Security Bank expands online cash management

MANILA, Philippines - Security Banking Corp. has expanded its Internet-based cash management solutions with the introduction of a more advanced platform.

The ADCM Plus or Auto Debit Collections Manager Plus, a real-time Internet-based corporate banking cash management system, has been included in Security DigiBanker, the bank’s online suite of cash management solutions.

The ADCM Plus is a settlement service that addresses the needs of corporate clients by providing a payment method using existing Internet / mobile portal thereby providing a fully integrated e-commerce facility.

It is integrated with the client’s portal for greater efficiency and flexibility to allow their trading partners (e.g. customers, dealers, distributors, etc.) the ease and convenience of a full cycle transaction — from bills presentation to bills payment — through any of their preferred electronic channels (e.g. Internet, mobile/phone, ATM) as well as the traditional over-the-counter transaction in any of Security Bank’s nationwide network of branches.

The key feature of the ADCM Plus is its ability to connect directly with any portal to facilitate the execution of payment instructions initiated by trading partners, and therefore providing reports online for the expedient update of transaction records.

Another distinctive benefit of ADCM Plus is to ensure all transactions are both highly secured and completed on real time by validating and processing transactions instantaneously through the Digibanker system, regardless of the mode of communication.

Security DigiBanker’s other features include Internet-based cash management solutions, provides customers an Internet browser-based window to electronically execute and deliver a wide range of services, including real-time funds monitoring, collections, check payments outsourcing, corporate tax and bills payments, and other operating funds applications.

The ADCM Plus recently received a citation for product innovation from the Financial Insights Innovation Award held in Singapore. This is the third consecutive year that Security Bank received a citation for its technological innovations under the multi-awarded Security DigiBanker with its wide suite of services and cash management solutions.