Intellect Design Arena inks digital transformation deal with leading Philippines universal bank

Intellect Design Arena, a frontrunner in cloud-native, API-first financial technology, has unveiled its landmark collaboration with a top universal bank in the Philippines. This venture is set to be the largest bank-wide transformation initiative in the APAC region, encompassing Corporate, MSME, and Retail Banking sectors.

This transformative alliance, hinged on Intellect’s cutting-edge solutions, is aimed at aligning with the bank’s overarching goal: delivering a priority service that truly captures its brand promise of unparalleled banking experiences.

Key highlights of the partnership include:

• Superior Customer Experience: Through Intellect Global Transaction Banking (iGTB), the bank is geared to prioritize customer experience.
• CBOS & Headless Architecture: Pioneering in digital experience design, this feature empowers the bank to usher in innovations and craft customized user journeys.
• Specialized Banking Functions: The solution is enriched with microservices architecture, providing expertise in areas like Cash Management, Payments, and Liquidity Management.
• Cloud-first Approach on AWS: Ensuring agility, scalability, and impenetrable security by leveraging cloud technologies.

Additionally, Intellect’s award-winning iKredit360 comes to the fore as a comprehensive credit tech platform. It streamlines everything from application processing to credit evaluation, optimizing the entire cycle. This translates to quicker loan approvals and enhances overall customer satisfaction.

Powering these solutions is Intellect’s eMACH.ai, the globally renowned open finance platform. With 285 cloud-ready microservices, over 1,200 APIs, and leveraging artificial intelligence, it’s built around key pillars like scalability, ease of integration, and configurability.

Arun Jain, the Chairman and Managing Director of Intellect Design Arena Limited, highlighted the company’s profound footprint in the Philippine banking tech landscape. “Our strategic positioning and expertise in the banking domains have solidified our dominance in the Philippine market,” he remarked. Jain expressed gratitude to the bank for its trust, reiterating Intellect’s unwavering commitment to premium solutions.

Wrapping up, Intellect reaffirmed the pivotal role of eMACH.ai in shaping the future of banking. By being at the vanguard of technological shifts in the financial sector, Intellect continues to empower APAC banks with avant-garde digital solutions, marking a new era of banking in the Philippines.