted how banks globally are under pressure to deliver immediate, reliable payments tailored to diverse customer needs. BDO's implementation reflects an industry shift toward unified AI-enabled payment hubs with cloud-native architecture.
Topics: banking payment_processing technology